Although the International Olympic Comité (IOC) does earn over 500,000,000 USD in television broadcast rights only /year on the Olympic Games, not a dime is going to the athletes themselves. That might be a very questionable decision from the IOC, certainly as it is thanks to the efforts and participation of the world wide athletes, the IOC receives its income.
Lucky for the sporters the National olympic federation awards prizes which are disclosed before the tournament. So the cash prized awarded to athletes are different from country to country and your usualy big guns like United States only offer around 25,000 USD for winning the gold, 15,000 USD for silver and 10,000 USD for Bronze while Azerbijan award 510,000 USD to the winner of gold, 255,000 USD for silver and 130,000 USD for bronze.
But you have to take into account that athletes who wins Gold for USA, UK, Australia etc can hit a jackpot in terms of endorsement deals which can be much more cash rewarding compared to just the one off payment.
Most of the countries award lump sum payments but some countries like Philippines and Thailand award cash prized which are staple income over 20 years. Only a handful of countries ward cash prized to silver and bronze medalists while most federations only award prized for gold winners.
| NO# | COUNTRY | GOLD | SILVER | BRONZE |
| 1 | Azerbaijan | $510,000 | $255,000 | $130,000 |
| 2 | Kazakhstan | $200,000 | $150,000 | $75,000 |
| 3 | Thailand | $314,000 (over 20 years period) | ||
| 4 | Philippines | $237,000 (over 20 years period) | ||
| 5 | Kyrgyzstan | $200,000 | ||
| 6 | Latvia | $190,000 | ||
| 7 | Italy | $180,000 | ||
| 8 | Uzbikstan | $150,000 | ||
| 9 | Belarus | $150,000 | ||
| 10 | Ukraine | $150,000 | ||
| 11 | Russia | $135,000 | ||
| 12 | Australia | $126,000 | ||
| 13 | Tajikistan | $63,000 | ||
| 14 | France/Belgium | $65,000 | ||
| 15 | China | $31,400 | ||
| 16 | USA | $25,000 | ||
| 17 | Germany | $19,500 | ||
| 18 | United Kingdom | no cash prized awarded by Britain’s Olympic Committee | ||
| OTHER COUNTRIES | Almost all the countries award cash prized to medalist in some form |
Although the International Olympic Comité (IOC) does earn over 500,000,000 USD in television broadcast rights only /year on the Olympic Games, not a dime is going to the athletes themselves. That might be a very questionable decision from the IOC, certainly as it is thanks to the efforts and participation of the world wide athletes, the IOC receives its income.
Lucky for the sporters the National olympic federation awards prizes which are disclosed before the tournament. So the cash prized awarded to athletes are different from country to country and your usualy big guns like United States only offer around 25,000 USD for winning the gold, 15,000 USD for silver and 10,000 USD for Bronze while Azerbijan award 510,000 USD to the winner of gold, 255,000 USD for silver and 130,000 USD for bronze.
But you have to take into account that athletes who wins Gold for USA, UK, Australia etc can hit a jackpot in terms of endorsement deals which can be much more cash rewarding compared to just the one off payment.
Most of the countries award lump sum payments but some countries like Philippines and Thailand award cash prized which are staple income over 20 years. Only a handful of countries ward cash prized to silver and bronze medalists while most federations only award prized for gold winners.
| NO# | COUNTRY | GOLD | SILVER | BRONZE |
| 1 | Azerbaijan | $510,000 | $255,000 | $130,000 |
| 2 | Kazakhstan | $200,000 | $150,000 | $75,000 |
| 3 | Thailand | $314,000 (over 20 years period) | ||
| 4 | Philippines | $237,000 (over 20 years period) | ||
| 5 | Kyrgyzstan | $200,000 | ||
| 6 | Latvia | $190,000 | ||
| 7 | Italy | $180,000 | ||
| 8 | Uzbikstan | $150,000 | ||
| 9 | Belarus | $150,000 | ||
| 10 | Ukraine | $150,000 | ||
| 11 | Russia | $135,000 | ||
| 12 | Australia | $126,000 | ||
| 13 | Tajikistan | $63,000 | ||
| 14 | France/Belgium | $65,000 | ||
| 15 | China | $31,400 | ||
| 16 | USA | $25,000 | ||
| 17 | Germany | $19,500 | ||
| 18 | United Kingdom | no cash prized awarded by Britain’s Olympic Committee | ||
| OTHER COUNTRIES | Almost all the countries award cash prized to medalist in some form |