How much money does a Chilean medalist earn at the Paris 2024 Olympic Games?

by times news cr

2024-08-13 06:51:42

The National Institute of Sports awards a million-dollar prize for standing on the podium at Paris 2024, which varies depending on the medal the athlete wins.

Francisca Crovetto made history this Sunday by becoming the first woman to win a gold medal at the Olympic Games for Team Chile. This great recognition does not stop there, since in the case of our countrythe medal brings with it a million-dollar monetary amount.

To put it into context, winning a medal does not entail any financial bonus directly from the International Olympic Committee (IOC). This is because this event emerged as a amateur competition in order to defend athletic success and sportsmanship.

In this sense, the IOC distributes its money widely to National Olympic Committees (NOCs) and International Federations (IFs) to further assist the development of the sport and its athletes.

In this way, the cash prizes that athletes receive for being on the podium in their respective disciplines, depend on each country.

How much money does a Team Chile athlete get for winning a medal at the Paris 2024 Olympic Games?

In the case of Chile, the Government through the National Sports Institute (IND) delivers Economic amounts that vary depending on the type of medal that the representative obtains.

Taking this into account, whoever wins a gold medal in Paris 2024, Just as Francisca Crovetto did in skeet shooting, she will pocket an amount of 800 UTM, which is equivalent to $52.720.800.

To the Chilean athletes who win a silver medal will be delivered to them 600 UTM ($39.540.600) and for the bronze medal A bonus of 400 UTM will be awarded ($ 26.360.400).

In addition, the National Institute of Sports also awards an additional prize to Team Chile athletes who achieve an Olympic diploma, the recognition of which is given to those who finish within the top 8 of their respective competition. So far, the only national athlete to achieve this is the cyclist Macarena Perezwho took an amount of 50 UTM ($3.295.050).

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