Singapore swimmer gets $753,000 for winning One Gold Medal

[DrLeftover]

(quoted from UPI)
With one win, Singapore swimmer out-earned Michael Phelps, Katie Ledecky combined

RIO DE JANEIRO, Aug. 13 (UPI) -- No athlete from Singapore had ever won a gold medal before Joseph Schooling beat Michael Phelps Friday in the 100-meter butterfly.

Phelps and fellow American swimmer Katie Ledecky cashed in $200,000 for winning eight gold medals. The duo also combined for $30,000 for its two silver medals.

Schooling scored $753,000 by beating Phelps in one swim.

Kazakhstan's Nijat Rahimov and Dmitriy Bradley will take home a combined $460,000 from two gold medals.

According to Yahoo Sports, Singapore leads all countries in money awarded for gold medal winners.

Singapore gives $753,000 per gold medal to its athletes. Indonesia gives athletes $383,000 for each top prize. Azerbaijan gives athletes $255,000 for a gold medal. Kazakhstan's gold medal winners receive $230,000. Italy gives athletes $185,000, France gives $66,000, Russia gives $61,000, and South Africa gives its stars $36,000 for each gold medal.

The United States ranks No. 9 on that list.
(end quote)
http://www.upi.com/Sports_News/2016...Photos-from-Day-8/3421471105034/?spt=hts&or=1



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[Webster]

*shrugs* Hey, if they want to shell out that much money for one gold, more power to them.

 

[APS]

I can remember when the Olympics was for Amateur Athletes.

 

[Webster]

I can remember when the Olympics was for Amateur Athletes.

Countries have been doing this for years, @APS ...as long as they maintain the "veneer" of amateurism, the IOC apparently has no problem with it...