pic.twitter.com/jc2WR4fAak. The table below shows how much money an American champion makes per medal. 1 since Evonne Goolagong way back in 1976. Natalie Coughlin (USA Swimming 2004-2012), Stefania Belmondo (Italy Cross Country Ski 2002. Tennis represents an … Djokovic, the top-ranked men’s player, contracted Covid-19 in June but plans to play in New York next week. Olympic medal money varies by country but in the U.S. athletes make $25K for gold, $15K for silver and $10K for bronze, plus millions in endorsements. That Olympic medal money only goes to U.S. athletes as a bonus for winning. Chilean artist Jorge Selarón's tribute to the people of Brazil. Semifinalists. He did a five-stop swing through Latin America in November that added more than $15 million to his bank account. His famous pot-smoking scandal only helped his popularity. Performance & security by Cloudflare, Please complete the security check to access. With the biggest Olympic medal money winner in the past 15 years earning half a million, it doesn’t seem like the Olympics are very lucrative for anyone. The tables below show the breakdown. 7, $13.1 million) and Simona Halep (No. That’s not strictly true, because it seems to say that all Olympic athletes make that money. The 28-year-old Romanian won her second career Slam title at Wimbledon last year. How Much Money Players Make if they Win NBA Finals, Britney Spears Net Worth: The $290 Million Blowout, How Much Money Do NFL Referees Make? The five top-earning Olympians since 2000 are shown in the table below. He has made an estimated $94 million in endorsement deals since 2001. That’s 23 gold, 3 silver and 2 bronze. Even though Nadal gets a lot of attention from fans, several other players are eying pretty big paydays once they walk away from the tournament. Her major sponsors include global brands Nike, Wilson, Hublot and Avon. Michael Phelps tops the list. Not only is Federer—for the 15th straight year—the world’s highest-earning tennis player, but he is also the top-earning athlete on the planet – despite playing in only ten ATP tournaments during our scoring period and winning two of them. Standout athlete Ryan Lochte is only expected to pull in about $3 million this year in Olympics money from endorsement contracts. Good timing for Lacoste, which added Medvedev to its roster earlier in 2019 and got major exposure with his deep runs in events. She has made $93 million in career prize money, twice as much as any other female athlete. Her firm is focused on companies founded by women and minorities, accounting for 60% of the investments. For most of them, it could be the difference between a money-losing year and a profitable one. But Should You? This statistic shows tennis players ranked by their prize money earnings on the ATP World Tour, as of September 2019. 1 on the Forbes ranking of the highest-paid tennis players with pretax earnings of $106.3 million between June 2019 and June 2020. Repost…. Your IP: 104.171.4.183 A Grand Slam win can trigger a seven-figure bonus. That’s because three of his four medals were gold, which in Russia pays $135,000 each. Another way to prevent getting this page in the future is to use Privacy Pass. How Much Money Has Harrison Ford Made from Acting? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Viktor Ahn has earned the second-most Olympics money since 2000, despite only being in the 2014 Olympics and winning 18 fewer medals than Michael Phelps. At the 2019 U.S. Open, 78% of fans held at least a bachelor’s degree, and the average household income was $216,000. Roger Federer and Rafael Nadal in charity exhibition in Cape Town. His endorsement partners include Asahi, NTT, Japan Airlines, Lixil, Procter & Gamble and Nissin, which are all official Olympics sponsors. She won her first career Slam at the 2019 French Open, triggering lucrative bonuses from sponsors Fila and Head. Novak Djokovic, No. It’s not onl… https://t.co/AdTG1xhSK8 pic.twitter.com/uB1fmd1KA1, — Ryan Lochte (@RyanLochte) July 27, 2016. You may opt-out by, Impact 50: Investors Seeking Profit — And Pushing For Change. Djokovic added Peugeot as an endorsement partner in 2020. .metrics-channel .content-data.light-text {color: #ffffff;} .fs-premium .article-body {padding-top: 0rem;} .line-light {height: 1px;}, I am a senior editor at Forbes and focused mainly on the business of sports and our annual franchise valuations. Actual 202… Runner-Up. Some countries like Azerbaijan will pay $510,000 for a gold (they’ve never had to break the seal on that) while others like Italy can and do pay $180,000 for a gold. Women represent 40% of the earners on our list, led by Japan’s Naomi Osaka (No. • He has earned $500,000 in Olympic money since 2004. 4, $37.4 million) and Serena Williams (No. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Djokovic is the overwhelming favorite to win the U.S. Open with Nadal and Federer staying at home with their combined 39 Grand Slam trophies. All of them probably get something, though for the bottom-tier athletes that may just be free gear and plane tickets. In 2016 alone he is widely expected to make $12 million. @poloralphlauren "Ryan is the most natural swimmer I’ve ever seen. Prize money is purely the onsite prize money awarded to the players in both qualifying and the main draw. Taking total prize money pool to Aus$71 million (USD$48.8 million) where winners of mens & women singles will pocket AUD4.12m million each. You may need to download version 2.0 now from the Chrome Web Store. Aside from the U.S. Olympic medal money bonuses in the table above, most other countries pay their own prizes. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. I joined Forbes in 1998 after working 3 years at Financial World magazine. The colorful "Selarón Steps" in Rio de Janeiro. They don’t. That’s because three of his four medals were gold, which in Russia pays $135,000 each. Viktor Ahn has earned the second-most Olympics money since 2000, despite only being in the 2014 Olympics and winning 18 fewer medals than Michael Phelps. That’s the most medals of any Olympian in history. The 26-year-old Austrian reached the finals of the 2020 Australian Open and 2019 French Open but has yet to win his first Slam. The Japanese tennis ace was set to be one of the most prominent faces of the 2020 Olympic Games in Tokyo before they were postponed. That can be anywhere from $510,000 per gold medal in Azerbaijan, $180,000 for an Italian gold medal champion, $135,000 for a Russian who takes home the gold or $19,500 for a gold medal winning German. Some websites erroneously report that Olympic athletes make $25,000 for a gold medal, $15,000 for a silver and $10,000 for a bronze. Winner. The unknowns will make far less. Getty Images Andy Murray has now won nine singles matches in a row at the Olympics, dating back to his gold medal triumph in 2012. © 2020 Forbes Media LLC. Halep has won $36.5 million in career prize money, fourth all-time on the women’s side. He became a household name for taking down 22 gold medals so far in his Olympic career. She is the first Australian woman ranked No. However, in an age where celebrities like Kim Kardashian can turn a leaked sex tape into a multi-million dollar career, fame is money. The 39-year-old Swiss tennis ace, who isn’t competing in the 2020 Open as he recovers from a pair of knee surgeries, once again lands at No. But the very top players have none of these concerns. That’s still only a small portion of the money Phelps has made, with most of it coming from endorsements. When the U.S. Open starts Monday, more than 300 of the world’s best tennis players will be competing for the chance to win $44 million in prize money, including $3 million each for the male and female singles champions. Here is a breakdown of how much prize money that are involved in each category. The deal clincher: Uniqlo promised $300 million whether he was playing tennis or not. The very top athletes however get big, big sponsor deals. The most Olympic money ever for one medal comes from Singapore’s Joseph Schooling, who beat Michael Phelps in the 100m butterfly for an $880,000 gold medal bounty. It’s important to note that not all Olympians get big endorsement deals. Some will be going for titles, while others will be satisfied with winning a few matches to cash in. I also spend a lot of my time digging into what athletes. The table below shows some of the top pay rates for gold medals from different countries. Medvedev landed endorsement deals with BMW, Russian finance brand Tinkoff and Bovet watches after he reached the U.S. Open final last September, when he lost to Nadal in five sets. Cloudflare Ray ID: 5e117d4eb8cafeca 1,500,000. In contrast, there are reductions when players don’t meet minimum play requirements, due to injury — or a pandemic. “Top tennis players typically have enormous longevity, and longevity is helpful in establishing and growing brand value,” says Phil de Picciotto, founder and president of Stamford, Connecticut-based sports agency Octagon. Most don’t do as well. Consider Roger Federer. The Spaniard is one of the biggest draws in tennis and can command appearance fees of more than $1 million. What is the Most Expensive Fish You Can Eat? Among tennis players, only Roger Federer made more than Osaka from endorsements. “Of course, it will be fueled by his status as the greatest of all time, but Roger’s ability to bring positive change to the world is his future and ours.”. The pandemic has hit tennis especially hard. As of 8/24/16, USA athletes earned $2.08 million in 2016 Olympic money. Phelps has signed deals with Visa, Under Armour, Hilton, Subway, AT&T and several more big-name companies. The total amount of prize money that were involved in the French Open tournament 2019 were €38 million. In all, the top ten players pocketed a combined $340 million, up from $312 million last year. We’ve left out a lot of $200,000 and over bounties from somewhat smaller countries that have never won a gold medal in any sport. I am a senior editor at Forbes and focused mainly on the business of sports and our annual franchise valuations. Nadal earned $40 million, 65% off the court. How Much Money Does Walmart Make in a Year? Quarterfinalists. Andy Murray wins his tenth singles match in a row at the Olympics, dating back to his gold medal triumph in 2012. In all, the top ten players pocketed a combined $340 million, up from $312 million last year. All Rights Reserved, This is a BETA experience. 3 in the world and endorses Adidas, Babolat, Red Bull, Bank Austria, Rolex and Sky Sport.