Did you know that some countries award their athletes for their performance at the London Olympics?
I don’t get it for some sports (I mean does Kobe Bryant need any financial incentive to win a gold medal at basketball).
Here is a roundup of some countries and their incentives for their athletes:
Athletes from the host nation, Great Britain, aren’t getting any money for their efforts as the British Olympic Committee (BOC) believes that the medals and efforts are enough.
According to the Telegraph, a BOC official said:
[quote]It is our view that financial rewards do not significantly impact the motivation of an athlete to reach the Olympic podium. We believe that the drive, dedication and commitment required of Team GB athletes is motivated, first and foremost, by the desire to represent their country to the very best of their ability on the greatest sporting stage in the world, the Olympic Games; and their love of sport.[/quote]
Even though with the problems this country is having they are awarding their athletes $182,000 for a gold medal winner.
2008 was the first time Canada gave incentives. The 2012 Olympians will get $20,000 for gold, $15,000 for silver and $10,000 for bronze.
Russia is offering $135,000 for a gold medal, $81,000 for a silver and bronze winners get $54,000.
What do you think about these incentives?