As the Olympic Games proceed in Tokyo, the athletes’ rigorous coaching and dedication to their respective sports actions is clear—but what’s much less certain is precisely how a lot an Olympian makes while competing. In a recent video on his YouTube channel, dilapidated skilled boxer Steve Jeffries, who won a bronze medal at Beijing 2008, breaks down exactly what his earnings appeared worship as an Olympian, from his time spent coaching and qualifying for the Games, to competing and making it to the rostrum.
He explains that boxing used to be even handed as an amateur sport at the Olympics for a protracted time, and handiest began to earn funding within the UK from 2000 onwards, after British heavyweight Audley Harrison won a gold medal in Sydney. Then money began to be invested in coaching camps, the set up younger warring parties shall be given an allowance.
“We didn’t affect that a lot money except we licensed for the Olympics,” says Jeffries. “Main as a lot as it, we may maybe presumably well presumably earn a cheque of £500 ($694) every three months, except you earn onto the attain program, that’s after they no doubt look for the skill in you qualifying for the Olympic Games.”
From that point on, the cheques became month-to-month, and the quantity will increase as warring parties open to toughen. “You wanted to be the number 1 or two fighter to earn any form of funding at all,” he says, explaining that he and his peers stepped up their coaching two years ahead of the qualifiers and had been in actuality at the coaching camp “paunchy-time.” This came with a limited elevate in earnings; around £790 ($1,097) per month, to boot to all dawdle, lodging, food, medical and coaching prices. Jeffries recalls he also had two share-time jobs at present.
As soon as Jeffries licensed for the Olympics, that stipend went as a lot as £2,000 ($2,780) per month, plus prices, with extra incentives promised within the tournament that he won a medal: a hit gold would affect a fighter £20,000 and silver shall be £10,000. A bronze medal, which Jeffries ended up a hit, used to be fee £5,000, and he worn that to procure his teammates on vacation to Ibiza after the Games.
“It used to be money effectively spent,” he says.
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