Top U.S. Winter Olympians like skier Lindsey Vonn and snowboarder Shaun White will parlay medal wins into financial rewards when they return to competition at the 2018 Winter Olympics in Pyeongchang, South Korea.
The United States Olympic Committee’s “Operation Gold” ensures that any American athlete who wins a medal at this year’s games will take home a bonus. Gold medals are worth $37,500, silver medals are worth $22,500 and bronze medals are worth $15,000. The rewards mark a significant increase over medal bonuses during the 2016 Summer Games in Rio de Janeiro, Brazil, when U.S. gold medalists earned $25,000 each.
Olympic athletes who don’t earn medals during competitions have to rely on competition prize pools, monthly training stipends and other sponsorships. Several competitors at this year’s games, including curler Nina Roth and women’s hockey goalie Alex Rigsby, work day jobs to make ends meet, MoneyOpens a New Window. reported.