Simone Biles (Photo by Jamie Squire/Getty Images)
Simone Biles is set to leave France with four Olympic medals, having won three gold and one silver in this year’s competition, but she won’t be significantly richer for it.
Biles won gold in the Women’s Artistic Individual All-Around, Women’s Artistic Individual All-Around, and the Women’s Vault last week. She won silver in the Women’s Floor event on Monday.
According to Forbes, Americans at the Olympics will receive $37,500 for each gold medal won and $22,500 for silver, while bronze medalists will get $15,000. The superstar gymnast is due a total of $135,000 based on Team USA’s payout system, which is considerably less than the $750,000 signing bonus her husband, Jonathan Owens, got paid upon inking his last NFL contract.
It appears fans expected her to make a lot more, and they could be forgiven for harboring the notion given how lavishly American athletes get paid.
“The Olympics makes billions of dollars every four years, name a bigger scam, I’ll wait!” one fan raged.
“Do you know the Olympics pays athletes nothing?” another asked.
“The best athletes in the world! NOTHING!” another declared.
“I was just reading about Olympian salaries and it’s honestly disgusting that the Olympics don’t pay more,” someone else wrote.
I was just reading about olympians salaries and it’s honestly disgusting that the Olympics don’t pay more….. it seems like if you’re not winning medals you get no money
“It’s shameful,” another comment read.
Simone Biles Is Still Worth Millions
Despite making what many consider to be a meager sum from her exploits at the games, Simone Biles has a net worth of $25 million, per Celebritynetworth.com.
Like most Olympic athletes, Biles makes most of her money through brand endorsements and is believed to have made around $20 million between 2019 and 2021.
Forbes notes that the 27-year-old brought in $7.1 million in 2023, with $7 million coming from endorsements and the rest from gymnastics. She was the 14th highest-paid female athlete last year.
News
Caitlin Clark Had A Surprising Reaction To Taylor Swift’s Endorsement Of Kamala Harris (nuna)
Caitlin Clark, Kamala Harris, and Taylor Swift (Photos via Getty Images) Caitlin Clark has given a clear indication of where she plans to vote, having reacted to…
VIDEO: Caitlin Clark Caused A Major Stir With Her Pregame Outfit That Showed Off More Leg Than We’ve Ever Seen From Her (nuna)
Caitlin Clark (Photo via @IndianaFever/Twitter) Caitlin Clark was grabbing online attention with her pregame outfit well before she went to the court at Gainbridge Fieldhouse. Clark was…
Travis Kelce’s Ex-GF’s ‘PTSD Triggered’ by Tyreek Hill’s Arrest Body Cam Footage as Kayla Nicole Joins NFL World’s Uproar (nuna)
Tyreek Hill‘s arrest has left Travis Kelce’s ex fuming with anger and concern! WR Tyreek Hill’s recent altercation with Miami-Dade police officers has subjected Kayla Nicole to…
Travis Kelce’s Ex Kayla Nicole Shuts Down Louisiana Rapper’s Super Bowl Half-Time Show Demand After Kendrick Lamar Announcement (nuna)
For major events like the Super Bowl halftime show, opinions often clash. Recently, a Louisiana rapper took to social media to make a public demand for a slot in…
Travis Kelce’s Ex Kayla Nicole & Taylor Swift Share Same Message Following Kamala Harris-Donald Trump Presidential Debate (nuna)
Kayla Nicole and Taylor Swift are on the same page! Shortly after the high-stakes debate between Kamala Harris and Donald Trump ended, Travis Kelce’s ex-girlfriend, Kayla Nicole, and…
Papa Kelce Reveals First Date With Ex-Wife Donna, Drawaing Amazing Parallel to Son Jason Kelce’s Love Story (nuna)
“It’s better to fall in love and lose it than to never find it.” Well, this quote perfectly fits Mama Kelce and Papa Kelce. After being together for…
End of content
No more pages to load