Cashing in on gold
The International Olympic Committee does not offer cash prizes in the belief that the glory of winning a medal is reward enough. However, some participating members offer their athletes mouth-watering incentives to bring home a gold medal. How much were some willing to stump up for a gold medal at Tokyo 2020?
Hover/tap to see the total cash prize for gold medals won
* China’s reward figure is from the latest Olympics Games, Rio 2016. The cash prize for Tokyo 2020 will be released by Chinese authorities in the coming weeks.
* China’s reward figure is from the latest Olympics Games, Rio 2016. The cash prize for Tokyo 2020 will be released by Chinese authorities in the coming weeks.
Who gave the highest cash payout for gold medals at Tokyo Olympics 2020?
Participants | US$ per medal | Medals won | Total payout |
---|---|---|---|
Italy | 213,000 | 10 | 2,130,000 |
USA | 37,500 | 39 | 1,462,500 |
Taiwan | 720,000 | 2 | 1,440,000 |
Japan | 45,000 | 27 | 1,215,000 |
China | 30,800 | 38 | 1,170,400 |
Who does not offer cash rewards to gold winners
Athletes generally tend to sign economic endorsements through advertising and other private contracts.
Additional web development Dennis Wong
Creative Director Darren Long
Sources: Money Under 30, SwimSwam, MINEWS, Independent, Daily Monitor, Nikkei Asia
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