hckošice 13,128 Posted August 12, 2021 #41 Share Posted August 12, 2021 If anyone interested here the official approved final remuneration for performances of Slovak representatives in Tokyo 2020 Prices are in EURO obviously, 1. PLACE (GOLD) ZUZANA REHÁK ŠTEFEČEKOVÁ, Shooting – W Trap 50 000 2. PLACE (SILVER) JAKUB GRIGAR, Canoe Slalom – M K1 40 000 2. PLACE (SILVER) RORY SABBATINI, Golf - M 40 000 3. PLACE SAMUEL BALÁŽ, DENIS MYŠÁK, ERIK VLČEK, ADAM BOTEK, Canoeing Sprint – K4-500m 97 500 (Divided by 4 so 24 375 each) 4. Place ZUZANA REHÁK ŠTEFEČEKOVÁ, ERIK VARGA, Shooting – Mixed Trap 35 000 (Divided by 2 so 17 500 each) 6. Place MATEJ BEŇUŠ, Canoeing Salslom – M C1 10 000 7. Place PATRIK JÁNY, Shooting M 10 m Air Rifle 8 000 8. Place JANA ŠPOTÁKOVÁ, MARIÁN KOVAČÓCY – Mixed Trap 10 500 (Divided by 2 so 5 250 each) So, The total amount of rewards for successful Olympians is 291,000 euros, with 50 percent of this amount being paid by the Slovak NOC (SOŠV) and 50 percent through the Ministry of Education, Science, Research and Sports of Slova Republic (MŠVVŠ SR) by the state. In addition, the rewards for the team staff of successful athletes are a maximum of 33 percent of the athletes' rewards which will be divided between the supoort team. For multi-member teams, the amount is calculated from the basic amount per individual, without adding counts for another member. Link to comment Share on other sites More sharing options...
OlympicsFan 776 Posted August 12, 2021 #42 Share Posted August 12, 2021 52 minutes ago, hckošice said: If anyone interested here the official approved final remuneration for performances of Slovak representatives in Tokyo 2020 Prices are in EURO obviously, 1. PLACE (GOLD) ZUZANA REHÁK ŠTEFEČEKOVÁ, Shooting – W Trap 50 000 2. PLACE (SILVER) JAKUB GRIGAR, Canoe Slalom – M K1 40 000 2. PLACE (SILVER) RORY SABBATINI, Golf - M 40 000 3. PLACE SAMUEL BALÁŽ, DENIS MYŠÁK, ERIK VLČEK, ADAM BOTEK, Canoeing Sprint – K4-500m 97 500 (Divided by 4 so 24 375 each) 4. Place ZUZANA REHÁK ŠTEFEČEKOVÁ, ERIK VARGA, Shooting – Mixed Trap 35 000 (Divided by 2 so 17 500 each) 6. Place MATEJ BEŇUŠ, Canoeing Salslom – M C1 10 000 7. Place PATRIK JÁNY, Shooting M 10 m Air Rifle 8 000 8. Place JANA ŠPOTÁKOVÁ, MARIÁN KOVAČÓCY – Mixed Trap 10 500 (Divided by 2 so 5 250 each) So, The total amount of rewards for successful Olympians is 291,000 euros, with 50 percent of this amount being paid by the Slovak NOC (SOŠV) and 50 percent through the Ministry of Education, Science, Research and Sports of Slova Republic (MŠVVŠ SR) by the state. In addition, the rewards for the team staff of successful athletes are a maximum of 33 percent of the athletes' rewards which will be divided between the supoort team. For multi-member teams, the amount is calculated from the basic amount per individual, without adding counts for another member. 1) Slovakia must be really rich (although not as rich as Italy) to pay more for bronze than Germany pays for gold. 2) So an 8th place pays more than a 6th place? 3) I don't like the dividing of the prize money, but i guess otherwise it would be too expensive. Personally i am not a fan of having the same prize money structure for all sports. I would like to see what would happen (experiment) if a nation would for example try something like the following: Athletics: Athlete gets full prize money (and can decide if he wants to have it paid out in full or have it as a monthly payment) (for example 200k for gold) Swimming: Athlete gets half the prize money and the other half goes to the coach Rowing: Athlete gets 1/3 of the prize money, coach gets 1/3 of the prize money, club gets 1/3 of the prize money Cycling: Athlete gets 1/2 of the prize money and federation gets 1/2 of the prize money And so on ... It would be interesting to see which prize money structure would produce the best results. Attachment is the great fabricator of illusions; reality can be obtained only by someone who is detached. Link to comment Share on other sites More sharing options...
Gianlu33 3,546 Posted August 12, 2021 #43 Share Posted August 12, 2021 Italian National Olympic Comitee decided to pay only the medallist: Gold: 180.000 euro, 30k more than Rio Silver: 90.000 euro, 15k more than Rio Bronze: 60.000 euro, 10k more than Rio dcro 1 Link to comment Share on other sites More sharing options...
Dunadan 1,103 Posted August 12, 2021 #44 Share Posted August 12, 2021 Before taxes. Link to comment Share on other sites More sharing options...
vinipereira 3,037 Posted August 12, 2021 #45 Share Posted August 12, 2021 Gold: R$ 250.000 (~US$ 50.000) Silver: R$ 150.000 (~US$ 30.000) Bronze: R$ 100.000 (~US$ 20.000) For pairs (Sailing and Tennis) it's the same (each gets the money of an individual medal). For teams it was R$ 750.000 (~US$ 150.000) for Football (gold) and R$ 450.000 (~US$ 150.000) for Volleyball (silver), which it's really not a lot when divided by all the players. Of course Rebeca Andrade was the brazilian athlete with biggest prize (R$ 400.000 or ~US$ 80.000). Link to comment Share on other sites More sharing options...
Federer91 2,113 Posted August 12, 2021 #46 Share Posted August 12, 2021 I think i have mentioned it before, that we are deservedly generous to our Olympic medalists. Sums approved already in 2019: GOLD - 250 000 leva = 128 000 Euro SILVER - 200 000 leva = 102 250 Euro BRONZE - 150 000 leva = 77 000 Euro There is a special formula for Team medals - 70% of the team gets 90% of the reward, while the other 30% get up to 50%. Don't know, if they are really using this, because our 5 gymnasts will get all 90% Rhythmic Gymnastics Group - 5 girls - 1 125 000 leva = 575 000 Euro (each girl gets 225 000 leva = 115 000 Euro) The reserve girls, that didn't compete will also get a reward, by decision of our gymnastics federation. 4th place - 40 000 leva = 20 450 Euro 5th place - 30 000 leva = 15 300 Euro 6th place - 20 000 leva = 10 200 Euro 7th place - 15 000 leva = 7 700 Euro 8th place - 10 000 leva = 5 100 Euro But this is not all. Like i have said (and some of you probably didn't believe me ) each Olympic medalist gets a monthly lifetime pension after their sporting career is over: Gold medalist - 3x of the current minimal wage salary in the country; Silver medalist - 90% of the 3x minimal wage salary; Bronze medalist - 80% of the 3x minimal wage salary. The Olympic pension is independent from any other salary the person can have after their sporting career, or their regular pension for old age. Link to comment Share on other sites More sharing options...
Vektor 3,177 Posted August 12, 2021 #47 Share Posted August 12, 2021 payments for Top8 placements 1st - 50 000 000 HUF = 141 000 EUR 2nd - 35 700 000 HUF = 101 000 EUR 3rd - 28 500 000 HUF = 80 700 EUR 4th - 21 500 000 HUF = 60 900 EUR 5th - 14 300 000 HUF = 40 500 EUR 6th - 11 400 000 HUF = 32 300 EUR 7th - 5 700 000 HUF = 16 100 EUR 8th - 2 800 000 HUF = 7 900 EUR The sum of all the money earned by Hungarian athletes via Olympic placements in Tokyo: 2 390 000 000 HUF = 6 772 954 EUR Link to comment Share on other sites More sharing options...
MHSN 3,047 Posted August 12, 2021 #48 Share Posted August 12, 2021 here our NOC paid a small prize money the same day, few hours after the competition Gold - 10,000 Euro Silver - 5,000 Euro Bronze - 3,500 Euro but the sport ministry later will pay something like this Gold - 20,000,000 Rials = 66,000 Euro Silver - 12,500,000 Rials = 41,000 Euro Bronze - 7,500,000 Rials = 25,000 Euro BUT medalists always receive some prize money from their own province officials too. for example our gold medalist from "Shiraz" in wrestling will receive an extra 30,000 Euro. but I don't know about other provinces. I just know athletes from Tehran usually receive nothing more. Link to comment Share on other sites More sharing options...
heywoodu 13,499 Posted September 21, 2021 #49 Share Posted September 21, 2021 Belgium Individual gold medal = €50.000 Individual silver medal = €30.000 Individual bronze medal = €20.000 4th place = €10.000 5th-8th place = €5.000 Team gold medal = €12.500 per athlete Team silver medal = €7.500 per athlete Team bronze medal = €5.000 per athlete Team 4th place = €2.500 per athlete plus fake tournament travel costs Team 5th-8th place = €1.250 per athlete Coaches get a maximum of 25 percent of what their athletes get. When this was announced, it was '90 percent sure' the prize money would be tax free. Netherlands Individual gold medal = €30.000 Individual silver medal = €22.500 Individual bronze medal = €15.000 As for team medals, there is a formula to decide how much every athlete gets: basically the prize money for the equivalent individual result multiplied by the root of the number of participants in the team...the result of that calculation is then divided by the number of participants. An example is the men's fours in rowing, who won gold and will each receive €15.000 per athlete. In large teams, like field hockey, there is a minimum prize to avoid this formula leading to too small prizes. The minimum is €11.000 per athlete for gold, €8.000 for silver and €5.000 for bronze. And it's the Netherlands, so we gotta keep it as cheap as possible. Medals are not accumulated normally, a second medal leads to another formula: two thirds of the money it would be worth in case it was someone's first medal. A third medal is worth one third of the first medal's worth. For example three golds doesn't mean three times 30k, it means 30k plus 20k plus 10k = 60k. And, again, it's the Netherlands: it is specifically mentioned that the prize money is definitely not tax free. So probably around half of it goes out the window immediately. Which is so goddamn annoying, just pay out more and let whatever remains after tax be the official number, so nobody gets 'cheated'. If you'd like to help our fellow Totallympics member Bruna Moura get to the 2026 Winter Olympics, after her car crash on the way to the 2022 Olympics, every tiny bit of help would be greatly appreciated! Full story and how to help can be found here! Link to comment Share on other sites More sharing options...
Griff88 1,729 Posted September 21, 2021 #50 Share Posted September 21, 2021 45 minutes ago, heywoodu said: Belgium Individual gold medal = €50.000 Individual silver medal = €30.000 Individual bronze medal = €20.000 4th place = €10.000 5th-8th place = €5.000 Wow just showing up at the Olympics for Indonesia worth more than being a 8th placed Belgian heywoodu 1 Link to comment Share on other sites More sharing options...
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