Why Olympians Are So Broke | Big Business

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Business Insider

Business Insider

Күн бұрын

Across the US, Olympic athletes are working part-time jobs, driving for DoorDash and Uber, and crowdsourcing funds. We break down how USA Olympians make money, and why the system left many of America’s top athletes broke.
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Why Olympians Are So Broke | Big Business

Пікірлер: 4 400
@jetpham3079
@jetpham3079 3 жыл бұрын
Now we see another reason for why so many winners end up just bawling their eyes out....cuz now they can finally pay back their parents cry
@GrammaDhan
@GrammaDhan 3 жыл бұрын
Exactly..look at when Jamaicans win there first medal..elaine for instance ..others cried for not being able to get a medal in the finals
@TubesForNoobs
@TubesForNoobs 3 жыл бұрын
@@GrammaDhan yeah because they suck, in comparison to the person on top atleast. Sports is a cutthroat business, only the best will ever make it.
@dakotajackson3345
@dakotajackson3345 3 жыл бұрын
@@TubesForNoobs bro if u don’t win the Olympics u don’t suck wtf 💀
@TubesForNoobs
@TubesForNoobs 3 жыл бұрын
@@dakotajackson3345 who is the US 5th fastest runner this season? I bet you’re gonna have to google it, but I bet you can tell me all about the gold medalists, why is that? Because people only acknowledge the winners. It’s simple and when I say they suck I mean in comparison to medalists
@edwardspencer9397
@edwardspencer9397 3 жыл бұрын
India is so devoid of medals that any medal winner is assured at least $10 million USD in cash prizes and sponsors. A gold medal can earn you upto $20 million USD.
@ktchpmn
@ktchpmn 3 жыл бұрын
So you're telling me that the Olympics, which effectively forces host countries to spend billions of dollars on new venues, is exploitive of the athletes? Color me shocked
@deuscoromat742
@deuscoromat742 3 жыл бұрын
Please explain to me what about it is exploitative in nature. Exploitative relationships are parasitic. It is a 100% voluntary opportunity to internationally represent your country and there's a good potential to make a lot of money doing it. What you're talking about is a zero-sum game. Just because one side is benefited does not automatically mean that it is at the opposing party's expense.
@thedarklord8770
@thedarklord8770 3 жыл бұрын
If the host country does not have enough resources to spend on venues they should not have volunteered to host the Olympics to begin with, nobody forced them to volunteer
@spaceodyssey6004
@spaceodyssey6004 3 жыл бұрын
In India, Olympic Participants are fully sponsered and rewarded, and if they get a medal they get 6crore INR+ ie.60 million dollars+
@sheshangajwalia4606
@sheshangajwalia4606 3 жыл бұрын
@@spaceodyssey6004 I am indian as well, but you are certainly joking my friend. I don't think participants get this much. Not even winners. Govts offer them government job, which are ofcourse welll paid, but not at the extent you are saying. Some winners get prizes from businessman and companies. But it's not rule so not all get it. And not all who get it is not equal for everyone as well.
@krishnana6948
@krishnana6948 3 жыл бұрын
@@spaceodyssey6004 Bruh, idk where you get your faxx from but this is as wrong as it can be, "The Indian Olympic Association has set cash prizes of Rs 75 lakh for gold medalists and Rs 40 lakh and Rs 25 lakh for silver and bronze respectively" now 75 lakhs is not a small amount ($100k), now that source also states that, "However, that prize will be escalated by steep cash rewards being offered by several states to spur their athletes to medals at Tokyo Olympics" but that is no where near the amounts you are talking about.
@yuchenwang679
@yuchenwang679 3 жыл бұрын
Imagine getting food delivered to you by a gold medalist
@stardog2779
@stardog2779 3 жыл бұрын
Yea kinda sad and cool at the same time
@chrisiver8506
@chrisiver8506 3 жыл бұрын
More like fourth place. "Sorry dude you didn't get a medal here's 5 bucks" lol
@vince5127
@vince5127 3 жыл бұрын
Well if I was a cyclist I would deliver food on my bicycle hahaha
@vijayadwivedi5904
@vijayadwivedi5904 3 жыл бұрын
Shameful it would be
@kki1707
@kki1707 3 жыл бұрын
I'd tip n treat them exactly the same as any other person doing the job.
@ZhangtheGreat
@ZhangtheGreat 2 ай бұрын
This is why I will never fault an athlete for "jumping ship" to another country to compete. If the other country can land the athlete the financial benefits (and security) they desire, go for it.
@SquirrelStudioss
@SquirrelStudioss Ай бұрын
you can not compete for another country unless you are a citizen there
@WeekzGod
@WeekzGod Ай бұрын
@@SquirrelStudioss There are programs that fast track citizenship for athletes. Obviously not well known because they are effectively special deals. One offs not accessible to the general public.
@blackken-jy9tf
@blackken-jy9tf Ай бұрын
I mean who actually cares about the Olympics? Then it’s every 4 years. Then tbh some of the sports are niche asf.
@anthosm
@anthosm Ай бұрын
​@@SquirrelStudiosssone countries will make you a citizen really really fast if you are an olympic level athlete
@chocc9300
@chocc9300 3 жыл бұрын
This is why the UK does so well in Olympic medal tables of late. After a terrible performance in 1996 the UK government started funding our athletes and the teams around them with the profits of the national lottery meaning they can train full time, not have to pay for coaches and get paid for training
@eamparbeng
@eamparbeng 3 жыл бұрын
Yeah I can see how you're right. Team GB won like 1 gold medal at the Atlanta Olympics. Which was pathetic by their standards. So you're basically saying that the UK government realized "half of the reason why we didn't do good was our fault when we had the resources to train our athletes. So we won't let the same mistake happen again".
@sigmastrong315
@sigmastrong315 3 жыл бұрын
Smart move
@David-im5dt
@David-im5dt 3 жыл бұрын
Some GB athletes have to fund themselves it’s not that easy here too
@persebra
@persebra 3 жыл бұрын
"the teams around them with the profits of the national lottery.." ooooh, that makes sense to use a lottery! we should do something like that in the US.
@danm4320
@danm4320 3 жыл бұрын
@@persebra The lottery is a gamblers tax. It's the perfect way to fund things like the olympics where you went an independent fund to the treasury which doesn't have the same level of accountability
@wkdhrgwiyagcgjne5547
@wkdhrgwiyagcgjne5547 3 жыл бұрын
So you’re telling me the government gives out medal bonuses and used to tax on those bonuses?!
@noname-bt9ky
@noname-bt9ky 3 жыл бұрын
Bruh
@noname-bt9ky
@noname-bt9ky 3 жыл бұрын
Taxes are inhumane.
@akindjustice
@akindjustice 3 жыл бұрын
@@noname-bt9ky I mean taxes are the reason we have roads, teachers, public parks, firefighters, and a whole lot of other important stuff but sure... inhumane... sure
@organizedchaos4559
@organizedchaos4559 3 жыл бұрын
You mean you have to pay taxes? Olympians need to learn what’s it like being a normal person
@Rhea1381
@Rhea1381 3 жыл бұрын
It's a lot like how it taxes unemployment. My state paid for my unemployment when I lost my job. Then my federal taxes came in and took 25%. (State didn't tax it). 25% of 1800/mo is brutal.
@TheAwareHuman
@TheAwareHuman 3 жыл бұрын
It’s incredible that USA earned as many medals as it did, if this is the level of financial support that is given to athletes.
@dr.apollo4226
@dr.apollo4226 3 жыл бұрын
Competition can do wonders, and there’s plenty of that in the US in every sector of society.
@TheAxelBrown
@TheAxelBrown 3 жыл бұрын
The USA also has much better access to facilities. Nowehere else in the world is there an abundance of athletics tracks like the USA with every college and loads of highschools having them. Same with pools and other facilities. Also the school system is pretty good for getting athelte's a chance to be recognised and get support. Combine that with a 300million population and there are bound to be plenty come through. Undeniably it would be better were there support for atheltes outside the main sports, especially in poor areas. But I compete in the UK, and was in an unfunded national program going to the Olympics, and yet had to move to a city just to find an atheltics track! So it's swings and roundabouts really!
@BLKSHARK_43
@BLKSHARK_43 2 жыл бұрын
Silver medalists Raven Sanders works in a warehouse
@waterproof4403
@waterproof4403 2 жыл бұрын
@@TheAxelBrown forget track and and field. Especially road running
@joesr31
@joesr31 2 жыл бұрын
Scholarships from universities help as well
@thLilJinx
@thLilJinx 3 жыл бұрын
Yeah singapore pays 1,000,000 for gold, but I guess that's also because we've only ever had ONE gold olympian and that was in 2016. US on the other hand gets tons of gold medals every olympics
@runninginsept
@runninginsept 3 жыл бұрын
I think it's a little embarrassing that we have once again emerged on top for all the wrong reasons. I'm not sure what the message is that we're sending with the 7 figures for gold medals. Our sports emphasis and awareness, on the national level, is appalling, even more so when considering the volume of foreign athletes we were once importing. As with many things in the country, the concern is with shine and splendour, no matter how hollow.
@wedisegen
@wedisegen 3 жыл бұрын
I was just gonna mention that. Singapore awards the most money and they have yet to win any medals at the Tokyo Olympics.
@some.generic.username5254
@some.generic.username5254 3 жыл бұрын
India pays 3crore rupees for gold , 2 for silver and 1 for bronze , but again the same case , that not many are winning
@sko1beer
@sko1beer 3 жыл бұрын
It’s not just about prize money places like USA and China Russia also offer there athletes proper couching jobs to produce more medals a proper jobs after retirement from the sport
@rejectwokeness1314
@rejectwokeness1314 3 жыл бұрын
That's what the SG govt is good at doing. High headline figures to show they are benevolent but the whole infrastructure and sporting culture is appalling. The one gold Olympian owes his success to his family's financial and emotional support, not the country's development. The only paid Olympians are foreigners, as a local athlete you gotta find your own job and find time to train after that
@supingo3339
@supingo3339 3 жыл бұрын
In Slovenia every athlete that wins a medal at olympics or some world cup is litteraly considered a hero and gets sooo many sponsorships instantly.....for example Pogačar and Roglič in cycling and the baskedball team when they won the EuroBasked The ones that earn the most from sponsorhips here are mostly winter sports athlets because skiing and skijumping is really big around the Alps
@elotabung
@elotabung 3 жыл бұрын
this is how a nation suppose to treat their international hero
@akshanshchoudhary7397
@akshanshchoudhary7397 3 жыл бұрын
Our only Indian gold medal winner in Javelin has till now got 2 million $ from different state governments and companies (not even sponsorship, just a gift). I am sure once he starts doing ad and sponsorship he will be worth above 5$M.
@Rangayuthtube
@Rangayuthtube 3 жыл бұрын
its different for countries like usa, then win 100's of medals, not that special
@Headhunterzify
@Headhunterzify 3 жыл бұрын
I’m inclined to say that in Malaysia after you won a medal at the Olympics everyone wants to be your friend. I hate that not many athletes get to shine just ‘coz they’re too focus on athletes that got “lucky” at the Olympics.
@TubesForNoobs
@TubesForNoobs 3 жыл бұрын
Sponsorships are from private companies and that happens for almost every medalist everywhere. The ones who don’t make money are the ones who don’t medal or have no Promise. Athletics has always been cutthroat, if you’re not gonna be the best then don’t bother.
@fun4me52
@fun4me52 3 жыл бұрын
The IOC should be paying the athletes. It’s no different than the NCAA making all that money off of the college athletes and not paying them. The IOC makes plenary of money but doesn’t pay their talent. It’s great if you can play a game and make money at it. If not, I have a hard time taking money that could be used for children or other necessities to give to athletes. If you are in business you need to make money. My mom has been a nurse for 50yrs and the government isn’t subsidizing her uniforms and foot massages, not to mention PPE during the pandemic.
@wvu05
@wvu05 3 жыл бұрын
@LTNetjak Indeed. The other major difference is that the IOC stopped prohibiting athletes from making money for their sport decades ago.
@samplautz5586
@samplautz5586 7 ай бұрын
College athletes get to go to school for free. They aren’t paying over 100k to attend their school. That’s what a scholarship is
@CL-fg5ne
@CL-fg5ne 3 ай бұрын
​@@samplautz5586not every Olympian gets a full ride scholarship...
@aridddle
@aridddle 2 ай бұрын
​​@@samplautz5586 that's true for the kids that get a full ride athletic scholarship, however only about 10-15% on average of the athletes on said team will get a full ride athletic scholarship. Maybe another 25% percent will get some form of scholarship money, but it's rarely over 50% of the total cost to attend the school. The rest of them have to pay tuition like everyone else.
@rambutketiak
@rambutketiak 3 жыл бұрын
I’m surprised US doesn’t have a support system for the athletes. In my country the athletes are considered civil servants so they do get paid monthly. And I admire countries like China and South Korea because they have athletes training center. So the athletes can focused on the training not worrying over food, home, clothing, coach, training area and wages.
@guerillo4047
@guerillo4047 3 жыл бұрын
Wait till you hear how the US treats it's military veterans 🤣
@Konktg
@Konktg 3 жыл бұрын
What country? In Greece only a handful of sports is considered as professional.
@meowiguess903
@meowiguess903 3 жыл бұрын
.
@elotabung
@elotabung 3 жыл бұрын
@@Konktg I'm guessing it's Indonesia
@akmalnagib9725
@akmalnagib9725 3 жыл бұрын
what country are you from?
@Lily-mp2fb
@Lily-mp2fb 3 жыл бұрын
The olympics is the most rewarding non-rewarding thing ever
@Tech-cy9yo
@Tech-cy9yo 3 жыл бұрын
The UFC
@AlainPilon
@AlainPilon 3 жыл бұрын
I think being a parent tops that. In both directions.
@axia9294
@axia9294 3 жыл бұрын
@@ratas258 china is the same way though- I mean I’m not defending America but China don’t give a shit about their Olympians
@aliciam1646
@aliciam1646 3 жыл бұрын
@@axia9294 But at least China has training facilities for their Olympians and their Olympians don't have to worry about paying training-related expenses.
@axia9294
@axia9294 3 жыл бұрын
@@aliciam1646 fair point
@pengfeidong5268
@pengfeidong5268 3 жыл бұрын
It really sucks that world-class athletes aren't compensated for their greatness nearly enough, it always amazes me that some people can be the best in the world and on prime-time television and then go back to working a factory gig.
@Fankas2000
@Fankas2000 3 жыл бұрын
They are the best at sports no one cares about. Athletes that compete at sports that are poplar are rich. It's only the obscure ones that struggle.
@TobyMacNewsboys
@TobyMacNewsboys 3 жыл бұрын
Well, all it goes down to is viewership. Sports that have a lot of viewers, have opportunities for ads. Opportunities for ads mean that companies want their logo up there and are willing to pay huge amounts to the athletes for doing so. I dont think there is a particular problem in the funding of the athletes... sure the government could support them more, but in private business there just isnt demand for that. Think about it. How often do you see NFL/NBA/soccer/tennis on TV, vs how often do you watch long jump / javelin throw / womens 400m hurdles on TV? Inevitably, the track&field and less known sports are just not so interesting to watch, meaning less viewers, less sponsors and less money to the athletes.
@dirtsapient9638
@dirtsapient9638 3 жыл бұрын
No one gives a sh@t who is best in the world at picking their nose either. So they dont get paid for it. They are pursuing elective hobbies for their own amusement, nothing more.
@katie-st8nx
@katie-st8nx 3 жыл бұрын
There are millions of homeless and you wanna pay people for jumping high? Dude.
@TobyMacNewsboys
@TobyMacNewsboys 3 жыл бұрын
@@katie-st8nx What the hell haha. In today's world, people get paid on how much perceived value they add to the society. A company CEO gets paid x € year, because he solves complicated problems, works under heavy stress and leads a company (lots of people) with a strong vision. Why should the money go to homeless? Im all about social support groups, good programs to get those people back on track... but the world just doesn't work that way. What if we took your salary and gave 50% away to a homeless? There are millions of homeless people and you wanna pay _____ for doing _____ job? Jeez.
@han06polo
@han06polo 3 жыл бұрын
Olympic was such a beautiful way to show how human body can achieve in certain sports. But now all the historic and monumental spirit of THE Olympic is gone and turning into a business.
@malcontentmongreloid5486
@malcontentmongreloid5486 3 жыл бұрын
Yes, what a human body on drugs 💉 can acheive, how beautiful. Open your eyes lol, they apprar to be closed.
@sheiswhitney
@sheiswhitney 3 жыл бұрын
Olympics was and continue to always be about business, politics and diplomacy.
@loritt3958
@loritt3958 3 жыл бұрын
@@malcontentmongreloid5486 the "apprar" to be closed
@wakandaforever2401
@wakandaforever2401 3 жыл бұрын
Since it's inception in Ancient Greece, the Olympics showcasing what the human body could achieve was only a facade to hide the business, and political stuff going on behind the scenes.
@churblefurbles
@churblefurbles 3 жыл бұрын
@@sheiswhitney its mostly about forcing cities into billions of dollars of debt now. People are making money off forced spending no one asked for.
@rayologyxm
@rayologyxm 3 жыл бұрын
This is one of the reasons why I never continued on with my track and field career. I still love running a lot. But it definitely takes a lot of support that I didn't have at the time.
@ceeprintz
@ceeprintz Ай бұрын
Updates??
@rayologyxm
@rayologyxm Ай бұрын
@@ceeprintz I appreciate you wanting an update. I'm actually in process of training for Masters meets and a possible swing at the Diamond League at this age and stage of my life. My olympic and world champion opportunities are gone now....
@esther3396
@esther3396 Ай бұрын
@@rayologyxm wishing you the best of luck
@rayologyxm
@rayologyxm Ай бұрын
@@esther3396 thank you so much
@martinebon4333
@martinebon4333 3 жыл бұрын
That is the risk of being an athlete, you need to be either be from a rich family to support you OR be exceptional in your sport that you get sponsors willing to pay for your training. What shocked me is that the US are paying pennies to their Olympic medalists after giving honor to their country.
@vertrex8062
@vertrex8062 3 жыл бұрын
You shouldn't just put all the hate on the USA. As the video mentioned only two countries pay their athletes to represent them.
@dontbanmebrodontbanme5403
@dontbanmebrodontbanme5403 3 жыл бұрын
Just to drive home what you're saying even more, remember, every kid on this earth, at 5 years old, said, "I want to be an Olympian!!!" at one point. So parents shell out money to see if the kid is good. Great, the kid is good. Ok, let's go into debt to see how far this dream can go. What happens to the families that shell out hundreds of thousands of dollars, only to find out the kid is good, but not good enough to ever repay the money the parents spent? What happens if those parents aren't rich? I agree, I'm stunned that the US doesn't support their athletes more. It's amazing how many medals we win every year knowing this.
@theimpaler98
@theimpaler98 3 жыл бұрын
@@vertrex8062 Other countries subsidize costs of training. The US amateur sport system is pretty shit in comparison
@Carson347
@Carson347 3 жыл бұрын
@@dontbanmebrodontbanme5403 You lost the bet to be honest. If you needed to make it to a certain level to make bank and you didnt well hard luck. The thing is even if the US were to pay athletes just for qualifying that would not be enough to cover the years of work. At most the US would pay for the last year of training on top of some pay for qualifying. You would have been training towards other events that has nothing to do with representing the US so they would not see the need to compensated you pass a certain time. Its somewhat tricky but it can be done.
@hypothalapotamus5293
@hypothalapotamus5293 3 жыл бұрын
@@dontbanmebrodontbanme5403 Parents must be a role models for their kids. Going into debt to pursue a future that isn't going to happen is not being a good role model. Sometimes you don't get what you want. Other times, you don't really want what you thought you wanted. It's an important life lesson.
@KeliK1
@KeliK1 3 жыл бұрын
Singapore pays $1,000,000 for a gold medal, $500,000 for a silver medal and $250,000 for a bronze medal? Wow!
@NiskyModifiedFB
@NiskyModifiedFB 3 жыл бұрын
After a life time of training, it doesn't sound like much.
@haroldgeernian9816
@haroldgeernian9816 3 жыл бұрын
Well its almost hypothetical since Singapore has won 1 gold medal and 5 total in all Olympics, which is why they can give so much money. Nations like the U.S. can't give that much because we get around 100 medals per Olympic Games.
@SDZ675
@SDZ675 3 жыл бұрын
@@austinwffly2136 Just order 1 less F35 or 10 less Cruise missiles every 4 years.
@johnl.7754
@johnl.7754 3 жыл бұрын
Well USA doesn’t need to since it is doing fine (how many medals won each Olympics). Not saying it’s right though.
@RomeoMike22
@RomeoMike22 3 жыл бұрын
@@NiskyModifiedFB if you doing it for the money there's something wrong with you
@petergeyer7584
@petergeyer7584 3 жыл бұрын
This doesn‘t even address the issue of athletes who represent the US in “show the flag” sports that we never medal in. By that, I mean sports that the US has never been good enough to medal in, but that the US enters an Olympic team for because we’re America dammit - we compete in everything (think badminton, biathlon, table tennis, rhythmic gymnastics, trampoline, etc.). How do these athletes do it when there is no government support, next to no sponsorship money, no realistic chances for medals, and next to no public acknowledgement that the sports even exist? Some could say the US shouldn’t send athletes in these sports if we have no hope of medalling. But we do anyway. So who pays for their training, equipment, travel, nutrition, living expenses, etc.? In most cases, it’s all out-of-pocket.
@TheeMelloMan
@TheeMelloMan 3 жыл бұрын
Did you watch the end of the video? All of the athletes clearly said that it's all about the love of the sport . Also, there are plenty of athletes who are very wealthy that compete in winless sports just like there are poor atheles that compete in winless & sports we do win at.
@TheeMelloMan
@TheeMelloMan 3 жыл бұрын
Also, do research on the athletes. Many sports you suggested, have athletes with sponsors are are wealthy athletes.
@joesr31
@joesr31 2 жыл бұрын
Given a choice to enter or not enter olympics without any cash prize, athletes would still choose to go.
@crosslink1493
@crosslink1493 2 ай бұрын
A lot of them go play in countries where there are pro leagues that can earn them a good wage. Rugby is one of those sports that is played in the USA on a 'casual' club level, but has pro leagues with great attendance at matches in other countries.
@ZetaTJ
@ZetaTJ 3 жыл бұрын
I am from Spain, and two years ago I went to the north of Spain on vacations, and the girl who attended me at the hotel was an olimpic athlete for the Spanish badminton team. Simply amazing
@abdulalhazred4224
@abdulalhazred4224 3 жыл бұрын
What? But, carolina marin is surely rich, isnt she? That wont happen in indonesia. If they r chosen to go to the olympic, they r rich (at least, have more money than many of us mortals 😁)
@gabrieltanzh
@gabrieltanzh 3 жыл бұрын
Singaporean here pitching my two cents! For context, the reason why i think singapore is pouring so much money into athletes, is really the nation's late realisation that we are quite far behind in sports talent development. In our country, people don't think sports is a viable career and usually will sacrifice it for a more "stable" career. As for prize money for winning the olympics, it is so absurdly high, partially because we hardly win any medals (in fact only 5 ever). When SG won it's first gold last olympics it was really a hugely proud moment! My guess is that USA has quite the opposite problem in that talent development and interest in sports is much more advanced, and thus a reward system the way SG does it will be unviable. Really hope as a global society we find a way to reward all these athletes appropriately with at least a living wage (not even asking for the millions that some earn)! Sporting meets/tournaments, and to me especially the olympics, are a HUGE source of inspiration and really show the best of the human spirit!
@md-ayaz
@md-ayaz 2 жыл бұрын
India has a similar model like Singapore. You need to show talent and win gold medals to get paid by govt. If anyone wins gold medal then govt notices him/her and gives him a reward and respect. Lot of big business man will reward him.
@AnjaliSingh-0304
@AnjaliSingh-0304 3 жыл бұрын
In India if you win an Olympic medal you get 800,000 USD along with government jobs (once you retire from the sport) +government will cover all expenses for the gear u need for the sport.
@lzh4950
@lzh4950 3 жыл бұрын
Am from Singapore where I heard our rewards for Olympic medals are the world's highest, probably because it's rare to come by here (we were empty-handed at the Olympics between 1960 to 2008, for instance). Heard the father of swimmer Joseph Schooling, the country's 1st gold medalist (besides those won earlier in Paralympic swimming & Youth Olympic sailing), also ended up selling his business to fund his son's training, that included moving to the USA for studies (where there're more competition opportunities). Like him, many of our country's athletes juggle their training & competitions with academic studies (probably due to pragmatic financial concerns), which leaves them pretty busy & at higher risk of burning out e.g. Johnathan Chan (our 1st diver to qualify for the Olympics) was still working on his university's final-year/capstone project in the Athletes' Village a few hours before his Tokyo 2020 event, & had to be excused from his project's presentation to make it for the competition. With such pressures, him & quite a number of our athletes are retiring quite early from professional competitive sports i.e. in the mid-20s, after just 1 Olympics, which is a bit of a pity, though understandable.
@dinogaming4419
@dinogaming4419 3 жыл бұрын
It's sad but not much can really be done. Nobody is gonna pay millions to sponsor a rower.
@danceteacherrlb
@danceteacherrlb 3 жыл бұрын
Or we could sponsor them since they're doing this to bring our country respect
@dinogaming4419
@dinogaming4419 3 жыл бұрын
@@danceteacherrlb Sure but that's just not how the economy works. Someone could sponsor them I guess if they're prepared to lose money. It would have to be a pretty nice person.
@vanderumd11
@vanderumd11 3 жыл бұрын
@@danceteacherrlb nahh. Respect from who.. we have a military that handles that
@deuscoromat742
@deuscoromat742 3 жыл бұрын
@@danceteacherrlb Can you think of a reason why? Because that's not a good reason. "we should give them lots of money because it makes me feel good". I'll tell you a secret, i'm not going to pay another Penny of taxes because someone wants to play games. Where do you think money comes from? So willing to spend everyone's freaking money. They have a gofund Me, feel free to donate your own money.
@user-di5xq2ly2v
@user-di5xq2ly2v 3 жыл бұрын
What about using taxes
@abec8211
@abec8211 3 жыл бұрын
A lot of people in the comments are like: “We’re glad this issue is finally being brought up” Hey let’s watch water polo!: “ewww no thanks that’s boring!”
@sauravsharma1229
@sauravsharma1229 3 жыл бұрын
You can't use this kind of guilt argument for people to watch every single sport though.
@SachiraBhanu
@SachiraBhanu 3 жыл бұрын
@@sauravsharma1229 People are lying about their love for some sports.
@cleofaspingarron
@cleofaspingarron 3 жыл бұрын
They should display FrootLoops banners in water polo arenas. An McDonald's. Lots of McDonald's
@shivamagarwal5789
@shivamagarwal5789 3 жыл бұрын
Yeah. Like I don't get it. This is my first time following Olympics so closely and I prefer to watch an undermined sport rather than the hyped ones. Feels so awesome to know such interesting sports exist.
@TheTransitmtl
@TheTransitmtl 3 жыл бұрын
I don't watch any sport but all top level athletes should not be financially insecure. Hopefully one day we will have UBI and humans will be able to reach their full potential
@sushant6196
@sushant6196 3 жыл бұрын
If the developed countries atheletes are broke then imagine the athelete of underdeveloped countries.
@wenacabrossoylacony
@wenacabrossoylacony 3 жыл бұрын
Southamerican here, is basically the same, in here the only sport well paid is soccer, the rest have to find a way to pay they own bills. Even the world champions have to pay their own travels
@ParuAp
@ParuAp 3 жыл бұрын
Only usa
@cleofaspingarron
@cleofaspingarron 3 жыл бұрын
Yes exactly. Cuban atheletes are fed old tires and still many of them make it to medals
@secondnature4891
@secondnature4891 3 жыл бұрын
Not really, here in Indonesia, we give these gold medalists around $700k each. And they'll basically become celebrities which guarantee them financial security.
@jacobbaker4545
@jacobbaker4545 3 жыл бұрын
This is another reason why ncaa should pay their athletes in addition to scholarships. They make everyone else money so they should be able to recieve a portion. No one should be paying tution while competing
@zesolodar
@zesolodar 3 жыл бұрын
the problem with that is outside of football, basketball, and some places a sport or two most schools athletic programs loose money. someone published the profit chart from lsu athletics and the only sports that turned a profit were football basketball and baseball (barely) every other sport lost money. so you would be asking three sports to pay all their athletes on top of supporting and making it possible to keep said teams. sorry that dosent work. just like life you dont get paid when your not turning a profit for your company or institution
@80z1r
@80z1r 3 жыл бұрын
@@zesolodar The three big ball sports do not cover other sports cost. When students pay their tuition there is a student athletic fee included. I know this because it was a part of my tuition cost at Southern Illinois Univ. in the late 70's early 80's still charge it only much higher now. The so called money losing sports do not have television deals or charge a gate fee which makes a HUGE difference.
@adam872
@adam872 3 жыл бұрын
I think NCAA athletes should be able to get outside funding, other than scholarships and I think that's that case now or being proposed?
@TheVision-gd7np
@TheVision-gd7np 3 жыл бұрын
So you have to be good enough athlete and have millions of followers on "social media"
@MeMe-pj8ve
@MeMe-pj8ve 3 жыл бұрын
Wtf why would you put social media in quotes? 😂
@Nutty...
@Nutty... 3 жыл бұрын
And this is why some of them dope..
@_Ekaros
@_Ekaros 3 жыл бұрын
Like everyone else in modern influencer industry... Athletes are nothing special compared to any other social media star...
@hypothalapotamus5293
@hypothalapotamus5293 3 жыл бұрын
This is why Nick Symmonds started selling run gum.
@kotresh
@kotresh 3 жыл бұрын
The title should be" why American athletes are broke" don't generalize it, and also u made no mention of the countries whose athletes situation is a lot worse than of Americans, a lot worse than you could even imagine
@elderbob4852
@elderbob4852 3 жыл бұрын
you mean the title "shouldn't be" and also, wow, big surprise that small/poor countries don't have good programs. I bet no one would have assumed that. American is a very big and rich country; it should have the best of the best programs and funding compared to 2nd/3rd world countries. The title is fine also fine because it's true for most of the athletes.
@abdulalhazred4224
@abdulalhazred4224 3 жыл бұрын
@@elderbob4852 indonesia is a third world country. But, if an athlete win a medal (even bronze) they will get enough money from tje govt, rich individuals, companies, etc to make u rich - very rich. They will even get lifetime pensions like civil servants.
@AminXD10
@AminXD10 3 жыл бұрын
Medalists are so overhyped. If I don't like your sports, your medals doesn't matter anything for me.
@JAmes-BoNDOO7
@JAmes-BoNDOO7 3 жыл бұрын
@@AminXD10 Still ain't overhyped than that football player named Messi.
@darnarxz
@darnarxz 2 жыл бұрын
@@abdulalhazred4224 Sure, because it wouldn't be that many athletes winning.
@SuccessforLifester
@SuccessforLifester 3 жыл бұрын
I was giggling when Singapore was featured for its monetary rewards when the irony is that we are not known for doing well in sports
@ovh992
@ovh992 3 жыл бұрын
The man stating that the USA is one of the few countries in the world that doesn't financially support Olympic athletes is dead wrong! Pretty much all of. Africa and South America do not pay for training. They may pay after an athlete wins a gold medal. The saying in the Olympics is "only the wealthy countries win at the Olympics".
@habib6499
@habib6499 3 жыл бұрын
algeria is an african nation and we pay our athletes and all Olympic athletes here live in one of the most expensive neighbourhoods and are very well off so it’s a very stupid thing to compare africa as a whole r/shittyamericanssay
@felipedaiber2991
@felipedaiber2991 3 жыл бұрын
"Only moderately rich countries that care win" I guess
@bestkoi7555
@bestkoi7555 3 жыл бұрын
His statement is true. USA itself is not the one financially supporting athletes. The US government is not paying athletes. The Olympic companies are paying athletes.
@ovh992
@ovh992 3 жыл бұрын
@@bestkoi7555 my statement is that there are MANY countries that do not pay to train olympic athletes. Very few countries pay for athletes to train - basically communist countries are the only ones who pay for athletes to train.
@daelbows5783
@daelbows5783 3 жыл бұрын
​@@habib6499 Most developed countries don't support their athletes. The UK is one of the few that does. The US isn't alone. Countries like Canada and Australia also don't pay athletes to compete.
@Vongreimbf109
@Vongreimbf109 Ай бұрын
..and they had billions of dollar for another country wars
@TomOostenrijk
@TomOostenrijk 3 жыл бұрын
I think the multimillion earning for athletes in the popular sports are outrageous. It must suck to be the best in your field and make a 1000 bucks a month. But, that's just how it is. You can't pay athlethes well, if nobody watches your sport, and you can't really force them to.
@jowellnim9459
@jowellnim9459 3 жыл бұрын
@Brian Peterson if you are training intensely for upwards of 8 hours a day, im pretty sure you dont have the energy to create lots of content for socials without it getting dull quickly if all you do is post your daily training routines
@deathstar71
@deathstar71 3 жыл бұрын
@Brian Peterson they're not PR professionals. Jeez.
@leiajiang7877
@leiajiang7877 3 жыл бұрын
This is why the popularity model the right uses against coplaining female soccer players is so invalid. Because peoplein America isn't looking at achievements but looking at popularity. Thats what kills peoples sprit to join other sports that help keeps America ahead in the sporting world. Of course i don't care, I'm team china all the way
@TomOostenrijk
@TomOostenrijk 3 жыл бұрын
I don't think the popularity model is a 'right' thing. It is just another thing feminists criy about. If noone watches your sport, viewership is down, sponsors stay away., there is just less money to go around. The same goes within the spectrum of the male side of sports. Some sports are more popular, so some men make less than others. Not to mention that in most, not all, sports, if you're in it to see the best of the best, you're probably looking at men. Not saying I necessarily like it, but it makes sense. Nothing 'right wing' about it.
@naesklinger3060
@naesklinger3060 3 жыл бұрын
@@leiajiang7877 I realize this is going to go over your head but…. Sports are a business! If no one pays to see you play/compete then how are you supposed to get paid. You’re free to train and progress in your sport, but I’m not going to pay to watch you, nor is the vast majority. The reason these athletes are upset they don’t get paid much is aside from 2 weeks every 2 years (summer and Winter Olympics) what else do they do for me? Sadly it’s nothing…. Do you pay people you don’t know to do nothing for you? If you do you got bigger problems…
@juanpablovaca-lago5659
@juanpablovaca-lago5659 3 жыл бұрын
If this is the situaton in the US, imagine being an olimpian from a poor country, you are totally screwed.
@CherryBlossomBlyue
@CherryBlossomBlyue 3 жыл бұрын
Actually a loy of poor countries pay their atheletes. Did you not see the part where the guy said that the U.S was one of the few countries where the government doesn't get involved funding wise.
@jessg101
@jessg101 3 жыл бұрын
This is strange for me. A lot of Indian athletes who participate in the Olympics are given govt/paid jobs and monthly salary is given as soon as they qualify the national team. They also get the benefits from the central govt and also from the state govt of which they are. After they retire at 30, they join the police force or get into govt employments which pay almost well. I am learning a lot of new things about the US system that's just unbelievable.
@pm6127
@pm6127 3 жыл бұрын
@@jessg101 yeah..but the difference is that we don't have basic facilities for many sports.. how are we supposed to compete in water polo or fencing or skating etc with no infra?
@jessg101
@jessg101 3 жыл бұрын
@@pm6127 Well, that's why the indian govt spends 1/3rd of the sports budget on archery. Better facilities are available in Europe and players move there to train. This happened bcz abhinav bhindra was the gold medalist in.2008. Similarly 2016 Dipika became 4th in gymnastic and after that a lot of sponsors paid for her training in US. Sindhu moved to SK for better courts. All these are paid by the India govt with a security of a job. Unfortunately I cannot say those for USA.
@princejangra1231
@princejangra1231 3 жыл бұрын
@@pm6127 Top tier athletes are supported to train overseas Like Neeraj for reference
@mordsythe
@mordsythe 2 жыл бұрын
250 K turns in to 125k real quickly… If you can’t live comfortably on 125k… that’s where the issue begins…
@macktheknifee9301
@macktheknifee9301 Ай бұрын
IOC should be doing a better job making sure the money get to the athletes. The Olympics are a money glitch, the cash is going somewhere, just not to the athlete. Seeing the best of the best relegated to this is sickening to me, as an athlete.
@jefferydebbink282
@jefferydebbink282 3 жыл бұрын
“The USA’s medal bonus is lower than what other nations offer.” Shows Singapore, which currently has won 0 medals in Tokyo games, and Italy, which has 30 medals of which half are bronze so 15. USA has won 79 medals.
@devinhalim5194
@devinhalim5194 3 жыл бұрын
But us goverments don't support their athletes enough for me,even China do much more
@AndorranStairway
@AndorranStairway 3 жыл бұрын
Devin Halim that’s kind of the problem. Scarcity creates value. The entire country of singapore knows Joseph Schooling because he won them their sole gold medal. In the US on the other hand, how many gold medalists can the average person name? Probably just Michael phelps and a couple of others, and that would be it
@Tzyt2345
@Tzyt2345 3 жыл бұрын
@@devinhalim5194 Don’t bring China into the conversation trust me , and no the US I can guarantee does more .
@devinhalim5194
@devinhalim5194 3 жыл бұрын
@@AndorranStairway exactly,US are spoiled Brat of olympic nations 😂😂😂
@devinhalim5194
@devinhalim5194 3 жыл бұрын
@zee exactly,but creating is bigger than just supporting 😂😂😂
@juliandavidac
@juliandavidac 3 жыл бұрын
The funding is a big problem, the cooperative economy could be an answer. BUT as they say in the end, it worth it, because beyond the bills to pay, the sports , the arts and the science is about *being the best version of yourself, finding your own true as a human in the process* my absolute respect to all of them
@Nutty...
@Nutty... 3 жыл бұрын
Shutup child
@zhenyalandyak8258
@zhenyalandyak8258 3 жыл бұрын
no chance ro be the best version if you worry how to finance your work
@juliandavidac
@juliandavidac 3 жыл бұрын
@@Nutty... oh look a troll, how cute
@Nutty...
@Nutty... 3 жыл бұрын
@@juliandavidac oh look a child who wants athletes to be content being broke.
@TheContrarian09
@TheContrarian09 2 жыл бұрын
I can’t remember the last time I’ve watched or even wanted to watch the Olympics. I imagine the views aren’t there; and in entertainment, if the eyes aren’t there, the money’s not there.
@Yosser70
@Yosser70 2 жыл бұрын
Here in the UK we have the Lottery that funds the Olympic competitors, pays for training, travel and pretty much everything, it works very well, we are a relatively small country but now we are always at the top end of the medal table. Saying that, someone playing water polo is never going to make much money because unfortunately, no one is interested in it.
@Zackar299
@Zackar299 3 жыл бұрын
In Indonesia, when you win gold medal in Olympic. You get bonus from goverment USD 400.000, House and money from sponsor.
@luisitox808
@luisitox808 3 жыл бұрын
as an american, i'd have to say that I'm very disappointed on how the us government don't support their athletes properly
@thedefaultuser
@thedefaultuser Ай бұрын
If a sport isn't widely popular globally, it's natural to expect less funding and sponsorship interest. Sponsors need to see a return on investment, so if they can't make money from you, they won't sponsor you. The more visibility you have as an athlete, the more valuable you are in their eyes.
@cspann33
@cspann33 3 жыл бұрын
This was very informative.
@anthonyfn
@anthonyfn 3 жыл бұрын
Then people wonder why "we" are doing bad in the Olympics.
@andyshinnnn
@andyshinnnn 3 жыл бұрын
USA does well every Olympics tho.
@iamnumba1000
@iamnumba1000 3 жыл бұрын
Indeed. In total the U.S has 3x more medals than the 2nd country
@tomservo5007
@tomservo5007 3 жыл бұрын
Antony C, wtf are you talking about, the US does well in the Olympics.
@armygreen7389
@armygreen7389 3 жыл бұрын
Second place behind the most populace nation on the planet? Doesn't sound too bad to me.
@organizedchaos4559
@organizedchaos4559 3 жыл бұрын
Right Singapore is doing great right?
@sabrinawilliams3854
@sabrinawilliams3854 3 жыл бұрын
The untold stories 😞 People expect so much of these athletes and they have no idea what is required or what they go through
@VoiceofAmhara
@VoiceofAmhara 3 жыл бұрын
In Ethiopia Olympians like Haile Gebreselassie are Billionaires.
@Black-lioness
@Black-lioness 3 жыл бұрын
Is our Athletes funded by the government?
@rimun5235
@rimun5235 3 жыл бұрын
In Kenya, pretty sure some of our athletes are rich because they perform well. I notice, they outperform in the diamond league compared to the olympics.
@Habe111
@Habe111 3 жыл бұрын
This is sad, here in Morocco, athletes are supported from their childhood, they don't have to pay for coaches, food, equipment, appartement ... Plus the gold medal bonus is 200k with no tax on it. The US being one of richest countries in the world and still treating its athletes so poorly is a disgrace
@jonathanmccain8646
@jonathanmccain8646 3 жыл бұрын
Why is it a disgrace? Why should I be forced to pay for athletes' luxurious lifestyles?
@louisasmiles
@louisasmiles 3 жыл бұрын
Yeh. They need to be financially supported
@jonathanmccain8646
@jonathanmccain8646 3 жыл бұрын
Feel free to donate.
@jacobreuter
@jacobreuter 3 жыл бұрын
It’s like being a comedian being paid in “exposure” for 7 years
@felicitypelletier1939
@felicitypelletier1939 3 жыл бұрын
Dude if you wanna get paid very well ,, Invest in bitcoin ..you will be making huge dollars in a day.. Invest okay?
@nicolasgomez5207
@nicolasgomez5207 3 жыл бұрын
@@felicitypelletier1939 ...
@RK11111111111
@RK11111111111 2 ай бұрын
I grew up playing basketball, my daughters into swimming. It's been quite a change for me. In boys' basketball even at the lower level's coaches sold tickets. In swimming the coaches look at parents as a primary source of income. It really changes the dynamic of the sport. The coaches aren't looking at, "is the kid talented", but can the parent fund trip to exotic places. It isn't like coaching is a for profit business, but the dynamic is noticeable. Can't afford private lessons don't bother trying out. Though to some degree, coaches in basketball could be downright abusive.
@samiboy1368
@samiboy1368 3 жыл бұрын
I gave up boxing in olympic for exact same reason
@dewiristanti216
@dewiristanti216 3 жыл бұрын
I never though that this will happen in country like the US. 🤔
@certifiedchaos4643
@certifiedchaos4643 3 жыл бұрын
They need to give every athlete at least 5-10k just for making the Olympic team and the Olympic committee needs to pay the winners in addition to the native countries earnings.
@БидонКадыкавич-х2ц
@БидонКадыкавич-х2ц 3 жыл бұрын
And where they gonna get money for that?
@Aerotyler23
@Aerotyler23 3 жыл бұрын
@@БидонКадыкавич-х2ц if they stop fighting wars , they can use that money to pay these talents
@natureblank1401
@natureblank1401 3 жыл бұрын
Yeah then am sure we will have millions of teams. It just doesn't work like that
@Aerotyler23
@Aerotyler23 3 жыл бұрын
Only professional athletes who have trained from a young age and endorsed by their sporting body should get salaries from the government . Not every Tom and Harry gets paid
@AirQuotes
@AirQuotes 3 жыл бұрын
The ioc could easily afford that and more but they won't because they are greedy. It's similar to college sports It's a total scam
@vinodterry2212
@vinodterry2212 3 жыл бұрын
Oh i can completely relate it in india with Cricketers earning more & Hockey being national game , the federal govt was not sponcering the team , the govt of Orrisa single handedly took care of team ! hence after 41 years a Silver medal
@YogeshwarVaithyanathan99
@YogeshwarVaithyanathan99 3 жыл бұрын
My childhood image of USA being the BEST country in the entire world is wearing down day by day.
@Hhhh22222-w
@Hhhh22222-w 3 жыл бұрын
It isn't lol
@mustang8206
@mustang8206 3 жыл бұрын
That's because everyone talks about the problems in the US (because America is the leader of the free world) and ignores the problems in other countries
@daelbows5783
@daelbows5783 3 жыл бұрын
American athletes get paid $37,500 for each gold medal. That is 2x more than places like Canada and Australia. But American athletes mostly get paid through sponsorships. The very best athletes make millions of dollars this way.
@daelbows5783
@daelbows5783 3 жыл бұрын
​@@Channel17961 In video games, you compete for money whereas, in the Olympics, you compete for medals. Also, pro gamers are able to stream themselves training for the big tournaments on sites like Twitch. An athlete can't do the same. Nobody's gonna sit around watching an athlete train.
@varunfedele2529
@varunfedele2529 3 жыл бұрын
I have once seen Mike Tyson calling his medals as garbage and its true, 99% of the sports persons move into random jobs to meet their needs after finishing their sports careers. At least 50% women loose their fertility years to bring laurels to their country. Sport Associations make money, Govt makes money and athletes are the one who are always left behind!!
@carl1095
@carl1095 3 жыл бұрын
Imagine NBA players only making money if they reach the finals.
@KimeramonRocks
@KimeramonRocks 3 жыл бұрын
There is a reason why men "mostly" try to play basketball, baseball, football, and golf here in the USA. For one, those are the ones that get you the most fame as well as the big bucks. Soccer isn't popular enough in USA to get well known. Oh also basketball courts are common enough for anyone to go to.
@kcoker9189
@kcoker9189 3 жыл бұрын
"There's sometimes I don't even have money in my bank account" Maybe I am an Olympic athlete... For reals though this is super sad and it would make more sense to sponsor whoever can do the best instead of whoever can afford it. Imaging the talent and awesomeness we're not even aware of because of this financial barrier. It's times like these I wish I were a billionaire so I could help out
@dbproductions1732
@dbproductions1732 2 ай бұрын
I'm shocked by this. Wow. I can't believe this at all.
@christinem7156
@christinem7156 3 жыл бұрын
why do so few people understand basic economics? supply and demand....
@adamwuilmart
@adamwuilmart 3 жыл бұрын
Comparing price money to Singapore is just not right. They have only won ONE gold medal and five in total since 1948. There are many countries giving lower sums than the US does
@gloriarobinson1869
@gloriarobinson1869 3 жыл бұрын
This vlog is answering the question I was asking myself recently.
@hardiksingh4138
@hardiksingh4138 3 жыл бұрын
Imagine the third world country athletes, facing the same problems (not saying it's easy for these guys) I was shocked to know that a lot of Indian athletes from villages after winning medals say that at least they'll start getting proper electricity, water and hospitals in the their villages ,no wonder why it's so tough for our country to climb up the medal tally
@bluemystic5980
@bluemystic5980 3 жыл бұрын
thats why the gov have now employed them in army and railways
@SamPlautz
@SamPlautz Ай бұрын
If you know the name of an olympion, they arent broke. The ones who are popular have tons of sponsorships and dont have to pay for much. However, for every 1 olympion you know of, there's hundreds you dont that are right next to them in the games but get no money
@NYCfrankie
@NYCfrankie 3 жыл бұрын
Water polo is actually a very interesting sport to watch I bet most people in 🇺🇸 don't know the US women's water polo is the two time defending gold medalists
@choosey87
@choosey87 3 жыл бұрын
You're right
@jadenyuki3138
@jadenyuki3138 3 жыл бұрын
They train to prove the world their good, but honestly they have nothing to prove.
@Hhhh22222-w
@Hhhh22222-w 3 жыл бұрын
They proved they aren't a weeb sitting at home wasting time at least
@distanceman8147
@distanceman8147 2 ай бұрын
Thank ypu Lauren for bringing us this message. This is why i dod not appreciate all ge glam and glitz of the opening ceremony. The bands and rockers made much more than most of the athletes ever will.
@ashleyrocke4144
@ashleyrocke4144 3 жыл бұрын
I understand why it seems unfair that US athletes don't get compensated for winning. I think they should put up some prize money for international competitions that are not the Olympics but other than that, I think it would be really difficult to pay athletes as much as other countries do. The US has a deficit of trillions of dollars and in order to at least not add to that deficit, there have to be some sacrifices. Additionally, while I recognize the adversity that athletes in less-recognized sports face, I also think that you have to be pretty privileged to play a less-recognized sports. Additionally, less-recognized sports have opportunities to compete at the college level, especially in old money colleges at the US whereas athletes in widely-recognized sports mostly don't get that chance at all. Lastly, more widely-recognized sports are much more competitive. They have more participants, allowing their organization to make more money. And (as the video said) they have a much larger audience so companies can realistically sponsor them. After all, sponsorships are for marketing not for charity. I don't think this video does a great job of breaking down, not only why elite athletes are broke, but also why it's not a good idea for people to just throw money at them. Mostly sport-specific governing bodies in the US (such as USA Water Polo and USA Fencing) need better management and marketing. If more interest picks up in a sport then it will get more funding. If you got this far, thanks for reading my "essay" but my main point is that, while it's sad that elite athletes aren't getting paid, the athlete and their parents should know what they're getting into before entering into a niche sport.
@vikalpverma9750
@vikalpverma9750 2 ай бұрын
US is also quite shitty in most cases and not just Olympics, healthcare and paying salary to employees rather expect people to tip.
@Housewarmin
@Housewarmin 2 жыл бұрын
There is SO much strain on families to make their child "the best". Alot of coaches and facilities use predatory tactics to make parents beleive their child is the next Simon Biles.
@markevans8992
@markevans8992 3 жыл бұрын
reality is if you're playing a sport that is not marketable then don't expect to be rich in your sport 🤷‍♂️
@karencisneros2590
@karencisneros2590 3 жыл бұрын
Not rich but at least receive proper help from the government to pay training-related expenses. It's like, you have to invest from your pocket to represent your country? Makes no sense to me.
@Thatsme849
@Thatsme849 3 жыл бұрын
@@karencisneros2590 why would we have to spend taxes on them? They want to play these games so they should fund it themselves. I’m not willing to find someone else’s dream lol
@karencisneros2590
@karencisneros2590 3 жыл бұрын
@@Thatsme849 in that case no medals for your country I guess 🤷🏻‍♀️
@Thatsme849
@Thatsme849 3 жыл бұрын
@@karencisneros2590 fine with me🤷‍♂️
@crosslink1493
@crosslink1493 2 ай бұрын
Nothing new here that I didn't know. Back in my youthful days (about 1978-1984) I was a near-qualifier for the Olympic Trials (marathon), but even the top guys were either college athletes or were able to work training and time off for races into their jobs. Support from sponsorships emerged in the late 1970s, but it was very restricted to training and travel expenses. Even for most of those I knew who went to the Olympics would quit after that single experience and get on with life.
@simonstewart5277
@simonstewart5277 2 ай бұрын
All I’m hearing is “My job doesn’t pay me enough” - welcome to the club
@ssgg23
@ssgg23 Ай бұрын
Yeah I’m not really sure why athletes feel they should be entitled to pay for what amounts to a hobby lmao
@turnleft8645
@turnleft8645 3 жыл бұрын
Food delivery would never be late again
@RJKYEG
@RJKYEG 3 жыл бұрын
Just a nitpick, money that would "come from the US government" would actually be coming from the US taxpayers.
@s_ame1135
@s_ame1135 3 жыл бұрын
If they're representing my country, then might as well give them the support they need. It's better for these athletes to get my tax money than for the goverment corrupting some of it.
@Hhhh22222-w
@Hhhh22222-w 3 жыл бұрын
US government can spend like 1% of the military budget for these athletes at least
@stalin1909
@stalin1909 3 жыл бұрын
ill be more than happy to support our athletes , my taxes are being wasted by idiots in washington DC anyways
@goodboiDEOGIE
@goodboiDEOGIE 3 жыл бұрын
Now, imagine being a olympian....in Brazil
@Smashmund
@Smashmund 3 жыл бұрын
They get more than the US olympians
@alexojideagu
@alexojideagu 3 жыл бұрын
The Uk is now top 3 or 4 every Olympics since 2008 thanks to government funding and per capita the most successful. If you don't do well your sport loses funding. The UK is the biggest success story in Olympic history. From 1 Gold at Atlanta 96.
@cheese-co6np
@cheese-co6np 2 жыл бұрын
Moral of the story - play a sport with clubs such as soccer, basketball etc
@notahotshot
@notahotshot 3 жыл бұрын
Without watching the video I'm going to take a guess... Is it because most of them have a very narrow skill set, which is not highly marketable in day to day life, and therefore does not lead them to highly lucrative careers, leaving them to vie for the limited number of endorsement deals from corporate sponsors? Resume: I can run really fast. Prospective employer: "Ok, and?"
@jimmybindra
@jimmybindra 3 жыл бұрын
Quite crazy ..and we think everything is hunky dory in the US 😅😅
@LeoMartinezskates
@LeoMartinezskates 2 ай бұрын
As a professional skateboarder having to do everything to everything to keep my career going…. It’s so hard living your dream carrying so much weight.
@mesteme
@mesteme 3 жыл бұрын
Marcell Jacobs, the Italian athlete who won the 100m is in the State Police and is fully supported by their sports program, he does not actually do police work and only has to train.
@waleeeedc
@waleeeedc 3 жыл бұрын
Europeans doing it better than the "Greatest country in the world" again.
@ems7623
@ems7623 3 жыл бұрын
Why do Americans in the business world constantly need to be told that paying athletes, artists and all kinds of people with skills that aren't directly profitable need an income and benefits to do what they do? If you want to live in a society with nice things in it, you have to pay for it.
@adlirez
@adlirez 3 жыл бұрын
Yeah but sometimes the prices are ridiculous and could even soil the luster of making it. Struggles along the way don’t always make making it to the end more rewarding.
@skfoto3942
@skfoto3942 2 жыл бұрын
Managing stress and to overcome it and succeed is a task .
@hvwj86
@hvwj86 Ай бұрын
Olympic athletes just like any job we’re all had. Don’t be jealous folks. Good for the athletes who get sponsorship. 🤭🤭🙏🫡
@gummy5862
@gummy5862 3 жыл бұрын
This is why most athletes in "niche" sports seem to always have a supportive, loving family. A big portion of their livelihood as a world class athlete depends on their families' assistance to make their dreams possible.
@fauxdauteur
@fauxdauteur 3 жыл бұрын
You are absolutely correct. That's like an unspoken requisite right there. You can be a kid with the biggest dream in the world to win an Olympic gold medal for this country, but without a supportive family or connections, it's virtually impossible. That is probably why the majority of participants of these niche sports are white and live in neighborhoods where something like fencing or archery classes are readily available.
@tenkowski
@tenkowski 3 жыл бұрын
One super supportive family member can make all the difference for a young athlete to grow into an Olympian, it's incredible. A whole supporting family is even better.
@aaronalegria1239
@aaronalegria1239 3 жыл бұрын
@@fauxdauteur seems to be a reason to provide that for your kid..
@jca66
@jca66 3 жыл бұрын
@@fauxdauteur I was just having this exact conversation with my wife. It true that a lot of talent goes un realized because of hardship.
@Steven-ro6os
@Steven-ro6os 3 жыл бұрын
@@fauxdauteur Where are fencing and archery classes "readily available" anywhere? The vast majority of participants are going to have to travel to seriously partake in these sports. Also, the reason the sport is niche is because almost nobody partakes compared to other sports, not really because of racial barriers. Black people aren't even underrepresented in fencing. in Rio, they had 5/24 =20% black vs ~18% of the population overall being black. The USA track team and basketball team are very over represented with regards to black competitors. So much so, that just across those those disciplines, they right about make up the ~18% representation in the US Olympic team that would be normally seen in society. Seeing as they aren't really being paid, socioeconomic opportunity doesn't seem to be the hindrance in this case. So, black people are actually over represented in the US Olympic team. Like I said, it's culture more than anything else. Hockey is a Canadian dominated sport. Archery is an Korean dominated sport. Distance running is a Kenyan/Ethiopian dominated sport. Trail running is a European dominated sport. That's just the way the cookie crumbled with regards to the sports people chose to partake in. Getting into any sport and being able to compete at the Olympic level requires a high amount of privilege and money, especially in sports like track (especially sprinting and running events), boxing, and basketball, which are undeniably HUGE in black culture, are gear dependent, require local access to a track/gym/court, and have very high incidence of injuries when compared to other sports (which entails more being spent on physio/massage therapy/medication/surgery/etc). That's not to say that there aren't additional barriers for black people in society, but rather that this doesn't seem to be the issue in this case... at all.
@FinancialShinanigan
@FinancialShinanigan 3 жыл бұрын
Like essential workers, Olympians get paid with cheers and claps.
@chelseagirl278
@chelseagirl278 3 жыл бұрын
That doesn’t pay the bills
@chelseagirl278
@chelseagirl278 3 жыл бұрын
@Bipin Bhartola that sarcasm hurts Olympians
@notahotshot
@notahotshot 3 жыл бұрын
@@openmind2546 "Any job is essential to the person who depends on it..." Yeah, but that doesn't make them an essential worker. Essential worker specifically refers to those who are essential for the continued functioning of society. Fire and Rescue, Medical workers, transportation workers, farmers. These are essential workers, because they provide services that are essential to society. Fast food workers, hair stylists, barbers, movie theater employees, are not essential workers, even if those jobs are essential to the individual, because these services are not essential to society.
@josiev9906
@josiev9906 3 жыл бұрын
Play a sport that generates revenue and you won’t have a problem
@eidokun
@eidokun 3 жыл бұрын
So true 😕
@Just-SomeGuy
@Just-SomeGuy 3 жыл бұрын
The government be like, “thanks for giving our country all the glory and bringing in tourists to help make us money. Here’s a pat on the back.”
@krodax3639
@krodax3639 3 жыл бұрын
How exactly does a gold medalist pony rider or whatever these sports are, bring glory or even tourists to a country? Your tax money is going towards funding these athletes passion, well my passion is traveling around the world, please pay for my trips with your tax money! Edit: I will even carry around a little swiss flag to bring fame and glory to my country!
@jamiengo2343
@jamiengo2343 3 жыл бұрын
@@krodax3639 you don’t think Usain Bolt brought glory and recognition to Jamaica?
@rajivkothur6407
@rajivkothur6407 3 жыл бұрын
@@krodax3639 🤦🏻‍♀️
@KRuStyKxng
@KRuStyKxng 3 жыл бұрын
@@krodax3639 you have probably made the dumbest comment of the day.Congrats 🤡🤡
@rickwar0
@rickwar0 3 жыл бұрын
@@krodax3639 You and I need to go bowling sometime. I love the way you think.
@veevee411
@veevee411 3 жыл бұрын
I like that they highlighted the USA Women’s Water Polo team. They just won their third CONSECUTIVE gold medal in Tokyo, and Maggie Steffens is the top scorer in Olympic WWP history. She is a living legend of the sport at only 28. For them to be earning so little while being literally the best in the world is a travesty.
@cassidyg
@cassidyg 3 жыл бұрын
YES GO WATER POLO!
@AnthonyDavis-kh7zd
@AnthonyDavis-kh7zd 3 жыл бұрын
How much money do you think women’s water polo brings in lol
@adampalmer5399
@adampalmer5399 3 жыл бұрын
I agree the 2 sports that I always follow is Water Polo & Beach Volleyball 🏐
@KimeramonRocks
@KimeramonRocks 3 жыл бұрын
It is kind of because nobody cares about water polo and it is one of those sports that you can't even play unless you go to a high school that has a pool (only ones I know of in Kentucky are private Catholic schools for example) and... I don't even think I get a channel on TV that airs water polo. Water polo is just too niche to bring in the viewers. Well diving and swimming bring in viewers but only for the olympics... well thats true for most of the olympic competitions... perhaps they can earn more money if they play in the water polo version of the NBA/NFL, etc.
@rem145
@rem145 3 жыл бұрын
Water polo and the volleyball players. They went through a lot to make it. Someone should notice this
@sarthakjain1824
@sarthakjain1824 3 жыл бұрын
Damn i always thought they are well paid for representing their country and their hardwork
@rooftopmunda
@rooftopmunda 3 жыл бұрын
Same
@Xyz99899
@Xyz99899 3 жыл бұрын
Not in the U.S.
@williamcunninghammorrison3894
@williamcunninghammorrison3894 3 жыл бұрын
@@Xyz99899 not in India either
@avisheksinha7070
@avisheksinha7070 3 жыл бұрын
Olympics is a sporting corporate. And we all know what happens in a corporate. The bosses drive Maybach.. and come down at the bottom to see workers (athletes here) struggling to survive. .
@Sorcerers_Apprentice
@Sorcerers_Apprentice 3 жыл бұрын
It's all or nothing. If you win and look good on camera, you can get multi-million dollar sponsorship and endorsement deals. If not, it's DoorDash and McDonald's gigs.
@paolabueso
@paolabueso 3 жыл бұрын
I’m so glad people are talking about this situation. It’s super tough for these amazing athletes.
@tomservo5007
@tomservo5007 3 жыл бұрын
so what ? They don't sell tickets consistently
@AngryBerb
@AngryBerb 3 жыл бұрын
@@tomservo5007 You must have missed the part of the video where it said the CEO of the gymnastics organization makes 1.2 million a year. The money is there, but the athletes who do all of the work aren't getting any of it. There are no Olympics without athletes.
@tomservo5007
@tomservo5007 3 жыл бұрын
@@AngryBerb you think trainers, logistics is not work ? Without these people there would be no Olympics either
@organizedchaos4559
@organizedchaos4559 3 жыл бұрын
@@AngryBerb great, I hope your attitude of that translate to workers too
@KarelKCZ
@KarelKCZ 3 жыл бұрын
@@AngryBerb Also in the video she says that in gymnastics there is a lot of money, but the small sports are what struggles the most which makes sense, you have to look at athletes as actors and sports as the movies they appear in, if you don't go watch that movie the actors wont get paid as much... who cares they are good at that sport if no one watches it... in the end they are there just to entertain people and Olympics continue just to make huge amounts of money from TV deals
@jungookookie413
@jungookookie413 3 жыл бұрын
I cant believe world class athletes from a country as big and prosper as the USA doesn’t get government funding. Even developing countries fully support their athletes at the Olympics.
@DaBoss-lj8pn
@DaBoss-lj8pn 3 жыл бұрын
That’s great for us. Can’t believe there’s so many idiots who want to take money from homeless people to fund athletes
@churblefurbles
@churblefurbles 3 жыл бұрын
and they shouldn't, government wastes enough money already. A games which puts cities into massive debt spreading its damage across the world every 2 years isn't worth having.
@yoonjeongsoo9378
@yoonjeongsoo9378 3 жыл бұрын
because there's no reason to. I personally think it's weird to support olympic athletes with government funding.
@DaBoss-lj8pn
@DaBoss-lj8pn 3 жыл бұрын
@@churblefurbles I agree. I love the olympics but unless they don’t do it off of something other than taxpayer money, I can’t approve.
@romiarkan450
@romiarkan450 3 жыл бұрын
And it shouldn't have to be. For these athletes to make money off their own sports year round there needs to be competion that people have access to spectate. No need to wait until it's Olympics/World Cup/World Championship season for these guys to get paid if they have their own professional leagues to compete in. We just have to watch those leagues so these guys can get paid.
@bobbyv369
@bobbyv369 3 жыл бұрын
Imagine being an athlete in an undeveloped country.
@cwhiting
@cwhiting 3 жыл бұрын
They pay more than the us
@indrajith2460
@indrajith2460 3 жыл бұрын
@@cwhiting thats only if you consider the US a developed country. With all I've learnt about the US so far it seems like a glorified developing country
@mauriciofuentes3763
@mauriciofuentes3763 3 жыл бұрын
@@cwhiting they don’t
@itgamingke
@itgamingke 3 жыл бұрын
@@cwhiting they don't
@Redsoxking
@Redsoxking 3 жыл бұрын
@@indrajith2460 okay hater
@Laurenafenete
@Laurenafenete 3 жыл бұрын
I saw the pile of sabre fencing kit and was like of course fencing is featured here Fencing is so expensive 😭
@costanikols8
@costanikols8 3 жыл бұрын
Actually most of the over head cost for fencing comes from tournament costs and traveling. Like a full set of clothes of the best gear costs around $1000 which in comparison to other sports isn't to bad. You have some stuff that breaks (the fencing blades) but typically if you're fencing 5 to 6 days a week throughout the year you're only paying around $1000 for brand new equipment all including shoes blades gloves ect. A solid 70% of a person's fencing budget typically ends up going to club costs (coaching and paying for a specific gym to fence at) and traveling fees having to pay a couple hundred bucks for a plane ticket here then there.
@Laurenafenete
@Laurenafenete 3 жыл бұрын
@@costanikols8 I know I fence
@costanikols8
@costanikols8 3 жыл бұрын
@@Laurenafenete so do I, but saying the kit itself is what makes the sport expensive is kinda misleading. Fencing in relation to most other sports isn't that much more expensive in the realm of sports. Sports in general are expensive to compete in and singling out fencing just hurts the sports growth in a way where most people are just going to assuming that there's no way they'd be able to afford it.
@Laurenafenete
@Laurenafenete 3 жыл бұрын
A lot of people can't its a hard sport to get into especially for beginners who want to really get into it e.g. buy kit, start competing, finding a local club In my og comment I was just commenting on the pile of sabre kit in the video I get exited when I see sabre featured its my weapon I would love more people to get into fencing especially sabre which isn't usually featured when there are general videos about fencing and do I still love fencing even with the drawbacks yes but I am definitely not going to hide the fact that fencing is a hella expensive sport and has multiple barriers of entry whether it's accessibility of local clubs, constantly buying kit because something broke or fie changed the rules or the travelling
@113uineo
@113uineo 3 жыл бұрын
@@Laurenafenete why kendo is not there in olympics ,fencing looks boring
@TheBigAmericanMarkeithPrice
@TheBigAmericanMarkeithPrice 3 жыл бұрын
This is the harsh reality. It’s tougher for Paralympic athletes to.
@jimmybindra
@jimmybindra 3 жыл бұрын
true, eh! One can imagine ..we feel you bruh!
@ReverendKeven
@ReverendKeven 3 жыл бұрын
They get money from the government tho
@ChillinHD
@ChillinHD 2 жыл бұрын
@@ReverendKeven Disability checks? lmao good one
@Rod.Machado
@Rod.Machado 3 жыл бұрын
no wonder why china is catching up with the quality of athletes, alot of unlocked potential in the US, steeered away due to lack of financial support.
@KimeramonRocks
@KimeramonRocks 3 жыл бұрын
china has those training facilities, unlike America, where the athlete basically has to pay for things out of his/her own pocket.. unless their job is literally competing (such as major league athletes or movie stars such as Chris Hemsworth) and they don't have "a main job".
@Abhil295
@Abhil295 3 жыл бұрын
Inspite of that the US tops the gold medal tally in the summer Olympics. Big shout out to the US Olympians.
@sto1238
@sto1238 3 жыл бұрын
Yea they pay their athletes tons of money. They’ve pumped millions into their Olympic program
@theraccoonasaur3282
@theraccoonasaur3282 2 жыл бұрын
Probably because China has way more people
@aena5995
@aena5995 2 ай бұрын
no its cuz of those crazy helicopter parents
@aksharsolanki328
@aksharsolanki328 3 жыл бұрын
Imagine these players trying to make ends meet sustain injuries. Not only they have to pay for it but would even lose sponsors.
@yugen3968
@yugen3968 3 жыл бұрын
& pay 50 grand for a CAT scan lol. It's risky getting injured in the US of A.
@Dflowen
@Dflowen 3 жыл бұрын
@@yugen3968 it why part of their budget calculation goes to buying a health insurance. Also the lack of understanding what is and not covered will make your wallet a "lighter". Lol. Best thing.... "Don't Get Hurt" and you will be a-okay.
@ttt9618
@ttt9618 3 жыл бұрын
@@yugen3968 here cat scan is like 200 dollars max.
@yugen3968
@yugen3968 3 жыл бұрын
@@ttt9618 We have our own problems, like Docs are underpaid, but yeah. I get it for free, cz my mother works there lol
@whwallfly3437
@whwallfly3437 3 жыл бұрын
Imagine people taking personal responsibility for their lives, not demanding a Fed Govt solve every human problem. Wow, sorta how USA was designed. Maybe read Federalist Papers and pay your own way in life?
@leftright8724
@leftright8724 3 жыл бұрын
Unless you play for a major league(basketball, soccer, etc) or you are so dominant in your sport that you are able to attract major sponsorships and endorsements, you are not going to be a wealthy Olympian.
@fanzhang5568
@fanzhang5568 3 жыл бұрын
Yeah it’s also a bit by design, since Olympics is meant for “amateurs”, in that sense the competitors should have other jobs and careers out side of the sport. But I feel qualified athletes should at least have their training related expenses paid.
@spaceodyssey6004
@spaceodyssey6004 3 жыл бұрын
Yes
@spaceodyssey6004
@spaceodyssey6004 3 жыл бұрын
In India, Olympic Participants are fully sponsered and rewarded, and if they get a medal they get 6crore INR+ ie.60 million dollars+
@Thanos-hp1mw
@Thanos-hp1mw 3 жыл бұрын
@@spaceodyssey6004 bruh 6 crores is only 1 million $. Probably even Micheal Jordan didn't get 60 million dollars in one go. Money doesn't fall from sky. Even Virat kholi or MS Dhoni don't earn that much money.
@Thanos-hp1mw
@Thanos-hp1mw 3 жыл бұрын
@@spaceodyssey6004 we don't reward olympiad who only participate. To get that ₹ 6 crore that is $1 million cash prize, the athlete must win at least a bronze. And we barely win the many medals anyway. That's why it's doable.
@Kenny02120
@Kenny02120 3 жыл бұрын
as a Team USA athlete for a small, unpopular Olympic sport (Canoeing) who has been trying to make the Olympics for the last 10 years, this hits really close to home. we make $0 from our NGB and Olympic committee because of how unpopular our sport is UNLESS you are on the podium. but how do you make the podium if you can’t make any money to support your training? it’s the ultimate catch 22
@RK-bj8ho
@RK-bj8ho 3 жыл бұрын
Can't you make money from canoeing classes, training service for kids etc .... just because you like some sports, govt should fund you is it ?
@hsvxidhejdb
@hsvxidhejdb 3 жыл бұрын
@@RK-bj8ho true
@Kenny02120
@Kenny02120 3 жыл бұрын
@@RK-bj8ho some people coach on the side to make money. but the problem is if we train 8 hours a day and then you need to work 8 hours a day just to make enough money to break even, then include 2-3 hours for commuting and food - there’s no way to sustain that over time. a lot of athletes will try and work in conjunction with training, but the sad reality is 98% of athletes will not be able to have quality training sessions/reach their fullest potential as an elite athlete.
@RK-bj8ho
@RK-bj8ho 3 жыл бұрын
@Elias Håkansson the ad revenue belongs to who ? the host nation is investing billions in infrastructure ..... usually olympics are loss making events for the host nation and justified as PR / propaganda
@wizzotizzo
@wizzotizzo 2 жыл бұрын
Damn.
@emekaakude6448
@emekaakude6448 3 жыл бұрын
So sad after all that much effort!
@ferpz968
@ferpz968 3 жыл бұрын
olympians should get a little more recognizion finacial wise
@SevenHunnid
@SevenHunnid 3 жыл бұрын
I get paid to smoke weed in my KZbin videos 🥶🥶💨
@TRENDING-lk3ke
@TRENDING-lk3ke 3 жыл бұрын
@@SevenHunnid who tf are u 😂😂😂
@mr-black-sheep
@mr-black-sheep 3 жыл бұрын
They chose to make the effort.. paying someone to live his dreams is beyond me.
@JuliusUnique
@JuliusUnique 3 жыл бұрын
but they have fun doing it, are you kidding me?
@gabeguzman9478
@gabeguzman9478 Ай бұрын
Its crazy how people like snoop dogg made like $500,000 off the Olympics and all these other celebrities are making profit off of this yet the actual athletes dont unless they win medals
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