Olympic Financial Payout
As the Beijing Olympic Games begin, there will be discussion of national pride and the joy of winning an Olympic medal.
There is also a monetary incentive.
The United States Olympic Committee (USOC) also provides these athletes with financial rewards:
- a gold medal: $25,000
- a silver medal: $15,000
- a bronze medal: $10,000
One wonders what the professional basketball players think of this Olympic payout. For Kobe Bryant, for example, his basketball salary alone is north of nineteen million dollars - a year. The USOC financial incentive must seem like pocket-change.
Catherine Forsythe
Tags: Beijing, financial incentives, Kobe Bryant, medals, Olympics, professional athletes, USOC
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