Tokyo 2020 Paralympics: Record 19 medals thus far!!!! Amazing

[SujitPrakash]

Tokyo Olympics: What Australian athletes earn for bringing home gold, silver and bronze

 

On top of their time in the international spotlight, doing Australia proud, few might know that our Australian athletes also score a cash bonus if they’re able to bring an Olympics medal home.

 

According to the Australian Olympic Committee’s medal incentive funding program, that means $20,000 for winning gold, $15,000 for delivering silver and a handy $10,000 for banking bronze.

 

At time of writing Australia has secured nine gold, two silver and 11 bronze medals in Tokyo.

 

Six golds have been won in the pool, with two more in the rowing and our ninth claimed during Jess Fox’s breakthrough in the C1 canoe slalom.

 

Aussie athletes are only entitled to a single incentive payment, with those who win more than one medal in any year scoring a bonus based on “their best result only”.

 

So if you win gold, silver and bronze, your prize will be based off your highest finish. In this example, that would mean gold.

 

Ariarne Titmus, of Australia, poses with the gold medal after winning final the women's 400-meters freestyle at the 2020 Summer Olympics. Credit: Petr David Josek/AP

 

Funding is derived from a mix of grants and sponsorship deals, with the payments to be made in the calendar year after the Games are held - 2022 on this occasion.

 

The incentive is relatively low when compared to other competing nations, with Australia sitting below the likes of the US, Singapore and Kazakhstan, Malaysia and Italy.

 

 

The United States delivers its gold medal champions more than (AUD) $50,700 for each win, meaning multiple drops in their bank account if an athlete is good enough.

 

Silver will earn US athletes $30,450 and bronze brings home $20,300.

 

At the top end Singapore gives its gold medal winners just shy of $1m, $500,000 for silver and $250,000 for bronze.

 

Hidilyn Diaz is one athlete swimming in the perks of her Games win.

 

The Philippines weightlifter claimed her country’s first Olympic gold medal in nearly a century at the Tokyo Games, with the 30-year-old taking the crown in the women's 55-kilogram category.

 

The win was met with admiration internationally and within her own country, with officials and business tycoons from her homeland offering her a suite of prizes including more than 40 million pesos (AUD $1.08m).

 

Others have pledged a residential condo unit in an upscale district, a vacation house in a resort city south of Manila, a new van and free gasoline, as well as free commercial flights for life.

 

https://www.perthnow.com.au/sport/tokyo-2020/tokyo-olympics-what-australian-athletes-earn-for-bringing-home-gold-silver-and-bronze-ng-b881951686z

 

So Australians don't get much funding when compared to Singapore and Kazakhstan, Malaysia , Australians don't even make much when they win medals, wow I didn't know that.

Edited July 31, 2021 by SujitPrakash

[Gollum]

Night match in hockey today, India's first night match while GBR will have experience of the heavy conditions. Ball tends to fly fast under blazing hot sun. Slight advantage to GBR because they will be used to conditions. Stupid scheduling, there were 5 matches in pool stage, they should have rotated them in such a way that all teams got game time: morning, noon, evening, night conditions. India, Japan, Germany are the 3 teams out of the 12 that didn't play a single match at night , do organizers lack common sense? 

[Jay]

59 minutes ago, SujitPrakash said:

Tokyo Olympics: What Australian athletes earn for bringing home gold, silver and bronze

 

On top of their time in the international spotlight, doing Australia proud, few might know that our Australian athletes also score a cash bonus if they’re able to bring an Olympics medal home.

 

According to the Australian Olympic Committee’s medal incentive funding program, that means $20,000 for winning gold, $15,000 for delivering silver and a handy $10,000 for banking bronze.

 

At time of writing Australia has secured nine gold, two silver and 11 bronze medals in Tokyo.

 

Six golds have been won in the pool, with two more in the rowing and our ninth claimed during Jess Fox’s breakthrough in the C1 canoe slalom.

 

Aussie athletes are only entitled to a single incentive payment, with those who win more than one medal in any year scoring a bonus based on “their best result only”.

 

So if you win gold, silver and bronze, your prize will be based off your highest finish. In this example, that would mean gold.

 

Ariarne Titmus, of Australia, poses with the gold medal after winning final the women's 400-meters freestyle at the 2020 Summer Olympics. Credit: Petr David Josek/AP

 

Funding is derived from a mix of grants and sponsorship deals, with the payments to be made in the calendar year after the Games are held - 2022 on this occasion.

 

The incentive is relatively low when compared to other competing nations, with Australia sitting below the likes of the US, Singapore and Kazakhstan, Malaysia and Italy.

 

 

The United States delivers its gold medal champions more than (AUD) $50,700 for each win, meaning multiple drops in their bank account if an athlete is good enough.

 

Silver will earn US athletes $30,450 and bronze brings home $20,300.

 

At the top end Singapore gives its gold medal winners just shy of $1m, $500,000 for silver and $250,000 for bronze.

 

Hidilyn Diaz is one athlete swimming in the perks of her Games win.

 

The Philippines weightlifter claimed her country’s first Olympic gold medal in nearly a century at the Tokyo Games, with the 30-year-old taking the crown in the women's 55-kilogram category.

 

The win was met with admiration internationally and within her own country, with officials and business tycoons from her homeland offering her a suite of prizes including more than 40 million pesos (AUD $1.08m).

 

Others have pledged a residential condo unit in an upscale district, a vacation house in a resort city south of Manila, a new van and free gasoline, as well as free commercial flights for life.

 

https://www.perthnow.com.au/sport/tokyo-2020/tokyo-olympics-what-australian-athletes-earn-for-bringing-home-gold-silver-and-bronze-ng-b881951686z

 

So Australians don't get much funding when compared to Singapore and Kazakhstan, Malaysia , Australians don't even make much when they win medals, wow I didn't know that.

Well india pays 1500 dollars in comparison. So........yea. 

 

Money matters. Besides Australia offers free university scholarship worth 36000 for elite athletes. 

Special elite athlete graduate program opportunity worth 55 k. 

So it all adds up. 

 

In India you just get a low paying clerical government job. 

[coffee_rules]

 

[Texy]

Pretty terrible outing for India but at no fault of the athletes.A country full of corruption and sifarish culture deserve to be languishing in the bottom where shitty D-grade tennis players like Sania Mirza are overhyped to no end and genuine athletes from North-east are ignored unless off course they win something. 

[Texy]

59 minutes ago, coffee_rules said:

 

 Yes, But so is China yet they get boat load of medals every time how? 

[ShoonyaSifar]

11 minutes ago, Texy said:

 Yes, But so is China yet they get boat load of medals every time how? 

Segregation during early years. China picks up tens of thousands of kids at a young age and sends them to over 2000+ Sports Schools. Parents have no choice of refusing, though in recent years there have been some protests.

 

That system can never be replicated in India. Our education system focuses entirely on learning outcomes and most kids not good at studies make the school to work transition by the time they are in grades 7-8. Sports academies at the grassroots levels are nearly dysfunctional due to inadequate funding and corrupt administrators. There has been some improvement in last 10-15 years but long long way to go. Forget these academies for young sportspersons, even the SAI centers where national/state level athletes live and train are in poor conditions. Only elite athletes get top facilities at NIS, Patiala.

Edited August 1, 2021 by ShoonyaSifar

[Vilander]

4 hours ago, Gollum said:

Night match in hockey today, India's first night match while GBR will have experience of the heavy conditions. Ball tends to fly fast under blazing hot sun. Slight advantage to GBR because they will be used to conditions. Stupid scheduling, there were 5 matches in pool stage, they should have rotated them in such a way that all teams got game time: morning, noon, evening, night conditions. India, Japan, Germany are the 3 teams out of the 12 that didn't play a single match at night , do organizers lack common sense? 

No favoritism with GB it will be fun when they get beaten. 

[Vickydev]

Satish Kumar up now

[Vickydev]

Good effort but he is getting nowhere close to his rival here. This is all too easy for the Uzbek

[MechEng]

C'mon Satish c'mon!

[MechEng]

They are playing greenday songs during Olympics? 

[MechEng]

Uzbekistan boxers are the best in the world, not dissappointed here.

[Gollum]

Satish Kumar was valiant, goes down 0-5 but gave it his all against a much superior opponent. 

 

Wish Panghal had this kind of courage. 

[Gollum]

Ger beat Arg 3-1 in the 1st hockey QF

 

Dutch taking the fight to Aussies, were trailing twice, both times equalized. 2-2 and 2 min before shoot-out. 

Edited August 1, 2021 by Gollum

[Gollum]

Going to penalty shoot-out. Come on Netherlands 

[MechEng]

3 minutes ago, Gollum said:

Satish Kumar was valiant, goes down 0-5 but gave it his all against a much superior opponent. 

 

Wish Panghal had this kind of courage. 

 

Boxers from Central Asia and Dagestan region of Russia are lethal, even mma fighters like Khabib Nurmagomedov was number one for a long time.

Those guys are tough enough to give Muhammad Ali, George Foreman and Mike Tyson a good fight.

Edited August 1, 2021 by MechEng

[Real McCoy]

well i guess we have to settle for silver

[Number]

Australians and their nerves of steel.

[Gollum]

Aussies win shoot-out, through to SF against Germany. 

 

Shocker of a game but still found a way to win, mental toughness 

Edited August 1, 2021 by Gollum