Olympic salary

According to an information in the Wall street journal 2024-8-6, the self-reported annual income of top athletes who participate in the Olympic games Paris 2024 for example has a large distribution from those who go into debt to finance their personal or national dream and those who have already a comfortable income due to their sports commitment. 26% of athletes are reported to live with less than $ 15.000 per year only. However, at the other end of the distribution of income we have 23% of athletes earning more than $ 100.000 per year. A lot depends on the kind of sport you practice and the earnings of sponsors and “maezene” or professional attachments to professions that rely on physical strength as well. The average or median of the distribution is at a decent level albeit far from spectacular for the amount of effort a d time the athletes devote to their activities. Many other professions earn much more accompanying the athletes and those professions are also a likely later steo in a sportsperson’s career. Life course analysis remains an important field of study which informs the chances of winning medals in Olympic competitions.

Paris 2024