VidER Posted September 21, 2004 Share Posted September 21, 2004 Hi All.. I have hearted in the news that the Egyptian Wrestler who got the golden medal in Athens 2004 received around $500,000 as a reward from the government for his achievement.. And out of curiosity I would like to know what is the reward in other parts of the world? So do you have any idea how much did the Olympic champions in your country or any other country in the world got? VidER Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/ Share on other sites More sharing options...
insanekiwi Posted September 21, 2004 Share Posted September 21, 2004 dunno. i guess alot of winners get contracts with leading sports clothing companies to make millions of $$. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584597948 Share on other sites More sharing options...
Deaf Spacker Posted September 21, 2004 Share Posted September 21, 2004 Its very doubtful that any medal holder in Team GB get paid any sort of money by the Government, if they are good then as insanekiwi said there is the prospect of product endorsments and contracts that could net them millions. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584599498 Share on other sites More sharing options...
xxpor Posted September 21, 2004 Share Posted September 21, 2004 Nothing in the us most of the time Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584599741 Share on other sites More sharing options...
Another_Paul Posted September 21, 2004 Share Posted September 21, 2004 Hi All..I have hearted in the news that the Egyptian Wrestler who got the golden medal in Athens 2004 received around $500,000 as a reward from the government for his achievement.. And out of curiosity I would like to know what is the reward in other parts of the world? So do you have any idea how much did the Olympic champions in your country or any other country in the world got? VidER Cool! I guess it was worth his training :) Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584599782 Share on other sites More sharing options...
oldmate15 Posted September 21, 2004 Share Posted September 21, 2004 Nothing in Australia. Just a celebrity status. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584599805 Share on other sites More sharing options...
VidER Posted September 21, 2004 Author Share Posted September 21, 2004 in the UAE the guy who won the Golden Medal got a street named after him! VidER Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584600125 Share on other sites More sharing options...
allfive6 Posted September 21, 2004 Share Posted September 21, 2004 Depends on the sport the Medal was won in. But something like track and fields 100 A gold medal there well get you a BIG shoe deal from someone probly Nike. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584600159 Share on other sites More sharing options...
Rockwell Posted September 21, 2004 Share Posted September 21, 2004 Depends on the sport the Medal was won in. But something like track and fields 100 A gold medal there well get you a BIG shoe deal from someone probly Nike. true, companies pay the athletes to do advertisements with a new shoe or their product. ie: Micheal Johnson + Nike Micheal Phelps + Speedo(or TYR) etc. etc. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584600501 Share on other sites More sharing options...
ootput Posted September 21, 2004 Share Posted September 21, 2004 Nothing in Australia. Just a celebrity status. The 'Oarsome' Foursome endorses Golden Valley Fruit Products, don't they? I remember seeing Ian Thorpe promoting Speedo quite a while ago. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584600521 Share on other sites More sharing options...
KzR Posted September 22, 2004 Share Posted September 22, 2004 An Olympic gold medalist is treated as a god here in Singapore. The government gives the medalist S$1 million for it. But too bad Singapore hasn't gotten a gold medal in its entire history. The best result was a silver medal won by a weightlifter few decades back. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584603568 Share on other sites More sharing options...
Ayepecks Posted September 23, 2004 Share Posted September 23, 2004 Nothing in the us most of the time Not true... I read somewhere about how much the comittee pays gold medal winners... can't remember how much, but I remember it was something. I don't think it was a lot, though... I want to say $5,000 or something. Then there's the endorsement deals, but I don't count those. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584607427 Share on other sites More sharing options...
blueshirt Posted September 23, 2004 Share Posted September 23, 2004 You become a celebrity and have some product endorsements. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584607435 Share on other sites More sharing options...
offroadaaron Posted September 23, 2004 Share Posted September 23, 2004 true, companies pay the athletes to do advertisements with a new shoe or their product.ie: Micheal Johnson + Nike Micheal Phelps + Speedo(or TYR) etc. etc. u could say magic johnson but uuummm how about michael jordan?? didnt nike air come from his air time?? Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584608424 Share on other sites More sharing options...
KzR Posted September 23, 2004 Share Posted September 23, 2004 u could say magic johnson but uuummm how about michael jordan?? didnt nike air come from his air time?? I don't think Michael Jordan clinched his Nike deal because of his basketball Olympic gold medal. Rather I think it's because of his superb performance in the NBA. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584608729 Share on other sites More sharing options...
xxpor Posted September 23, 2004 Share Posted September 23, 2004 Not true... I read somewhere about how much the comittee pays gold medal winners... can't remember how much, but I remember it was something. I don't think it was a lot, though... I want to say $5,000 or something.Then there's the endorsement deals, but I don't count those. OMG w00t t3h 5000$!!!!!!!!!!!!!!!!!!!!!!!!!!!11111111111111111111111111111111one ^thats my point, almost nothing, and i dotn think he means monaterally Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584612764 Share on other sites More sharing options...
KzR Posted September 24, 2004 Share Posted September 24, 2004 $5000 is peanuts to a sportsman who earns millions of dollars by endorsing products. Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584613037 Share on other sites More sharing options...
Ayepecks Posted September 24, 2004 Share Posted September 24, 2004 OMG w00t t3h 5000$!!!!!!!!!!!!!!!!!!!!!!!!!!!11111111111111111111111111111111one^thats my point, almost nothing, and i dotn think he means monaterally You should have said close to nothing, then ;) I just checked, it's actually $35,000. Far from nothing. I knew it had a 5 somewhere in it. :laugh: Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584613434 Share on other sites More sharing options...
Liverpoolfc Posted September 24, 2004 Share Posted September 24, 2004 The 'Oarsome' Foursome endorses Golden Valley Fruit Products, don't they?I remember seeing Ian Thorpe promoting Speedo quite a while ago. Correct, Thorpe is making tons now from all sorts of endorsements and investments now Back to the topic... Depedning on the event, and who won the medal it differs a lot. Like the last winter Olympics. Australia got 2 gold medals (never got any gold before) and both ended up makin a bit out of endorsements, especially our women's aerial ski jumper Alyssa Camplin (think i spelt it right). She's still doing ads now and it all started from the Winter Olympics. But, if Grant Hackett were to win a gold in the 1500m freestyle it isn't a big deal really. Hasn't lost in the event since '97 I think Link to comment https://www.neowin.net/forum/topic/220652-how-much-does-an-olympic-gold-worth-in-ur-country/#findComment-584614305 Share on other sites More sharing options...
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