Did You Know Athletes Don't Get Anything From Olympics? Here's How They Actually Earn!

Did You Know Athletes Don't Get Anything From Olympics? Here's How They Actually Earn!
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Of course, athletes chose this career not just for the sake of money but for many other reasons. For them, playing sports is a passion, fun, a way of life and of course, a way to make their country proud. Everbody knows that no one in their right mind would put so much hard work, take risks, suffer as much as sportsmen do just for the sake of money.

Still, everyone needs a steady income to live a decent life and these sportsmen truly deserve to be paid support their living.

But, do you know how do these Olympic athletes make money? Who pays them? How much do they earn?

Let's find out.

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Well, the answer is quite surprising. Most of the athletes earn nothing for Olympic competition.

Well, the answer is quite surprising. Most of the athletes earn nothing for Olympic competition.

Though most of the countries provide travel expenses to their athletes to participate in Olympics.

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Then, what's their source of income?

Then, what's their source of income?
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The only direct source of income Olympians receive is from their sponsors.

The only direct source of income Olympians receive is from their sponsors.
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But after getting sponsorship, sometimes these Olympians have to do things like - covering their shoe logo.

But only A-list players like Michael Phelps get these sponsorships.

But only A-list players like Michael Phelps get these sponsorships.
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In 2008, Michael Phelps received $1 million from Speedo for winning eight gold medals.

They also get money from their country for winning the medals.

They also get money from their country for winning the medals.
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For example, US Olympic Committee pays an athlete $25,000 for winning a gold medal, $15,000 for winning a silver medal and $10,000 for winning a bronze medal. Whereas Russia pays $135,000 for a gold, $81,600 for a silver and $54,400 for a bronze.

But these athletes certainly lack a steady income.

But these athletes certainly lack a steady income.
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Countries like India even provides jobs in government sector to their medal-winning athletes.

Countries like India even provides jobs in government sector to their medal-winning athletes.
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So, do you think athletes should get a steady income?