5 Top-Grossing Olympic Athletes


The Olympic Games feature the top athletes in the world across many events. The 2012 Olympic Games feature around 300 events with competitors from over 200 nations. Sports in the Games include basketball, swimming, tennis, cycling, gymnastics and many others. One would assume those who make it to the Olympic Games are high-paid athletes as they're top contenders in their sports. The fact remains, training and competing is an athlete's full-time job but, the majority of athletes only receive small or no incomes at all. Athletes either receive income from playing in professional sports leagues or from sponsors. The International Olympic Committee (IOC) pays Olympic athletes zero dollars for competing in the games. National Olympic Committee's for each country generally do pay medal bonuses. For instance, the U.S. Olympic Committee pays $25,000 for gold, $15,000 for silver and $10,000 for bronze medals. When it comes to Olympic sports, very few athletes make big bucks. Research from the Track & Field Athletes Association found that roughly half of the athletes who ranked top 10 in the U.S. in their events made less than $15,000 a year from the sport. Very few are making millions. Those who do are some of the highest-paid athletes in the world. Check out a few of the top-grossing 2012 Olympic athletes.

Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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