Tuesday, August 9, 2016

Singapore Offers US$753, 000 To Every Rio Olympics Gold Medal Winner

 Sprinter Timothee Yap: ‘I want to write my name in Singapore’s history books’

Some Athletes Are Chasing Huge Gold Medal Bonuses 

~ By Niall McCarthy, Aug 9, 2016.

The glory of winning a gold medal is a massive incentive for athletes competing in Rio but the impressive bonuses on offer add another more lucrative dimension to the games. The size of the bonus on offer varies hugely by country. For example, British athletes do not receive bonus for winning a gold medal whereas American competitors get $25,000 for every gold they take home.

Successful athletes from Singapore are awarded a prize of $1 million Singapore dollars, not a bad day at the office at all. Indonesia offers its successful Olympians around $380,000, according to Fox Sports Australia. The following infographic provides an overview of the biggest estimated cash rewards for gold medal winners in Rio (the values were converted from Australian to U.S. dollars).


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