. There are equipment costs, coaching costs, training costs, medical costs and more, leaving athletes to scrounge for cash from sponsors and grants. But the select few who are able to scale the podium—339 sets of medals are set to be awarded at the Tokyo Games, across 33 sports—may find that their countries are willing to make it all worth their while.
The U.S., for instance, is awarding $37,500 for each gold medal an athlete earns in Tokyo, plus $22,500 for silver and $15,000 for bronze, on top of the grants and benefits like health insurance that it makes more widely available. Those figures are up from $25,000, $15,000 and $10,000 at the 2016 Rio Olympics.
Singapore offers the highest known payout for an individual gold medalist at 1 million Singapore dollars, plus rewards of 500,000 for silver medalists and 250,000 for bronze medalists. As of Friday night, Singapore was not among the 70 countries that had scored a medal at these Games, but it could contend in the women’s team table tennis event next week.
Taiwan—or Chinese Taipei, as it is known at the Olympics—is already on the hook for one big payment this year: Weightlifter Kuo Hsing-chun set Olympic records in the women’s under-59-kilogram division to claim gold. The rewards actually trickle down below the podium spots, with Olympic athletes who finish seventh or eighth in their events still claimingIndonesia's Aflah Prawira competing in a heat for the men's 1,500m freestyle on July 30.
Indonesia paid out 5 billion rupiah to its 2016 gold medalists—the mixed doubles badminton team of Tontowi Ahmad and Liliyana Natsir—and an official
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