Tag Archives: RioOlympics

Do You Know How Olympians Make Money?

While you’re watching the Olympic games this year, you’re no doubt thinking of all the hard work those athletes have put in to get where they are. “It must be a full-time job to train for the Olympics” you’d say, and you’d be right. Olympic athletes train almost as many hours in a day as you or I spend at our jobs. The unfortunate difference is that the Olympics doesn’t pay. Sure, winning a gold medal will get you $25,000, but that’s not nearly enough to cover the cost of living, let alone training. Also, most athletes don’t achieve gold anyway. The only way Olympians make money off of their Olympic exploits is when they win gold and then get an endorsement deal. So, how do the other ones make the scratch necessary to pay keep the lights on while they train? You may be surprised to learn that on…
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