Fans shocked after salaries of Olympic athletes leak publicly
The exact amount of cash that Canadian athletes, as well as those from other countries, receive when they win a medal at the Olympics has been revealed.
Sarah-Florence Benjamin, a journalist from the French newspaper "Journal de Montreal," shared details on how much money athletes earn for winning medals at the Olympics, which are currently being held in Paris, France.
- Sarah-Florence Benjamin
The rewards for winning a medal vary significantly by country, as some are more willing to invest in their athletes than others. Canadian athletes, unfortunately, are not as well-rewarded as athletes from many other countries, sparking criticism that the Government of Canada should do more to support its athletes.
Here are the cash rewards for athletes from various countries:
Canada:Gold medal: $20,000 CADSilver medal: $15,000 CADBronze medal: $10,000 CAD
France:Gold medal: $119,837 CADSilver medal: $59,918 CADBronze medal: $29,959 CAD
United States:Gold medal: $51,667 CADSilver medal: $31,000 CADBronze medal: $20,667 CAD
Hong Kong:Gold medal: $1,060,858 CADSilver medal: $530,429 CADBronze medal: $265,215 CAD4th place: $132,607 CAD5th place: $66,304 CAD
Singapore:Gold medal: $1,028,195 CADSilver medal: $514,098 CADBronze medal: $257,049 CAD
United Kingdom, Sweden, and Norway:These countries offer no cash prize to their medallists.
Kazakhstan:Gold medal: $13,110 CAD and a three-room apartmentSilver medal: $8,740 CAD and a two-room apartmentBronze medal: $4,370 CAD and a one-room apartment
Morocco:Rewards athletes down to the 25th position. Those finishing 25th receive $6,979 CAD, and those in 8th place get $30,000 CAD.
Italy:Gold medal: $270,000 CAD
In the United States, a gold medal earns an athlete $37,500 USD, which is significantly lower than the $737,000 USD offered by Singapore and the $716,000 USD offered by Taiwan.
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U.S needs to figure out a way to increase the monetary award for a gold medal.
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#Olympics #olympics2024 #olympicgames
Many athletes from other countries receive well over $100,000 in bonuses for winning medals, while the maximum a Canadian athlete gets is only $20,000. Canadian athletes deserve better treatment.
Source: Habs FanaticsThe exact salary that comes with a medal at the 2024 Olympic Games is revealed
| POLL | ||
31 JUILLET | 102 ANSWERS Fans shocked after salaries of Olympic athletes leak publicly Should the Government of Canada reward Canadian medalists with more money? | ||
| Yes | 67 | 65.7 % |
| No | 35 | 34.3 % |
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