How much do Olympic champions get paid?

August 19, 2024

Newly-crowned Olympic champions from Paris 2024 don’t just win bragging rights–national Olympic committees (NOC) or national governments from around the globe reward the achievements of their star athletes with a cash prize. With the expenses that go into being an elite athlete, these funds can go a long way in supporting their athletic endeavours and encouraging further successes in sport. The prize pot isn’t standardized between countries, so how much they earn is highly dependent on the athlete’s nationality.

In Canada, an Olympic gold medallist is rewarded CAD 20,000 through the Canadian Olympic Committee’s Athlete Excellence Fund. The same achievement pays significantly better across the border–Team USA’s NOC offers CAD 47,100 to their champions from Paris 2024. Canadian Running