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Old 08-21-2008, 07:07 PM   #1 (permalink)
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Olympic payout (Money)

I just saw on NBC some of the payouts from various countries, ah man in india get 23,000 for bronze, in the U.S they said getting a gold medal in the olympics you receive $25,000 - silver $15,000, bronze $10,000 this is per medal. they said Michael phelps were making 5 mil last year but with this accomplishment he would be making anywhere from $30-34 mil a year, is these figures mostly endorsements? anyone saw this on NBC?

Man I think I ready for de next Olympic in London.
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Old 08-22-2008, 10:29 AM   #2 (permalink)
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Originally Posted by notorious saga View Post
I just saw on NBC some of the payouts from various countries, ah man in india get 23,000 for bronze, in the U.S they said getting a gold medal in the olympics you receive $25,000 - silver $15,000, bronze $10,000 this is per medal. they said Michael phelps were making 5 mil last year but with this accomplishment he would be making anywhere from $30-34 mil a year, is these figures mostly endorsements? anyone saw this on NBC?

Man I think I ready for de next Olympic in London.
Phelps 5 mil is from endoresments. they projecting he will get a lot more to bring him to 30-40 mil a yr.

the other money might just be a one time bonus paid to the athlete per medal.
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