Right here’s just how much professional athletes at the Paris Olympics make for winning medals

The Paris 2024 Olympics is well in progress, with dozens of medals already handed out.

Besides a medal, a packed plaything of the Olympics mascot and a “mysterious” box containing the official event poster, some champions obtain extra economic incentives for their initiatives.

While the International Olympic Board does not break down cash prize for winning medals, numerous nations do compensate their professional athletes with medal benefits.

Below are a few of the payments, based upon details assembled by CNBC from nationwide Olympic boards, sporting activities organizations and regional records.

Cash incentives for Hong Kong athletes completing in Paris leapt 20% from the Tokyo Summer Season Olympics. Gold champions will certainly obtain 6 million Hong Kong bucks ($ 768,000), Hong Kong’s Principal Assistant for Management Chan Kwok-ki revealed very early July. Silver and bronze medalists stand to make HK$ 3 million and HK$ 1.5 million specifically.

This year, the city is slated for substantial pay as a result of a very early plant of medals in swimming and fence. Vivian Kong won Hong Kong’s first medal at the Paris Gamings, covering the platform in the ladies’s epee specific occasion. Other fencer Cheung Ka-long likewise won gold in the men’s individual foil occasion, while swimmer Siobhan Bernadette Haughey got a bronze medal in the women’s 200-meter freestyle.

Singapore provides Olympic champions 1 million Singapore dollars ($ 745,300) for gold, SG$ 500,000 for silver and SG$ 250,000 for bronze. The city-state has actually just given the leading money perk to one professional athlete: Joseph Education. The currently retired swimmer beat the USA’ Michael Phelps in the 100-meter butterfly at the Rio Olympics in 2016 to win gold.

Other federal governments hanging six-figure money incentives for their gold champions consist of Israel, Malaysia, Kazakhstan and Indonesia. Israel is reportedly offering a million Israeli shekels ($ 270,537) for a gold medal, noting a 50% dive from what was provided for the Tokyo Gamings.

Host country France has actually likewise supposedly bumped up its money motivations. Gold champions are slated to obtain 80,000 euros ($ 86,528) â $ ” 15,000 euros greater than what it provided at the Tokyo Olympics.

Some expand incentives to professional athletes beyond the platform locations. Germany’s Sports Aid Foundation administers prize money as much as 8th area finishers at the Olympic Gamings. Gold champions obtain 20,000 euros ($ 22,000).

India’s Olympic athletes receive monetary rewards from both the federal government and its nationwide sporting activities body, according to regional media. The federal government provide gold champions 7.5 million rupees ($ 90,000) while the Indian Olympic Organization individually provides 10 million rupees ($ 120,000).

Kazakhstan’s Olympic professional athletes supposedly can earn $250,000 for a gold medal, $150,000 for silver and $75,000 for bronze. The state likewise administers apartments to medalists.

Regional media record Malaysia’s National Sports Council offers a reward of one million ringgit ($ 215,563) for specific gold champions, while silver medalists are anticipated to obtain 300,000 ringgit and bronze champions will certainly be awarded 100,000 ringgit. Some private companies in Malaysia supposedly provided various other motivations, such as luxury-serviced apartments or additional cash.

All professional athletes that handle to protect a platform surface will certainly likewise be given a “foreign-made car,” according to a neighborhood media record of statements from Malaysia’s Young people and Sports Priest Hannah Yeoh.

South Korean champions are granted pension plans along with the cash prize.

In addition to a 63 million Korean won windfall ($ 43,288), regional media record South Korea’s gold champions are likewise offered the alternative of either a long-lasting regular monthly pension plan of a million won, or a round figure of 67.2 million won.

A silver champion makes 35 million won, and a bronze champion obtains 25 million won.

Some professional athletes can likewise obtain various other presents like complimentary beverages and transport.

Hong Kong public transportation driver MTR Corporation will certainly provide complimentary life time tickets to the city’s champions, according to local media reports.

Besides 200,000 Polish zloty ($50,374) from the Gloss Olympic Board, Klaudia ZwoliÅ ska is likewise supposedly positioned to obtain a paint, a vacation coupon, a scholarship and a ruby for declaring silver in the ladies’s canoe slalom K1 competitors.

Olympians have actually commonly been talented unusual symbols of admiration.

A regional chain vowed that professional athletes that stood for Malaysia at the Tokyo Gamings would certainly obtain free food and teh tarik for life, according to regional media. Teh tarik is a warm milk tea drink that is prominent throughout Southeast Asia.

Japanese table tennis player Kasumi Ishikawa was talented 100 bags of rice after winning a silver medal at the Tokyo Gamings. Indonesian tennis gold champions Apriyani Rahayu and Greysia Polii were supposedly bequeathed five cows, a meatball restaurant and a new house.

Professional athletes from Wonderful Britain, Norway and a handful of various other nations do not obtain any kind of straight money perk for positioning on the platform.

Disclosure: CNBC moms and dad NBCUniversal possesses NBC Sports and NBC Olympics. NBC Olympics is the united state program civil liberties owner to all Summertime and Winter Season Gamings with 2032.