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How much does a gold Olympic medal generate for Dutch winners?

August 10, 2021
Bronze medalist and boxer Nouchka Fontijn at Schiphol airport with parents and dog. Photo: Remko de Waal ANP
Bronze medalist and boxer Nouchka Fontijn at Schiphol airport with parents and dog. Photo: Remko de Waal ANP

The Dutch Olympic committee NOC*NSF will be forking out over €1m in bonuses to the Netherlands’ medal winners this year, the AD reported on Tuesday.

An individual gold medal generates €30,000 for the winner, a silver €22,500 and bronze €15,000, the paper said, pointing out that up to half that amount will actually disappear in tax.

But the more medals a sportsman or woman wins, the less bonus they get for each subsequent medal. So Sifan Hassan, for example, will get €30,000 for her first gold, €15,000 for her second and €5,000 for her bronze.

Cyclist Harrie Lavreysen, who also picked up two gold and a bronze medal, will earn less than Hassan because team medals result in a lower payout. The 16 members of the women’s hockey team, which won gold, will each get €11,000 while the rowing team members will get €15,000 per person.

The Netherlands finished seventh in the Olympics medals table and was the highest ranked EU country with 36 medals in total.

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