Published On: Tue, Aug 9th, 2016

Some Athletes Are Chasing Huge Gold Medal Bonuses

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Athletes competing at the Rio Olympics could be chasing more than gold. The fame and glory involved in winning a gold medal are certainly prime incentives for competitors but the sizeable cash rewards offered by some nations add another dimension to the games, making the taste of victory even sweeter. During the Winter Olympics in Sochi in 2014, former-Soviet states proved especially generous in terms of medal bonuses with Kazakhstan in particula roffering its athletes $250, 000 for each gold medal won.

Rio is no different with massive financial rewards on offer for some gold medal winners. Singapore is offering its potential Olympic champions the most money, a cool $1 million Singapore dollars according to Fox Sports Australia. The following infographic (which was converted from Australian to U.S. dollars) provides an overview of the biggest estimated cash rewards for gold medal winners with Indonesia in second place ($383, 000) followed by Azerbaijan ($255, 000). Even though U.S. winners won’t enjoy a big payday by Singaporean standards, each winner still stands to take home $25, 000. Not a bad day at the office.

Infographic: Some Athletes Are Chasing Huge Gold Medal Bonuses | Statista

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