From cash prizes to goats: what rewards do Olympic Medalists win depending on their country?

  • 2 months ago

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Transcript
00:00Winding up on a podium like this is one of the greatest moments at the Olympic Games.
00:06But while it may be honorific, it comes with no cash incentive.
00:10The Olympic Committee doesn't hand out prize funds for bagging a medal, and that's where
00:14home countries get to step in.
00:17For this year's Summer Games, host country France has earmarked 18 million euros in compensation.
00:23Gold medal winners like judo's Teddy Reiner and young swimming sensation Leo Marchand
00:28get an 80,000 euro cash prize.
00:31Coaches and trainers too get financial rewards.
00:35Paris hands out a cash prize of 40,000 for silver medal winners and 20,000 for athletes
00:40who pick up bronze.
00:42The U.S., the country with the most number of medals in the tally so far, is set to pay
00:4638,000 dollars to gold medal winners, 23,000 for silver and 15,000 for bronze.
00:54Athletes from China get no financial compensation from the state.
00:58However, medal winners from Hong Kong who secure gold are set to receive an eye-popping
01:03768,000 dollars.
01:06According to local media, the city's MTR rail provider is set to grant athletes who win
01:11any medal in Paris free transport for life.
01:14Malaysia has indicated its gold medal winners will get a 216,000 dollar financial reward
01:21plus a foreign-made car.
01:23In the aftermath of the last summer games in Tokyo, neighbouring Indonesia handed its
01:28gold medal winners homes, a plot of land and even livestock.

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