Here’s how much Simone Biles will earn for Paris Olympics
The amount pales in comparison to the earnings she’s reportedly made in endorsements, but Biles will bring home some considerable cash.
PARIS, France — Simone Biles will be leaving Paris with four more medals and a six-figure paycheck.
The American gymnastics star led Team USA to gold in the women’s gymnastics team event, then won the individual all-around and the vault final. She capped it all off with a silver medal in the floor exercise.
The four medals she won in Paris brings the 27-year-old up to 11 total medals across her Olympic career.
While U.S. athletes aren’t specifically paid to compete at the Olympics, the U.S. is one of the countries that provides bonuses for winning medals.
In Tokyo, the U.S. Olympic and Paralympic Committee gave out $37,500 for each gold medal, $22,500 for each silver medal and $15,000 for each bronze medal earned at the Games. Those numbers vary from country to country, and not every country awards bonuses to medal winners.
Based off those numbers, Biles will earn a $135,000 bonus for winning her three gold medals and one silver medal in Paris.
That amount pales in comparison to the $7.1 million Biles made in 2023, according to estimates by Forbes – which found the vast majority came from endorsements.
Is Simone Biles retiring?
Biles proved in Paris that at 27 she still remains in a class by herself. On Monday, she finished up her last two events at the 2024 Summer Olympics, but was that the last time she’ll compete on the world’s biggest stage? We’ll have to wait and see.
After the vault final on Saturday, Biles didn’t rule out a return to the Games when they move to Los Angeles in 2028.
“Never say never,” Biles said. “Next Olympics are at home. So you just never know. I am getting really old.”
After earning a silver medal in the floor final, Biles now has 11 career medals and is tied with Czechoslovakia’s Vera Caslavska for the second-most medals by a female gymnast in Olympic history, trailing only former Soviet Union great Larisa Latynina’s 18.
Credit: AP
Simone Biles celebrates after completing her routine in the women’s artistic gymnastics individual floor exercise finals at the 2024 Olympics.
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