Life

How Much Do Olympic Athletes Earn For Winning Medals?

While the International Olympic Committee does not pay prize money to medalists, many countries offer monetary rewards to their athletes for the number of medals they bring home.

If a Team USA athlete grabs a gold, the payday is $37,500; for silver $22,500.

Compare that to Singapore: $737,000 for gold; $369,000 for silver.

Australian athletes are on the lower end with a gold medalist getting $15,000; silver $11,000.

U.S. athletes also receive health insurance, access to top-tier medical facilities, and college tuition assistance.

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