People often wonder about the amount of money an Olympian makes during his career. Is it a lot? Is every Olympian a millionaire or billionaire? Does being an Olympian once mean you are settled for life? These are the questions that always revolve around people’s minds. Here’s what the podcaster Joe Rogan has to say about all the money involved in the Olympics.

A major part of the revenue generated by the Olympics comes from broadcasting rights. Then there are sponsorships rights as well that contribute to the total revenue.

According to a report, the revenue generated from the 2013 to 2016 Olympics games was $5.7 billion. There’s indeed no doubt that the Olympics is making tons of money. However, the question remains: are athletes being paid enough?

Joe Rogan shares a firm stance on the matter

The podcast king and commentator Joe Rogan is a strong believer that the Olympics is just a business-orientated event and the athletes are never paid what they deserve. He said, “I think that the Olympics are gross…… This is a great opportunity for all those athletes. It’s great for people to watch it, but I think it’s a f**k**g disgusting money grab and all those amateur air quotes athletes don’t get paid s**t.”

Trending

“Makes No Sense”: Football Fans Disheartened as Travis Hunter and Shedeur Sanders Snubbed in 2025 NFL Mock Draft, Carson Beck Touted Top Player

May 04, 2024 09:19 PM EDT

Russell Wilson ‘Proud’ Despite Harsh Conditions Forcing Ciara To Cancel Las Vegas Show Amid ‘Out of This World’ Tour

May 05, 2024 03:08 PM EDT

“Transferring? Hell Yeah”: Nika Muhl Gets Blunt on Fights With Geno Auriemma After 4 Years of Loyalty to UConn

May 04, 2024 09:02 PM EDT

Martin Truex Jr’s Crew Chief Makes Heartbreaking 4-Word Racing Admission

May 04, 2024 04:11 PM EDT

Shaquille O’Neal and TNT Co-Hosts to Part Ways After 13 Years? Analyzing “Inside the NBA” Hurdles That Might End an Era

May 04, 2024 02:30 PM EDT

Get instantly notified of the hottest Olympics stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Talking about how the situation can change, Joe further added, “these companies are making billions and billions of dollars of them and I really wish they would all quit. I really wish they would say fuck you, pay me.”

How much money do the Olympians actually make?

As per a report, the US athletes are awarded $37,500 for every gold medal, $22,500 for the silver medal, and $15,000 for the bronze medal they win at the Olympics. Even though the amount is not enormous, it’s certainly better than what other athletes get.

“Simone That Went to Tokyo Is Not..”- Simone Biles’ Mother Opens Up on How Tokyo Olympics Experience Changed Her Daughter

Talking about the creamy layer of Olympians, such as Usain Bolt, Michael Phelps, and Shaun White, the money they earn from the event is just a drop in comparison to what IOC generates in revenue.

According to a report, one of the most decorated sprinters ever, Usain Bolt, earned around $33 million in the whole of 2016. A large part of his earnings came from sponsorship deals. If he is earning this much, we can only imagine what would be the situation of other athletes who didn’t even win any medals.