Paris 2024 Paralympic Video games emblem, on July 22, 2024, in Paris France.
Nurphoto | Nurphoto | Getty Photos
Because the mud of the 2024 Paris Olympics settles, venues throughout the Metropolis of Gentle welcome a brand new crop of athletes for the Paralympic Video games.
Whereas the Worldwide Paralympic Committee doesn’t dole out prize cash for profitable medals, a number of international locations do reward their athletes with medal bonuses.
This is how a lot some athletes are set to earn for his or her sporting achievements, primarily based on info compiled by CNBC from nationwide Paralympic committees, sports activities associations and native studies:
At the beginning of the yr, the Canadian Paralympic Committee introduced that medalists will obtain the identical money bonus as their Olympic counterparts for putting on the rostrum, at 20,000 Canadian {dollars} ($14,786) for gold, CA$15,000 for silver and CA$10,000 for bronze. Host nation France can also be awarding Paralympic medal bonuses equal to these doled out to Olympic medalists.
The identical extends to Spain. A current grant now rewards Paralympic athletes with the identical money bonuses as Olympic medalists — at 94,000 euros ($105,312) for gold medalists, 48,000 euros for silver medalists and 30,000 euros for bronze medalists.
Malaysia’s Paralympic medalists are set to obtain a money reward of 1 million Malaysian ringgit ($228,623) for gold, 300,000 ringgit for silver and 100,000 ringgit for bronze. The Southeast Asian nation has been doling out equal prizes to Paralympic medalists as their Olympic counterparts since 2016.
Malaysia’s Paralympic Council president mentioned three exterior firms are sponsoring more money bonuses of as much as 60,000 ringgit for gold, 30,000 ringgit for silver medalists and 15,000 ringgit for bronze medalists.
Japan’s Paralympic gold medalists will obtain 3 million yen ($20,780) from the Japanese Para Sports activities Affiliation, lower than the 5 million yen awarded by the Japan Olympic Committee to Olympic gold medalists. Paralympic silver and bronze medalists will obtain payouts equal to their Olympic counterparts, at 2 million yen and 1 million yen, respectively.
Australia, Israel and South Korea are additionally providing Paralympic medalists money rewards equal to that of their Olympic counterparts.
Greatest disparity
Hong Kong and Singapore — which award the biggest payouts to their Olympic medalists — don’t dole out as a lot to their Paralympic victors.
Though Hong Kong’s Jockey Membership introduced that Paralympic gold medalists will obtain nearly double of what they obtained within the Tokyo 2020. However the 1.5 million Hong Kong greenback ($192,333) bonus remains to be considerably lower than the HK$6 million reward granted to gold medalists on the Olympics a couple of weeks in the past.
A silver Paralympic medalist stands to obtain HK$750,000, whereas bronze medalists get HK$375,000, considerably decrease than what their Olympic counterparts obtain.
By the same margin, Singapore’s gold Paralympic medalists will obtain 500,000 Singapore {dollars} ($380,000) — half of what their Olympic counterparts get. Silver and bronze medalists will earn $300,000 and $150,000 respectively.
The disparity in prize cash was raised in Singapore’s parliament in 2016. A minister responded that rewards for the Olympics and Paralympics are decided by non-governmental entities — particularly the Singapore Nationwide Paralympics Council and the Singapore Nationwide Olympics Council — that are largely funded by totally different sponsorships.
British Paralympians, like their Olympic counterparts, don’t obtain prize cash for profitable medals, however they do have an annual coaching stipend.
The precise prize cash for China’s Paralympic gold medalists just isn’t clear, as rewards reportedly range by area and occasion.
The biggest delegations on the Paralympic Video games are China with 282 athletes, adopted by Brazil with 255. Host nation France despatched 237 athletes.
Disclosure: CNBC guardian NBCUniversal owns NBC Sports activities and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer season and Winter Video games by way of 2032.
