I am not interested in all events, of course – swimming, diving, gymnastics, some of the athletic events, synch swimming (I love the very knowledgeable female commentator), basketball, and a few other sports – but I like to watch the victory ceremony (is that what they call it), that sense of accomplishment in the faces of the gold medalist. I understand why they normally cry – it’s the hard work all these years – like Phelps, it was after 2 Olympics (2004, 2000) that he now crowned the (arguably) the greatest olympian in history. That is why I don’t think giving RM 1 million for any sportsperson who manage to grab a gold medal in Olympic is not reasonable – it will inspire other people at least- to push their limit (but datukship is just not necessary!)
But I am surely amazed by this stats as well, this article I found What is a Gold Medal Really Worth? . This is how much a gold medal is worth for the UK:
Unsurprisingly, at just £1.25m per medal and little more than £2m per gold, cycling tops the list. Six sports come in at less than £5m per medal. Tellingly, all the sports that received at least £10m in lottery funding won at least one gold, while only two sports that received less than £5m – boxing and the modern pentathlon – won medals of any colour.
I wonder how much did we spend for our silver medal and how much did Ethiopian government spent for its two gold medals winner Dibaba…