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How much do Olympic gold medal winners get paid?

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2013-04-25 19:04:52
2013-04-25 19:04:52

Payment for winning Olympic medals varies by country. Some do not pay any money at all.

The United States Olympic Committee pays its medal winners $25,000 to gold medal winners, $15,000 to those who take home a silver and $10,000 for a bronze. Some of the richer U.S. sport federations give additional prize money to their winners as well.

There are many appearances and endorsement deals that generally follow a gold medal winner.

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The US Olympic committee pays $25,000.00 to gold medal winners.

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That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal.

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Olympic athletes do not get paid for the medals they win. They do not receive pay for participating. U.S. medalists receive cash prizes from the U.S. Olympic committee. Gold medal winners receive $25,000, silver medal winners receive $15,000, and bronze medal winners receive $10,000.

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Great Britain does not give any bonus or award for winning a medal.

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I don't believe being paid is allowed

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An Olympic Gold medal is worth 25,000 U.S. Dollars

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That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal. The United Kingdom pays nothing.

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It differs from country to country, but a Gold Medal in the USA gets a $25,000 payment, and the average tax on that is about $9,000.

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The gold medal is 92.5% silver plated with 6 grammes of gold.

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The medal is silver with a 6 gram coating of gold.

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This depends on the country and what its polcies are and als those companies who sponsor the Athletes.

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1%. Believe it or not, an Olympic gold medal is only 1.34% gold. It's actually mostly made of silver.

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6g of gold is used as plate, the medal is 92.5% silver.

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Olympic athletes are amateurs. They do not get paid. Britain does not award cash to medal winners. Other countries in the UK might award cash to their medal winners.

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6 grammes of gold, the medal is nearly all silver (92.5%).

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Probably not that much, because the medal is made out to the swimmer.

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This depends on what, if any, bonus the athlete's national Olympic committee pays out. For the USA, the USOC pays athletes $25,000 per gold medal, $15,000 per silver and $10,000 per bronze.

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They receive no money from the Olympics. However a win will certainly lead to some sort of endorsement deal with advertisers. The only consideration they receive is the medal. If you consider the value of the gold medal as "payment", it is worth something, but not much. The gold medal is not solid gold. The value of a gold medal, made according to Olympic Charter specifications, which contains 6 grams of gold with the rest being silver is about 500 to 600 US dollars depending on the market prices of gold and silver.

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The medal winners do not officially get a monetary reward from the Olympic committees. The award depends on the country's Olympic committee and the country's generosity. For example, one country may award a gold medalist with $10,000 whereas another country may award a gold medal with $50,000. Most athletes make their money through endorsement deals and sponsors.

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According to reports on the Internet, the contents of an Olympic Silver Medal are the same as with an Olympic Gold Medal, 92.5 percent pure silver. The Gold Medal is covered by at least 6 grams of gold, according to the Olympic Charter. Some Olympic hosts make the medals larger or smaller according to their respective preferences...but the content must still follow the Charter.

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The 2014 Olympic silver medal is slightly heavier compared to the gold medal. It has 525 grams of silver with a 960 hallmark.

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There is very little gold in an Olympic gold medal, but since the medal is redesigned each time the Olympics are held, the amount can change a bit. The gold medals for the 2014 Winter Olympics contained 6 grams of gold. The medals weigh 531 grams each.

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Modern Olympic "gold" medals are actually mainly silver, plated with gold. Each medal contains at least 6 grams of gold.


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