How Olympic athletes make money after winning medals

Being an Olympic athlete can lead to a lucrative career — if you’re able to leverage glory into sponsorships.

“While the income of these athletes is paltry in comparison to even the league minimum of football, baseball, whatever, the percentage of their income that is incident to marketing and dependent upon public relations is dramatically higher,” Octagon’s Olympics and Action Sports Managing Director Peter Carlise told Yahoo Finance. “The only source of income for most Olympic…


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