Aussie Olympic medalists can get up to $20,000, but there’s a catch |

Subscribe and turn on notifications🔔 : buff.ly/3F6ZiLt | Aussie athletes who end up on the podium at the Olympic Games will receive between $10,000 and $20,000 depending on the medal, but there’s a catch.
The Australian Olympic Committee (AOC) stresses the money isn’t a “reward” per se, but is “designed to incentivise the best athletes to stay in their sport and represent Australia at future Olympic Games.”
The AOC gives athletes $20,000 for gold, $15,000 for silver and $10,000 for bronze.
With some athletes winning multiple medals, you’d think they would be raking in the cash, but sadly that’s not the case.
The AOC said “An athlete can only receive one payment, their best result… In other words, multiple golds over the year do not entitle another gold payment and a silver and a bronze performance only entitles one silver payment, a ‘silver’ achievement being the higher.”
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[@mr.ligertiger]

it’s not a reward, just something they want in order to get them to repeat an action 😭

[@XNAGP]

Still its so low, country like Indonesia for example gave their Gold medalist 382k USD, Singapore and Hongkong ±700k USD.