John Hope Bryant : Olympics Financial Literacy Factoid

August 09, 2012

Olympics Financial Literacy Factoid

Approximately 50 percent of our athletes who rank in the top 10 in the USA in their event make less than $15,000 annually from the sport (sponsorships, grants, prize money, etc)
Approximately 20 percent of our athletes in the top 10 in the USA in their event make more than $50,000 annually.
Athletes outside of a top 10 USA ranking, other than some sprinters, milers, and distance runners, can expect to face very limited (if any) income support

Posted at 05:50 PM in Bryant Factoid, HOPE Financial Literacy | Permalink

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One of the British athletes put himself up on Ebay to try and get sponsorship as he couldn't fund himself and was considering quitting the sport. As a result he got a lot of publicity, got sponsored and made it to the olympics. Olympians, for the most part dedicate so much of who they are and their lives to their discipline - it really should be respected on a greater scale and financially too.

Posted by: Anonymous | August 09, 2012 at 06:14 PM

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