ATHLETES are handsomely rewarded for winning Olympic medals and the Tokyo Olympics is no exception.
Compared to other nations, Kenya reportedly pays US$10,000 (RM42,374) for gold medalists, US$7,500 for silver, and US$5000 for bronze with teams winning gold medals getting US5,000.
Kenya won eight Olympic medals (3 gold, 3 silver, 2 bronze) at the Tokyo Olympics.
Emmanuel Korir clinched Kenya's first gold medal on August 5 when he won the men's 800m while Peres Jepchirchir won the women’s marathon for Kenya’s third gold. This came hours after Faith Kipyegon successfully defended her gold in the women's 1,500 meters in an Olympic record time of 3:53.11.
Morocco offers gold medal winners about US$225,067, US$140,667 for silver and US$84,400 for bronze while South Africa pays US35,000 for gold, US20,000 for silver and US10,000 for bronze.
The Nigerian government pays gold medallists US15,000, silver medallists US10,000 and bronze medallists US7,500.
Singapore offers gold medal winners at about $1 million Singapore dollars, S$500,000 for silver and S$250,000 for bronze.
According to the United States Olympic & Paralympic Committee (USOPC), American athletes will receive US$37,500 for a gold medal, US$22,500 for silver and US$15,000 for bronze.
The Philippines had the first-ever gold medalist this year when weightlifter Hidilyn Diaz emerged victorious in the women's 55kg category.
As part of the Philippine Sports Commission’s rules, Diaz will receive US$660,000 for her success.
The Canadian Olympic Committee’s Athlete Excellence Fund pays gold medallists C$20,000, silver medalists C$15,000 and bronze medalists C$10,000.
The Australian Olympic Committee pays A$15,000 for gold, A$11,000 for silver and A$7,000 for bronze. - Agencies. August 13, 2021
