How much is an Olympic Gold Medal worth? | Strangest Moments
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- Опубліковано 4 тра 2018
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The issue of professionals and amateurs has been at the core of the modern Olympic Games since 1896. Here's how it has worked out.
The most unusual moments from Olympic history are investigated once again to reveal the stranger side of the five rings: bit.do/StMENG
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Alright then, since the title is a bit misleading I googled it. Based on the recent 2018 PyeongChang Olympics, the (mixed) metal of the gold medal is worth $572, silver for $320, and bronze for $3.50 (it's a copper alloy). Medal design changes every Olympics so worth does change. Of course if you auction it off, you'll fetch a higher price (sometimes as much as $20k+). Not to mention your home country can award you money if you win (US gave out $37.5 k for a gold). So there, the answer is $572.
Good info
Thank You thats all I wanted to know
Do think ,there may not be rule like " you cant sell this medal"
🤫
Come on they may be allowed kept it but not sell it!
Unless it will become so bad image... besides they have literaly compete to a level where they can actually die...so that means they are not going to sell it even if they die of hunger....all i want say is medal are symbols of confidence ,do you think someone can live with feeling selling Olympic medal?
- Nopes!
@@Mcthindi future generations could sell it. Don't forget endorsement money from sporting brands. American Basketball player should not earn a cent at the Olympics. They make enough money already.
In India if you win gold medal, you get more than $1 million
The higher you place the more sponsors you get, the more sponsors you get the higher you're paid. Also, countries pay their athletes for medalling.
Interesting video. Just not what the title suggests the video would be about. How much do the medals cost to make?
It just means "how much do athletes earn from winning a gold medal "
It may not be necessary to change the title. Maybe it's a different way of reporting a topic
I'm sorry for my English is not my strong
Their country gives them
money for their medals
Other than athletes from U.K. They pay their gold medalists a big fat £0!
US$749740.00/ SG$1000000 here in Singapore for a gold
in the nethelrlands they get like 30,000 euro
Yeah I was like UMMM
I’m pretty sure 99.9% get paid.
If not the olympics wouldn’t be anything
Yea for some countries. And you can get sponsorships too which are well paying
Just because there isn't any direct prize money doesn't mean they don't make any for doing well at the olympics
I agree. Many can receive money from their country or sponsorships.
People will get huge bonuses from their sponsers
"They dont get paid a penny", exuding there 10million Nike sponsorship for wearing branded shoes.
Yeah but that's from Nike, not from the Olympics commitee.
Rip to Jim Thorpe 🙏🏾🙏🏾
My aim is to get a olympic gold in 1500m in 2024.If it happens I am the first person to do it in India
Shyam N Panigrahi thanks
I hope so bro
what's your time and how old are you?
Good luck!
pranesh kumar good luck 👍
Wrong! Some countries actually give compensation or rewards for athletes that won, for example, Joseph Schooling was awarded $1 million from the government for winning a gold medal in the 100m bitterly in Rio 2016.
Produce 101 :D this video refers to the Olympic organisation itself not connected to what governments give winners, plus Schooling probably only won 800 000 after tax
He get more then 1 million for a gold
Butterfly*
Wrong! The IOC gives the athletes $0 in the Olympics.
Some countries offer their medallist a monthly allowance for life after winning a medal so, this video is kind of incorrect. Would be nice if those athletes were purely driven by success and honour but a little extra cash won't damage them.
and how do you imagine athletes shpuld survive on honour??
It's not technically incorrect because the Olympics itself doesn't offer any prize money. Whether the country gives the athletes money or other prizes is entirely on the governments' discretion.
I think the video is about the prizes from the Olympics organization. Other than some kind of allowances, you get a medal from them, if you are worthy to have one, and that's it.
I love this narration 😃
In the netherlands you do get paid for winning a medal. You even get a few if you finish top 8
why doesh she taalksh like thish ?
Worst fake Irish accient I've ever heard
Erick Chicas Because she wants to be annoying.
lol
Sean Connery Jamesh Bond
Eisheen eishi sheven
The narrator, bless her! I just came from a video where she said something about ‘finish hish’ and ‘start hish’. And here again, she says ‘hish’... turns out she can’t say the word ‘it’!
In Cyprus,one gold medal in artistic gymnastics = 45k
How noble of the Olympics to pay these athletes who bring them so much revenue absolutely nothing.
The individual countries are allowed to give prize money to their own athletes. They can also get sponsorships.
CodyORB but only if you win in most cases, and even if you win the endorsement money isn't going to be there if you're not in one of the more popular sports. Also this doesn't factor in the 10s of thousands of dollars the athletes have to pay in preparation for the event, and transportation to the events required in order to be eligible. When the IOC makes over $8 billion between 2009-2012, and not a cent of that went to any of the athletes, something seriously stinks.
Keep in mind the fastest man in the world only makes $25 million on an Olympic year. Other track and field athletes who dedicate their life to the sport don't make much. How much do you think a 10K Olympic runner would make? Or maybe even a Paralympic athlete?
That’s not the point of the olympics
Conemeli Yeah the point is to make the OIC a lot of money.
I can't believe we're still talking about medals after seeing that mustache 4:39. I wanna know how he managed that.
Love the thumbnail 😉😉
I’m obsessed
FIFA mentioned in an Olympic video??
Man I watched a 6 minute video to see how much the Olympic medals are actually worth. Like money. As in if someone was selling one how much would it be reasonable to sell at. Bronze silver or gold
Wealthiest group of athletes ever assembled??
Looks at Formula 1
Ripadee
F1 drivers are not athletes.
Claude Kazadi I would normally agree with you, but then why are sports like shooting rifles considered 'athletes'? The olympics host multiple variations of rifle shootings at their games.
Nevio
Athlete: person who practices bodily exercises and games that need strength and speed (LONGMAN,dictionary of American english).
@@claudekazadi8198 f1 require tremendous amount of strength and stamina. In a normal weather an F1 driver lose about 3kg of their weight. In hot area like Bahrain, they'll lose more.
Abdul Harist Muqorrobin
It might be true, but as an example, a world class female long jumper athlete trains a lot harder, a lot more and more often than a F1 male pilot.They don t even separate men and women in F1 which is something unthinkable in real athletics.
I wanna ask a question about the professional vs amateur issue:
Should professionals compete in the Special Olympics? Yes or No, and why?
Too easy....there isn't any professionals in Special Olympics, only amateurs...they do have sponsorship contracts here and there, probably not all of them, but aren't payed for their sports per say, only for their "involvement" in marketing as such....say wearing a brand or using a dietary supplement....
I'm still waiting for the value of a gold medal .....ie if a businessman wants to buy one.
25k to 1m depending on who buys it. An entire state could buy it for more than 1m btw
So I read a short article a week ago and already know this is bs. Most countries do give athletes a bonus for winning a medal. Actually some of the poorer countries offer the best bonus because it means do much for them to get a medal for the country.
Does this mean that Pro boxers can now compete in olympic boxing?
But what the original cost of making a gold medal
Nice vid...so how much is a gold medal worth?
In our country, the philippines, the gov't gives P10million (US$215,000more or less depending on currency rates) silver is P5million,(given to hidelyn diaz, a weightlifter in rio olympics).. P2million for bronze., and also,just like diaz, other local governments gave money to her
yes
in Singapore, u get a million dollars if u win gold
Ive always has thought the Olympics should be for amateur athletes!! The Dream Team was at the time the biggest advantage ever!!
She says every t like shh when theres a vowel before it
Professionals were first allowed in 1976... not in all disciplines but the process started
Nice typo in the title
This is cool but when are you going to upload the 2018 OLYMPIC women's gold medal hockey game???
i think nbc has new restrictions, there aren't full event replays anymore
ThisIsAgui DAMNIT! thank you.
What is the fine for taking Steroids? Read yesterday that the 4 by 100 team has been disqualified from 2008 in Beging
Sure some countries give a bonus, but that's only every four years. Being an athlete is expensive regardless of the sport. The IOC makes billions per Olympic games and then there's Paralympic athletes that struggle to even make ends meet.
5:15 the Albania flag is so cool!
I might wanna try Canadian hockey
Their sponsors give them a bonus if they win
Surely any football team would be the wealthiest sports team
'How much does a gold medal worth'.. would tht be a better title for this vid?
Only a *small* fortune of 10 million dollars?? OH POOR THING SOMEONE SET A GOFUNDME PAGE FOR THIS GUY.
There's no prize money from the IOC because they have to divide the money amongst themselves. lol
she DIDNT talk about the gold medals worth at all.
Nice, a great channel that is afraid to delve into its history, even if it is questionable :)
So if i want to get paid do i get paid
title is misleading
It's time for Mexico to achieve more than 13 Gold Medals, it's time for 20 medals
So where is the answer of the topic that how much a gold medal 🏅 worth ???
شرف عظيم ان تحصل على ميدالية ذهبيت فخر لك
Yeah...right...
I won this Banana at the Olympics games!
It is not about money it is about honour of representing a nation
Yah but back in the early to mid 1900’s you couldn’t make MILLIONS OF DOLLARS with advertising on tv. Which the Olympics do make. So in my opinion the Olympic committee should spread the wealth around from the add revenue. Or even ticket sales.
waste of time... this video didnt even come close to telling us how much an Olympic medal is worth, like the tittle asks.
how much gold is in the medal? how much did they cost to make? how much do the sell for after the olympics? just tell us the answer. why would you ask a question in the tittle, then not answer it in the video?
They don’t get paid but they are rewarded with money
What does the Olympic committee do with all the money they make. It doesn't go to the country hosting the games, the athletes don't get a cent so who is spending all the money? A lot of the work is done by volunteers.
Why are athletes always exploited.
Didn’t answer the question mate
Considering the Gold medal is actually mainly made of silver, I'd say not much.
So like $20?
Did i hear it right, eighsheen eighshee seven?
Whose being naive now
Some countries award bonuses and other incentives to athletes who win medals
Thought at beginning of video: this video will explain how much you can get for a gold medal if you melt it down.
Thought mid-way through the video: this video will tell the story of some gold medal athlete who was so poor that they sold their medal.
Thought at end of the video: 🤦🏼♀️
i can only imagine the filthy rituals that went on in spain in the year 92
Ok idc . I actually want to know how much people would spent to get a gold medal
1:18 the way she says cash and it 😅😫😫
the medal is a simbol what It counts is how much an athlete earns for publicity. Sad story of Jim thorpe.
I d o n t k n o w
(If you get it, you get it)
For the people who dont get it, in the title they split the an.
Rip Jim Thorpe
Olympics gives lots of money to athlete who won medals but IOC never told this because this is hide talking
I’d say at least 5 dollars
Misleading title....cheap tricks doesn’t suit the classy channel like this
The Amateur Code sounds incredibly stupid
so the hosting country would shoulder the expenses of building venues, in return? good promotion of their country, no wonder only the developed and highly industrialized country can afford it
In India olympians who win medals easily become overnight millionaire
PRANKD
The billionaires make all the money and not the athletes who dedicate their lives to sport
$10 million= a small fortune
Ok
In Jamaican dollars that’s nothing
1:16 Just like Vanossgaming have a bananas.
So day get paid or not
Antonio Jimenez not directly, no. And not by the international olympic committee. But the countries they represent can pay them if they want. And the more famous, talented ones get millions in brand sponsorships. So if your just a newcomer in the Olympic golf team of krygzstan, and go home with no medals or no one really knowing u were even there; then no, u wouldn't make any money. So there's a strong correlation between ur relevance in ur sport and how much you make. But itsnt a direct salary type of thing.
It's worth gold.
Well im also not paid to get myself to get cramp leg arms body and broken bones and jumpping as high as a bird
Is ish just me?
LOL RYAN LOCHTE
Eisin eigsy savee (1887)😂wtf
I do not think it was fair to allow NBA players in
I swear I haven't considered football as a sport since I discovered individual sports
"Thanks, King"
Thank god, this happened. FIFA World Cup is now the biggest sporting event, and is the pinnacle for every footballer. Nobody gives a duck about Olympics football.... except Neymar, of course.
Olympic not one game event.
@@SachiraBhanu Thanks for pointing out the obvious.
@@pratheekbhat6770 Thanks for ignoring that obvious and shaming Olympic for your ignorance.
@@SachiraBhanu Thanks for completely failing to comprehend my point just to get into an argument that should have never existed. I called the FIFA World Cup, the biggest sporting event and is the pinnacle of every footballer. Which part of this truthful sentence shames Olympics as a whole? Only if you had made simple research to find out that the FIFA World Cup attracts more viewership and revenue than any other sporting event, you would not have chosen to come here and look stupid. Secondly, it is true that footballers do not give as much importance to Olympics football as World Cup. You don't see the World Cup reduced only for under-23s or second-string national teams. But you do see that in Olympics football. While this is true, this is only true for football, and not for every other sport. And not for once did I mean that it stood true for every Olympic sporting event. But then again, you had to make yourself look stupid.
This is clickbait
Why are you talking like that?
Lady get to the point!
What accent is that?
Thishh....
Fame led to money so dont try to twist the facts 😉
Man, the narrator's Irish accent's bad
who else just clicked cause usain was in the title🤩🤩🤩🤩
kenz & ems Only knows who Usain Bolt is***
This is why he makes so much money.
imagine how the athletes motivation would be if they give money instead of medals
Waste of Time...
Isn’t the whole point of the olympics for the best athletes in the world to compete against each other? Who cares if they get paid or not... it shouldn’t affect if they can participate or not