Do olympians get paid for medals yahoo

Do olympians get paid for medals yahoo

Author: ArturBer Date: 07.07.2017

The Summer Olympic Games kick off Friday, August 5 in Rio de Janeiro amid reports of poor sanitation clogging the water, massive police strikes and the threatening Zika virus, as well as disqualification of numerous Russian athletes.

But enough about all the problems plaguing the Olympics — let's talk about what really matters: We all know Olympians obviously receive a medal if they finish in first, second or third place, but do coaches also receive medals at the Olympics?

Rio Olympics Do American Olympians Pay Taxes on Their Medals? - Thrillist

The answer may surprise you. Although they coach their athletes for hours each day, Olympic coaches do not receive medals from the International Olympic Committee — not even if their athlete or team clinches the coveted gold. It seems coaches only get bragging rights, and can add to their resume that they've coached winning Olympians. But according to Yahoo! Sports, Olympic coaches have been given medals for special achievements. In , the coach of the USA men's hockey team, Herb Brooks, was gifted a gold medal from Olympic organizers.

What do different countries pay Olympians?

Brooks' coached the famous "Miracle on Ice" team, which beat the Soviet Union in the medal round; it was the first time in Olympic history that the USA defeated the Soviet Union in hockey. The USA men's team went on to win the gold medal, while the Soviet Union took silver.

Still, moments like those are rare. So, what do Olympic coaches get, if not medals?

They must receive some big money from the IOC, right? According to Business Insider , the IOC pays Olympic coaches zero dollars.

That's right — nothing. Athletes don't receive anything either, though some countries, including the United States, provide athletes with a so-called medal bonus.

In some cases, Olympic committees may give these bonuses to the coaches. For example, the Canadian Olympic Committee paid coaches a bonus if their athletes received a medal.

That trend has yet to catch on in America, even though U. Maybe one day Olympic coaches will receive more appreciation than some applause outside of the spotlight.

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do olympians get paid for medals yahoo

The Rio Olympics Coaches Might Come Home Empty Handed. LONDON, ENGLAND - AUGUST Gabrielle Douglas of the United States celebrates winning the gold medal with coach Liang Chow and team coordinator Martha Karolyi after the Artistic Gymnastics Women's Individual All-Around final on Day 6 of the London Olympic Games at North Greenwich Arena on August 2, in London, England.

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