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How much do Olympic gold medalists get paid? [Video]

This year’s summer Olympics will recognize athletes accomplishments in *** new way. *** way that’s almost hard to believe didn’t exist prior to now. Gold medal, track and field winners will receive equal prize money regardless of their home country. The announcement serves as *** reminder of the physical and financial burden athletes carry just to attend, not to mention win gold at the Olympics from sponsorships on Wheaties boxes to gold medals being an Olympic athlete is big business, but the majority of athletes don’t achieve well from their talents. The financial cost associated with being an Olympic athlete can be high and the payoff extremely varied. In April 2024 world athletics, the umbrella organization for global track and field events made *** pivotal announcement, track and field, gold medalists regardless of their country will receive equal pay about $50,000 for individual athletes. Relay teams will split the winnings …

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