How a lot is the gold medals on the Olympics price?

Nothing is price a gold to Olympic Video games. Properly, it will depend on what nation you come from. If the glory is similar for everybody, the prizes for the medalists are completely different from nation to nation.

Cows and flats: all that glitters will not be gold

It’s the native Olympic committees or particular person governments that set up the compensation for the athletes on the rostrum and generally even for many who merely take part. It’s not simply cash that’s at stake: for some (Poland) additionally flats and others (Indonesia) the cows.

Italy among the many most beneficiant international locations

Additionally in Paris 2024, as for the earlier Video games, among the many most beneficiant is the Coni which indicators the identical cheques to the successful Italian athletes as in Tokyo 2020: 180 thousand euros for gold, 90 thousand for silver and 45 thousand for bronze. Gross. In Japan theItalia gained 40 medals (10-10-20) for a complete of 2.43 million (at all times gross) that the Olympic Committee paid to its heroes.

In France, the Italians’ ambitions are to enhance the medal depend, even when the silvers and bronzes would improve, in opposition to a lower within the titles.

Italy hopefully has lots to distribute. Additionally because of the absence of Russia e Belarus. They’ll definitely do it. United Stateswho gained the medal desk at Tokyo 2020 (113 medals, together with 39 gold) and spent a complete of over 12 million euros. They’re additionally aiming to make a killing in Paris and because of this the US reward for people is inevitably extra modest: as in Japan, gold is paid 35 thousand euros, silver 21 thousand, bronze 14 thousand.

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The Unattainable Missions

Stellar figures from international locations which have athletes with near-impossible missions: Saudi Arabia in Tokyo gave karateka Tereg Hamedi the great thing about 1.2 million euros for the silver. The gold for Hong Kongif it ever occurs, in Paris it is going to be price slightly below 700 thousand euros (among the many sponsors of the committee, the official group of native betting). Singaporesponsored by the nationwide lottery physique, affords greater than 650 thousand euros for particular person titles (325 thousand for silver, 162 thousand for bronze), 1.4 million for winners of staff occasions (reminiscent of athletics relays or tennis doubles) and 1.8 million for groups. To date, just one Singaporean has managed to seize the stellar loot: swimmer Joseph Educationthe nation’s first and solely gold within the 100m butterfly on the 2016 Rio Olympics. Tokyo 2020the place he was defending his title, was eradicated within the warmth. And in April he introduced his retirement. Buen retiro.

Taiwan includes the federal government to reward the gold with 550 thousand euros and above all a month-to-month wage for lifetime of about 3700 euros. In some instances, athletes obtain rewards from each their governments and nationwide sports activities organizations. The federal government Indian affords the gold medalists round 83 thousand euros, whereas the Indian Olympic Affiliation awards them individually with 110 thousand euros. For the primary time, and it has prompted a lot dialogue within the Olympic world, the worldwide athletics federation with Sebastian Coe has deliberate its personal prize pool: 47 thousand {dollars} for the gold medals (and there will probably be 48 occasions).

Not simply the rostrum

Many international locations additionally pay athletes outdoors the rostrum: the Germaniafor instance, additionally affords rewards from 4th to eighth. The Moroccowhich supplies 180 thousand euros to gold and 114 thousand to silver, affords bonuses as much as thirty second place. In some instances, merely qualifying for the Olympics is ample cause to acquire compensation: the soccer staff and the weightlifter of theIraq Ali Ammar Yasser, obtained plots of land, month-to-month salaries and a reward of 6,000 euros every after securing a spot in Paris.

However there are additionally those that don’t foresee any prize: Nice Britain, Sweden, Norway. Others, curious bonuses: badminton athletes IndonesiansGreysia Polii and Apriyani Rahayu, who gained in Tokyo, would have obtained 5 cows, a meatball restaurant and a brand new home. Along with 320 thousand euros in money. The Ministry of Tradition and Sports activities of Kazakhstan is providing giant flats relying on the colour of the medals: 3 rooms for gold, two for silver, one room for bronze.

Flats and diamonds

Previously, aside from the practically million euros for gold, Chinese language individuals have been given flats by actual property firms. The athletes of the Malaysia a foreign-made automobile was promised on the rostrum. In earlier editions, the Austrians gold obtained over 17 thousand euros in Philharmonic cash, a well-liked bullion coin named after the Vienna Philharmonic Orchestra. Poland focuses on its jewels (4 golds in Tokyo 2020 and a pair of in Rio 2016): the winners of the title in Paris acquire 60 thousand euros (as much as 37 thousand for the bronze) as well as to a diamond funding, a journey voucher for 2 individuals price about 23 thousand euros, a portray by revered and proficient Polish artists and a two-bedroom condominium within the Warsaw metropolitan space. A symphony worthy of Chopin.