Although the Czech representatives on the XXIV. The Winter Olympics in Beijing are already doing, the management of the National Sports Agency (NSA) has not yet definitively approved the level of awards for medalists.
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The provisional budget, which extended the NSA decision, is to blame. Athletes can announce the final amounts that athletes will receive for medals with five circles only after the approved state budget has passed the parliament. “However, we do not expect the proposed awards for the Beijing Olympics to change,” said NSA spokesman Jakub Vecerka.
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We can’t decide on finances if we don’t have any allocated. On the other hand, it does not seem fair to me that the representatives find out about the amount of the reward only after the end of the games.
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However, the budget will most likely not be approved until after the end of the Olympics on February 20, 2022. “We cannot decide on finances if we have no allocations. On the other hand, it does not seem fair to me that the representatives find out about the amount of the reward only after the end of the games, “explains NSA President Filip Neusser.
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The current government is saving and budget cuts will also affect sport. Last year, the NSA managed almost seven billion crowns, this year, according to the proposal of the cabinet Petr Fiala (ODS), it will probably have to settle for 4.6 billion crowns. This would mainly mean less money for investment subsidy challenges, but the Olympians’ rewards should not be affected by the savings.
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The Olympic winners will probably receive 2.4 million crowns from the agency, silver medalists 1.8 million crowns and bronze 1.2 million crowns.
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Medalists from the Paralympic Games, which also take place in Beijing from March 4 to 13, 2022, will also receive a reward of the same amount. The amounts were unified last year in the case of the Summer Games in Tokyo. At the winter games in Pyongyang, the Paralympians were able to win a maximum of 200,000 crowns, which the Paralympic Committee criticized.
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The NSA paid a total of 36.345 million crowns to 21 Olympians and Paralympians for their success at the Tokyo Olympics.
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The Czechia is one of the countries that rewards its athletes most generously. Czech medalists will come to more than their rivals from the USA or Japan. Each state values the medal performances of its Olympians differently.
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Gold medalists from Singapore according to the server CNBC they will receive from the local Olympic Committee almost twice as many as athletes from the United States. They can get up to one million Singapore dollars (15,993,000 crowns) for the first place.
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Kazakhstan pays its athletes 5,500,000 crowns for gold, Italy about 4,622,000 crowns, the Philippines around 4,340,000 crowns and Malaysia 5,121,000 crowns.
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| Earth | gold medal | Silver medal | Bronze medal |
|---|---|---|---|
| Singapore | CZK 15,993,000 | CZK 8,008,000 | CZK 3,993,000 |
| Kazakhstan | CZK 5,425,000 | CZK 3,256,000 | CZK 1,628,000 |
| Malaysia | CZK 5,121,000 | CZK 1,541,000 | CZK 521,000 |
| Italy | CZK 4,622,000 | CZK 2,322,000 | CZK 1,541,000 |
| Philippines | CZK 4,340,000 | CZK 2,148,000 | CZK 868,000 |
| Hungary | CZK 3,646,000 | CZK 2,734,000 | CZK 2,083,000 |
| Czechia | CZK 2,400,000 | CZK 1,800,000 | CZK 1,200,000 |
| Brazil | CZK 1,063,000 | 630 000 CZK | CZK 434,000 |
| Japan | CZK 977,000 | CZK 391,000 | CZK 195,000 |
| USA | CZK 814,000 | CZK 488,000 | 326 000 CZK |
| South African Republic | CZK 803,000 | 412 000 CZK | 152 000 CZK |
| Canada | CZK 347,000 | 260 000 CZK | CZK 174,000 |
| Australia | 326 000 CZK | 239 000 CZK | 152 000 CZK |
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Hong Kong, which competes separately from China at the Olympics, offered gold athletes five million Hong Kong dollars (13,784,000 crowns).
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After last year’s success of the javelin thrower Neeraj Chopra, who was the first Indian athlete to win gold in athletics and the second Indian individual winner after scorer Abhinav Bindra, India announced a prize of one million rupees (about 285 thousand crowns) for the Olympic winners.
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In addition to medal bonuses, countries also offer other rewards. For example, Philippine weightlifter Hidilyn Diaz, who brought the first Philippine Olympic gold ever from Tokyo, reportedly received two houses and free lifetime tickets.
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However, athletes cannot rely solely on donations from national Olympic committees and sports agencies for results at the Olympic Games or other competitions. Many of them are employed or have sponsorship agreements.
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For example, American snowboarder Shaun White received his first sponsorship gift when he was seven years old. In 2006, he won his first Olympic medal, and with it came a ten-year contract with Burton, a manufacturer of snowboards and winter clothing. White only spends $ 10 million a year on sponsorship contributions.
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