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Thread: How do Olympic athletes pay the electric bill?

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    How do Olympic athletes pay the electric bill?

    An interesting article about how the non-famous Olympians manage to make a living. Most barely scrape by and, in addition to the hours spent in practice, do whatever they can to pay the rent. Remember, Olympians do not receive a penny of state or federal money.


    But most who do make it to Pyeongchang receive very little funding, and most donít make a lot of money off their sport outside of the Olympics, either. For example, two-time Olympic javelin thrower Cyrus Hostetler recently told The Washington Post that the most heís ever earned in a year is $3,000.


    More @ https://theconversation.com/how-do-olympic-athletes-pay-the-electric-bill-63157?utm_medium=email&utm_campaign=Latest%20from% 20The%20Conversation%20for%20February%209%202018%2 0-%2094368079&utm_content=Latest%20from%20The%20Conv ersation%20for%20February%209
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    Yup, if they aren't in a professional sport, some of them live pretty close to the poverty line in order to compete. Even though there will still be pros competing, that's why I'm kind of looking forward to hockey without the NHL players. The medals could be very interesting.

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    $3K a year throwing a javelin is $3K too much.

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    Quote Originally Posted by Rory View Post
    $3K a year throwing a javelin is $3K too much.
    Even if they bring home a gold medal? When you look at the medal count do you really care what sports they were won in?

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    Quote Originally Posted by TPP View Post
    Even if they bring home a gold medal? When you look at the medal count do you really care what sports they were won in?
    I don't watch the Olympics. They are little more than infomercials for MSNBC and its sponsors. It doesn't matter if spearchucker wins a medal in anything just as long as the viewers get to see the logos and product placements.

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    Quote Originally Posted by Rory View Post
    $3K a year throwing a javelin is $3K too much.
    How bout the javelin catcher, what is reasonable compensation for him?

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    I mean how much is it worth to slide a big rock across a frozen pond?.....Iím sorry but I tried to watch curling last night and it is about the dumbest ďsportĒ Iíve ever witnessed.Watching paint dry is more stimulating.
    Last edited by East of the Beast; 02-13-2018 at 05:38 AM.
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    Quote Originally Posted by JMWinPR View Post
    How bout the javelin catcher, what is reasonable compensation for him?
    NBC paid almost a billion dollars just to air the olympics. Perhaps they should put their minstrels on salary.

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    How Much Money Do Olympic Athletes Make for a Medal?

    Tom GerencerAug 21, 2016


    Olympic medal money varies by country but in the U.S. athletes make $25K for gold, $15K for silver and $10K for bronze, plus millions in endorsements. The endorsements however only come to the cream of the Olympic crop, with athletes like phenom Michael Phelps scoring the most medals ever and the most endorsement deal riches. Some countries like Azerbaijan will pay $510,000 for a gold (they’ve never had to break the seal on that) while others like Italy can and do pay $180,000 for a gold. The tables below show the breakdown. As of 8/24/16, USA athletes earned $2.08 million in 2016 Olympic money.

    With much more @ How Much Money Do Olympic Athletes Make for a Medal? - Money Nation
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    The advertising revenue from an Olympic Gold is said to be in excess of $1,000,000.00.

    Shaun White's net worth is FORTY MILLION DOLLARS! From Gold in 2010.

    Michael Phelps $55 million.
    Last edited by Dan40; 02-14-2018 at 08:49 PM.
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