Here's how much Olympic golf gold medalists could be paid by their country
Olympic Golf

Here’s how much Olympic golf gold medalists could be paid by their country

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While neither the men's nor the women's Olympic golf tournaments offer a purse, the 120 combined players could earn a lot of money from their home countries for winning a gold, silver or bronze medal in Rio de Janeiro.

Here's a look at how much select countries pay their Olympic gold medalists:

  • United States: Americans earn $25,000 per gold medal, while the U.S. Olympic Committee pays $15,000 for silver medals and $10,000 for bronze. Then the medalists have to pay taxes on said money.
  • Great Britain: The British crown doesn't pay their gold medalists any money. However, they do get their face on a stamp, which is nice.
  • South Africa: A gold medalist earns approximately $36,000.
  • China: A gold medalists earns approximately $31,500.
  • Canada: A gold medalist earns approximately $15,000.
  • Australia: A gold medalist earns approximately $15,000.
  • Thailand: A gold medalist reportedly receives 10 million baht for a gold medal, which is approximately $288,000. A silver medalist gets 6 million baht, or approximately $173,000. It's all paid out over 20 years.
  • South Korea: A gold medalist receives 60 million won, or about $54,000, while silver medalists earn 30 million won (approximately $27,000) and bronze medalists win 18 million won (approximately $16,000). Male gold medalists are also exemption from otherwise required two-year military conscription.
  • Germany: A gold medalist is paid approximately $25,000.
  • Norway: A Norwegian gold medalist isn't paid for their victory.
  • Sweden: A Swedish gold medalist isn't paid for their victory.

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