Ye Shiwen of China won two gold medals was awarded $50,000 or $100,000 tax free for each one and her net profit was some $30,000 greater than Missy Franklin. Shiwen also only swam in two events wheres Franklin swan in five events yet Shiwen was rewarded far greater monetarily than Missy Franklin.
Who knew that swimming for a Communist nation would be more appreciated economically than swimming for the greatest economic super-power on earth, the United States?
Is this a statement how poor we treat our athletes or what?
In 2008, the national reward scheme in China saw every gold medalist receive 350,000 yuan (over 50,000 dollars) tax-free. This year's payouts are along similar lines, but they are still way ahead of those offered by the country which topped the medal table, ahead of China; the United States. The U.S. Olympic Committee's reward scheme is identical to that of four years ago, with gold medalists pocketing 25,000 dollars, silver medalists taking home 15,000 dollars, while bronze medalists earn a cool 10,000 dollars. U.S. medalists are unlikely to receive large payouts from their home states, in contrast to Chinese athletes who are often rewarded handsomely when they return to their home provinces.