The exact salary that comes with a medal at the 2024 Olympic Games is revealed
The cash prizes for Canadian athletes (and athletes from other countries) who win a medal at the Paris 2024 Olympic Games have just been revealed.
It's incredible to see the immense difference between countries.
Thanks to the article by Sarah-Florence Benjamin from the Journal de Montréal, we actually learn how much money Canadian athletes (and those from other countries) will receive if they win a medal at these Olympic Games, which are being held in France.
- Sarah-Florence Benjamin
So, you understand that the amounts awarded to athletes who win a medal are very different from one country to another.
We also quickly realize that our Canadian athletes are not so well rewarded compared to their competitors.
Please note that the following bonuses are based on the current 2024 games, but also on the Tokyo 2021 Summer Olympics.
Here are the cash prizes for our Canadian athletes who will win a medal, compared to those of other countries
Here are some examples.
Gold medal: $20,000
Silver medal: $15,000
Bronze medal: $10,000
FRANCE
Gold medal: $119,837 CAD
Silver medal: $59,918 CAD
Bronze medal: $29,959 CAD
UNITED STATES
Gold medal: $51,667 CAD
Silver medal: $31,000 CAD
Bronze medal: $20,667 CAD
HONG KONG
Gold medal: $1,060,858 CAD
Silver medal: $530,429 CAD
Bronze medal: $265,215 CAD
4th: $132,607 CAD
5th: $66,304 CAD
Here are some others:
Gold medal: $1,028,195 CAD
Silver medal: $514,098 CAD
Bronze medal: $257,049 CAD
UNITED KINGDOM, SWEDEN, AND NORWAY
These countries offer no cash prize to their medalists.
KAZAKHSTAN
Gold medal: $13,110 and a three-room apartment
Silver medal: $8,740 and a two-room apartment
Bronze medal: $4,370 and a one-room apartment
You can find the full report in the Journal de Montreal article (the link is at the bottom of this article), but note that a gold medal brings nearly $300,000 CAD in Malaysia and Morocco.
In Morocco, an athlete who finishes in 25th position still receives $6,979 CAD. (and nearly $30,000 CAD for an 8th position, for example)
In Italy, a gold medalist receives $270,000 CAD.
In short, many countries give well over $100,000 in bonuses to their Olympic medalists, but in Canada, the maximum prize is $20,000 for a gold medal.
Do you believe our Canadian athletes deserve more?
Credit: Journal de Montréal
Voici combien d'argent toucheront les athlètes canadiens (et ceux d'autres pays) qui gagneront une médaille en France
| POLL | ||
JUILLET 29 | 487 ANSWERS The exact salary that comes with a medal at the 2024 Olympic Games is revealed Do you believe Canadian athletes deserve more money? | ||
| Yes | 362 | 74.3 % |
| No | 125 | 25.7 % |
| List of polls | ||
