TVC-E. Bragging rights aren’t all that there is to get when top athletes win Olympic medals.Top athletes usually earn prize money from their country’s Olympic committee. For the United States, gold, silver, and bronze earn $25,000, $15,000 and $10,000 respectively. That means Phelps will earn $140,000 and And Usain Bolt would be pocketing an estimated £5million in Rio alone and a whopping $650,000.
Singapore’s Joseph Schooling,earned almost $750,000 for his upset over America’s Michael Phelps and the country’s first-ever gold medal.
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