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Cashing in on gold

By Published August 12, 2021

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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