Do Olympic athletes get paid for winning medals?

No, the International Olympic Committee (IOC) does not pay athletes for winning medals to avoid exacerbating inequalities between nations.

How are Team GB athletes funded for the Olympics?

Team GB athletes receive funding through the Athlete Performance Award (APA), a National Lottery-funded program covering living and sporting costs.

What is the IOC's stance on athlete prize money?

The IOC supports fair financial rewards but believes it is a nation's responsibility to support their athletes, prioritizing global athlete development instead.

Home / Sports / Team GB Olympians: No Medal Payouts?

Team GB Olympians: No Medal Payouts?

13 Feb

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Summary

Team GB athletes receive no extra money for winning Olympic medals.
Funding is provided through the Athlete Performance Award (APA).
The IOC prioritizes athlete development over prize money.

Members of Team GB competing in the 2026 Winter Olympics in Milan-Cortina will not receive any bonus payments for winning medals. However, athletes are provided with necessary funding for elite-level training. This support comes through the Athlete Performance Award (APA), a direct payment from the National Lottery that helps cover living and sporting expenses.

UK Sport centrally controls the distribution of APA funding, which is assessed annually. Athletes earning over £65,000 annually may see their APA reduced. The International Olympic Committee (IOC) does not pay athletes for medal wins to prevent further global inequalities, instead focusing on 'Olympic Solidarity' to support athlete development programs worldwide, ensuring equal opportunities through essential funding.

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