Is there Prize Money in the Olympics (Football)?

Winners in the FIFA World Cup, Euros, Copa America, or other football competition receive massive sum of money. However, is there prize money for winning the Olympic football? Or if there is any prize money then how much is it. Let’s find out the Prize Money for the Olympic Football.

Is there Prize Money in the Olympics?

Winning an Olympic medal is a huge achievement for an athlete including the footballers. Everyone wants to win a Olympic Gold, Silver, or Bronze. However, the IOC doesn’t provide any monetary prize to the winning athletes. For the first time, in the 2024 Paris Olympic, Gold medalist winners in the Track & Field, Boxing, and IBA will be rewarded with prize money by their respective sports governing authority. However, there will be once again no prize money for winning the Gold in Olympic football, just like the past. By the way, a footballer or the team can still get money for winning an Olympic medal if their country’s federation wants to reward them with incentives.

Olympic Football Prize Money 2024

How Much Do You Get Paid for Winning an Olympic Gold Medal? As you can see, it differs from country to country. For example, if the US Men’s or Women’s Football team win the Gold, each of the team member will get US$37,500. Similarly, for Silver & Bronze, each team member will receive US$22,500 or US$15,000 respectively. For Brazilian men or women footballers, each team squad member will receive an incentive of US$49k, US$29k, or US$22k for winning a Gold, Silver, or Bronze respectively. So, there is no specific prize money but the incentive varies from nation to nation.