SI Vault
 
CASH FOR GOLD
L. JON WERTHEIM
July 30, 2012
And often for silver and bronze. Governments, sports federations and/or private entities in many countries are offering money and other rewards to athletes who win medals in London. Some U.S. competitors can win cash bonuses not only from the USOC but also from their sports' federations. Here are some of the medal bounties.
Decrease font Decrease font
Enlarge font Enlarge font
July 30, 2012

Cash For Gold

View CoverRead All Articles
U.S. OLYMPIC COMMITTEE $25,000 $15,000 $10,000
USA WRESTLING $250,000 $50,000 $25,000
USA CYCLING $100,000 $75,000 $50,000
USA SWIMMING $75,000* $30,000 $15,000
USA TRIATHLON $20,000 $10,000 $5,000

And often for silver and bronze. Governments, sports federations and/or private entities in many countries are offering money and other rewards to athletes who win medals in London. Some U.S. competitors can win cash bonuses not only from the USOC but also from their sports' federations. Here are some of the medal bounties.

[This article contains a table. Please see hardcopy of magazine or PDF.]

*plus $50,000 for a world record

The Canadian Olympic Committee's medal bonuses are $20,000, $15,000 and $10,000.

The government and a furniture firm are offering $315,000 to any Malaysian gold medalist.

Tajikistan's largest bank, Orienbank, has promised a luxury car for any medalist.

Azerbaijan's government and Olympic committee promise $760,000 to any gold medalist.

The host nation is setting a purer standard, with no cash incentives to its athletes.

1