Do Players Get Paid For Playing In The Olympics?

Whilst each country will be different, the answer is most likely no

Do Players Get Paid For Playing In The Olympics
(Image credit: Getty Images)

Whilst each country will be different, the answer is most likely no

Do Players Get Paid For Playing In The Olympics?

Tokyo 2020 is here and many of the world's best players are set to tackle Kasumigaseki Country Club as they bid for Gold, Silver or Bronze.

Golf is still new to the Olympics and this is just the fourth year it has been included after 1900, 1904 and 2016.

Whilst the golfers will not have dreamed of winning Olympic Gold as a young child, the prize on offer is still one of the greatest in sport.

Justin Rose was overwhelmed by his Gold Medal triumph in Rio last time out, but did he get paid for it?

The answer is no, as Team GB reportedly does not pay athletes for winning medals.

Players competing in the Olympics do not get paid but many nations will offer bonuses for performances.

Likewise, many nations will also fund their athletes through grassroots programmes and other initiatives.

Money is raised in various ways, like in the UK where the National Lottery contributes to funding for Team GB.

When it comes to Team GB, there is no funding on offer for golf.

Rowing and Cycling received the most funding for Tokyo 2020, with over £24m coming from UK Sport.

Numerous other sports received seven-figure funding but golf is not one of them - perhaps due to the finances in the game already.

Golf is lucky to be supported by The R&A and the home golfing unions, and the athletes representing Team GB will be self-funded from tournament earnings and sponsorships.

When it comes to winning medals, there is certainly money available and then further money will come to athletes through sponsorships and endorsement deals.

Italy pays highest for Gold Medals according to reports and paid out $185,000 per Gold at the 2016 Games.

France is second with $66,000 per Gold, Russia third with $62,600 and South Korea fourth at $53,800.

The USA reportedly paid out $25,000 per Gold Medal in Rio.

Elliott Heath is our Senior Staff Writer and has been with Golf Monthly since early 2016. He graduated in Sports Journalism in 2016 and currently manages the Golf Monthly news, courses and travel sections as well as our large Facebook, Twitter and Instagram pages. Elliott has interviewed some huge names in the golf world including Sergio Garcia, Thomas Bjorn, Bernd Wiesberger and Scotty Cameron as well as a number of professionals on the DP World and PGA Tours. He has also covered the 2022 Masters from Augusta National as well as three Open Championships including at Carnoustie in 2018 when he was inside the ropes with Tiger Woods. He has played 31 of our Top 100 golf courses, with his favourites being both Sunningdales, Woodhall Spa, Old Head and Alwoodley. He currently plays at West Byfleet Golf Club in Surrey, where his handicap index floats anywhere between 4-6. His golfing highlight is making albatross on the 9th hole on the Hotchkin Course at Woodhall Spa, and he has made one hole-in-one.

Elliott is currently playing:

Driver: Honma TR20

3 wood: TaylorMade SIM2 Max

2 iron: Mizuno MP-18 MMC Fli-Hi

Irons: Mizuno MP5 4-PW

Wedges: Cleveland RTX ZipCore 50, 54, 58

Putter: Odyssey White Hot OG #5

Ball: Titleist Pro V1x