51 sats \ 12 replies \ @kristapsk 8 Aug \ parent \ on: How much do Olympians win when they get medal? Stacker_Sports
Often countries pay their athletes for some achievements. For example, in Latvia, IIRC, if you finish in one of the first six places, you get some monetary bonus.
I think it is very small.
But they make a lot on the brand deals and advertisements.
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In Latvia I think it was around 140K EUR for gold.
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Depends on how popular you are. Let's say, in winter sports, Latvians regularly get medals in bobsleigh, but they live from salaries and national bobsleigh team need additional sponsorship in top of money from local Olympic committee and Bobsleigh federation (which gets money from government) to survive. Some top guys recently even left the team for money reasons.
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Noah Lyles winning gold in 100 meters will be a very rich man
Of course the 100 meter final is the signature event in terms of ratings
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In most sports they aren't too rich even if they win. Olympics are once 4 years for them, rest of events are not too popular to get too big sponsorships even if you are champion.
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In major sports yes, but in Olympics major sports aren't majority. :)
Some can become coaches, but not all. If you are successful, some can go as coaches for less developed nations in that kind of sports. But still, not every sportsman can become good coach or coach at all.