Gold Standard

Tracking Olympic cash flow in the run-up to London

Jul 18, 2012
Outside Magazine


$710: Value, by weight, of a 2012 gold medal (made of 92.5 percent silver and plated with six grams of gold)

$742,367: Annual salary, plus bonuses, earned by U.S. Olympic Committee CEO Scott Blackmun

$25,000: Amount the USOC paid to American athletes for each gold medal won in Beijing (for a silver, $15,000; for a bronze, $10,000)

$272,500: Amount Indonesia will pay each of its gold medalists in London

$1 MILLION: Bonus check Speedo cut to Michael Phelps for winning eight golds in Beijing

$5.3 MILLION: Phelps' reported endorsement income last year

$0: Endorsement earnings for the eight women in the gold-medal-winning U.S. crew boat at the Beijing Olympics

$6.1 BILLION: Public debt the city of Barcelona incurred hosting the 1992 Games

$14.6 BILLION: Cost of staging the London Games