Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Sports Illustrated
Sports Illustrated
Sport
Stephen Douglas

Everything to Know About Olympic Medals and What Athletes in Paris Win

Paris 2024 gold medal featuring a piece of the Eiffel Tower.

The Paris Olympics have begun and athletes from around the world have begun to collect their hardware. While winning an Olympic medal is historically significant any year, Olympic athletes who win a medal in 2024 get to take home a piece of one most famous structures in the history of the world.

Olympic glory is its own prize, but medals and money are pretty cool too. Here's what Olympic medalists will earn by succeeding on the biggest stage in sports.

Olympic Medals Feature Metal From Eiffel Tower

Whenever the Eiffel Tower underwent renovations during the 20th century, pieces of the original wrough iron were preserved. Someone in France probably wondered aloud why they didn't throw that stuff away, but someone else probably kept saying they might use it for something someday. What a victorious moment for that person when they decided to use that old metal for Olympic medals.

According to The Athletic, the gold medals, produced by French jeweler Chaumet, weigh 1.17 pounds, the silver medals weigh 1.16 pounds and the bronze comes in at an even pound. Approximately 0.04 pounds of the Eiffel Tower iron is included in each medal.

Are Athletes Gifted Anything Other Than Medals in Paris 2024?

According to the official Olympic website, the first eight athletes in each event "receive a diploma, and their names are announced to the public." There does not appear to be a gift basket involved. So all they get is a medal worth approximately $950 according to Forbes.

Do Olympic Athletes Win Money?

Olympic glory is great, but you can't pay your bills with prestige. Luckily, home countries often give medalists with monetary rewards. U.S. Olympians get $37,500 for a gold medal, $22,500 for a silver medal and $15,000 for a bronze.

Other countries who win significantly fewer medals pay much more. Serbia, for example, is reportedly giving gold medalists $214,900 in 2024. Malaysia and Morocco will also pay out over $200,000 to anyone who comes home with gold.

In addition to that, track athletes who win gold get an extra $50,000 from World Athletics.

No matter how much you earn, you've always got a piece of the Eiffel Tower.


This article was originally published on www.si.com as Everything to Know About Olympic Medals and What Athletes in Paris Win.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.