American Olympians who earn gold in a competition receive $25,000. A silver medal winner gets $15,000, and a bronze medalist is paid $10,000. These earnings are paid by the United States Olympic Committee.Continue Reading
If the athlete performs exceptionally well, she may be offered endorsement opportunities from a multitude of companies. Multi-medal athletes are more likely to be approached with endorsement deals. For people like Shaun White, these endorsement contracts can earn an Olympian millions of dollars.
Athletes who are not offered these contracts often work regular jobs while trying to train for their next competition. This sometimes means that the athletes miss hours at work because they must train. However, the United States Olympic Committee works with staffing agencies to try to find athletes flexible jobs that allow them to take time off to train.Learn more about Salaries