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IN Sports ON 04 Aug, 2016
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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Though most of the countries provide travel expenses to their athletes to participate in Olympics.
But after getting sponsorship, sometimes these Olympians have to do things like - covering their shoe logo.
In 2008, Michael Phelps received $1 million from Speedo for winning eight gold medals.
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.
So, do you think athletes should get a steady income?