Is there a bonus for winning an Olympic medal?

Answer by  Kurt (4579)

Olympic athletes that win medals do not receive monetary awards just for winning the medal. They can sometimes turn that experience into an endorsement contract ( like Michael Phelps )

Answer by  Alp (20)

There is no bonus from the Olympic Committee for the medallists , but most of the countries offer cash prizes to the winners.

Answer by  VanM (21)

If you are asking about the International Olympic Committee, I do not believe they provide bonuses to medalists in the games. They provide medals and the opportunity to be in the history books. On the other hand, I believe that countries do provide their athletes with monetary bonuses especially those that win Olympic medals.

Answer by  bo (874)

The bonus for winning an Olympic medal is that you get a lot more exposure. This can lead to advertising deals and sponsorships.