news letter Our mobile application

Weekly newsletter

Rio 2016: Hungary’s Gold Medalists To Receive €112K In Prize Money

Tamás Székely 2016.07.29.

Hungarian Olympic athletes who bring home a gold medal from Rio de Janeiro will receive 35 million forints (approx. EUR 112,000) in prize money from the state of Hungary, the tabloid Bors reported.

Bye ?? Hello ?? #roadtorio

Iron Lady (@hosszukatinka) által közzétett fénykép,

Hungary’s swimming icon, Katinka Hosszú, left for Rio on Wednesday

Silver medalists will get 25 million forints and bronze medalists 20 million, the paper said. Athletes who place within the top eight will all receive cash bonuses with 7th place finishers getting 4 million and those finishing eighth getting 2 million forints. This means prize money allocations this year will remain unchanged from 2012, Bors said.

The tabloid paper added that while in the past, athletes were awarded prize money only for their three best results, Olympians in Rio will be awarded for all of their results.

via hungarymatters.hu and MTI