Canadian Olympic athlete salaries leak publicly and they're quite surprising
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 is a journalist from the French newspaper the "Journal de Montreal", and she revealed to everyone how much money athletes are paid when they win a medal at the Olympics, which are currently being held in Paris, France.
"Olympic medals don't hold the same value for all athletes. Since no cash prize is associated with the medals, it's the countries that decide to reward—or not—their athletes. They also determine the size of the prize."
- Sarah-Florence Benjamin
- Sarah-Florence Benjamin
Not every athlete will receive the exact same reward for winning a medal, as some countries are more willing to commit greater amounts of dollars towards their athletes. Canadian athletes are not rewarded as well as athletes from other countries, which is very unfortunate, as the Government of Canada should be doing better to help grow athleticism in the country.
CANADA
Gold medal: $20,000
Silver medal: $15,000
Bronze medal: $10,000
Silver medal: $15,000
Bronze medal: $10,000
FRANCE
Gold medal: $119,837 CAD
Silver medal: $59,918 CAD
Bronze medal: $29,959 CAD
Silver medal: $59,918 CAD
Bronze medal: $29,959 CAD
UNITED STATES
Gold medal: $51,667 CAD
Silver medal: $31,000 CAD
Bronze medal: $20,667 CAD
Silver medal: $31,000 CAD
Bronze medal: $20,667 CAD
HONG KONG
Gold medal: $1,060,858 CAD
Silver medal: $530,429 CAD
Bronze medal: $265,215 CAD
4th: $132,607 CAD
5th: $66,304 CAD
Silver medal: $530,429 CAD
Bronze medal: $265,215 CAD
4th: $132,607 CAD
5th: $66,304 CAD
SINGAPORE
Gold medal: $1,028,195 CAD
Silver medal: $514,098 CAD
Bronze medal: $257,049 CAD
Silver medal: $514,098 CAD
Bronze medal: $257,049 CAD
UNITED KINGDOM, SWEDEN, AND NORWAY
These countries offer no cash prize to their medallists.
KAZAKHSTAN
Gold medal: $13,110 and a three-room apartment
Silver medal: $8,740 and a two-room apartment
Bronze medal: $4,370 and a one-room apartment
Silver medal: $8,740 and a two-room apartment
Bronze medal: $4,370 and a one-room apartment
One interesting country is Morocco, who rewards athletes all the way down to the 25th position. Those coming in 25th will be given $6,979 CAD, and those in 8th place receive a generous amount of $30,000 CAD.
In Italy, a gold medal winner receives $270,000 CAD.
Wow just $37,500 (all figures USD) as a monetary award to win a gold medal for the U.S. in the Olympics compared to Singapore where you earn $737,000 to win a gold medal or Taiwan at $716,000.
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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
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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 receive well over $100,000 in bonuses from their countries if they win medals, however the maximum amount a Canadian athlete gets is only $20,000. Canadian athletes deserve better treatment.
Source: Habs Fanatics
The exact salary that comes with a medal at the 2024 Olympic Games is revealed
The exact salary that comes with a medal at the 2024 Olympic Games is revealed
| POLL | ||
JUILLET 31 | 279 ANSWERS Canadian Olympic athlete salaries leak publicly and they're quite surprising Should the Government of Canada reward Canadian medallists with more money? | ||
| Yes | 193 | 69.2 % |
| No | 86 | 30.8 % |
| LIST OF POLLS | ||
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