Training for the Olympic circuit is a full-time job, but some athletes make time for part-time gigs. She has signed endorsements for Cover Girl and Subway. He went through surgery and was under rehabilitation for months. Gymnasts must train hard to excel at their sport, and here are some of the highest-earning gymnasts in the world. Here's how athletes make ends meet. She is now the second-most decorated American gymnast, with Simone Biles having recently taken over her crown. But had he skated half a second faster to finish third, he would have secured a spot on the podium and a monthly stipend that was hundreds of dollars higher, he says. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. At age 14, she moved to Iowa and lived with a host family to start formal training with Liang Chow. She and her husband are now members of the Board of Directors of the Special Olympics. He re-signed with the Toronto Raptors for $139 million over five years, which was the second biggest NBA contract ever when it was signed (it now ranks third). And Olympic medalists win prize money from the U.S. Olympic Committee. She won 10 medals in World Championships, making her the 3rd most decorated American in gymnastics history. Conner is a retired Olympic gymnast from America. Sacramone is another retired artistic gymnast from America. She has a clothing line at J.C. Penney, Supergirl by Nastia. When evaluating offers, please review the financial institution’s Terms and Conditions. She is the very first African to win individual all-around champion in the history of the Olympics. The other highest-paid players on the U.S. team are Carmelo Anthony ($30.9 million), Kyrie Irving ($27.6 million) and Paul George ($24.1 million). (Photo: ANDREJ ISAKOVIC/AFP/Getty Images). Miller is yet another American artistic gymnast retiree. All financial products, shopping products and services are presented without warranty. You want it to just be about the competition. In 1984 her knee was injured during training and she had surgery just 5 weeks before the 1984 Summer Olympics but managed to recover enough to bag the all-around gold medal beating Szabo in just 0.05 points. Bean and Kashi. In addition to cleaning houses and busing tables, freestyle skier Jaelin Kauf has raised more than $6,650 on the athlete crowdfunding site RallyMe. This is called APA, or athlete partnership agreement. Some notable books she has written are Grace, Gold and Glory: My Leap of Faith (2012), and Raising the Bar (2013). She won her 3rd American cup in 1985 before retiring in 1986. Thirty hours of training are required every week. Our partners compensate us. Biles is an artistic gymnast from America. If a swimmer does qualify for funding, they will receive a little over $3,000 a month from the US Olympic Committee, which is about 40 thousand dollars a year. Here are the 10 highest paid gymnasts. She won a total of five gold medals and seven perfect 10 scores at the Olympics. his primary backer thanks to a 10-year deal struck in 2014 worth as much as $300 million. She is outstanding in executing difficult movements. But for most athletes, competing isn’t about the money. But ... you slip, or just have some little thing go wrong, and it’s hard to eat for several months.”, Monitor your finances with NerdWallet to meet your money needs, Side hustles and crowdfunding fill in the gaps, Training for the Olympic circuit is a full-time job, but some athletes make time for. Shewfelt is a gymnast from Canada. At the age of 14, she began competing and won at the American classic, junior vault category. But ... you slip, or just have some little thing go wrong, and it’s hard to eat for several months.””. Two-time Olympic cross-country skier Sadie Bjornsen worked as a nanny early in her professional skiing career. They got the rock star treatment in Spain and won their games by an average margin of 44 points. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. She has a lot of board affiliations to various foundations across the country. NerdWallet shows you where your money goes and makes managing your money easy with a single view of your finances. Pre-qualified offers are not binding. Please help us keep our site clean and safe by following our, Prevent identity theft, protect your credit, The difference between term and whole life insurance, How medical conditions affect your life insurance rate, Finishing fourth place in the 500-meter speed skating race at a key 2017 world championship competition earned. Esther Williams (swimmer) was to be in the 1940 Olympics and probably 1944 Olympics, both of which were cancelled due to World War II. She is the first gymnast to ever be given a perfect score of 10.0 in the 1976 Olympic Games. And more than 1,000 campaigns come up on crowdfunding site GoFundMe when you search “2018 Olympics.”, » MORE: How to save money: daily, monthly and long term. She is the 2008 Olympic all-around champion. She is also the spokesperson of Team 24 Fitness. A gold medal certainly helps as well. The shooting guard made $9.5 million with the Raptors last season, but will almost triple that to $26.5 million in 2016-17. He attained a gold medal at the Athens Olympics in 2004. First-time Olympian in bobsled Chris Kinney works remotely in a social media and marketing role for the Industrial Scaffolding Committee, an organization that provides training and certification for industrial builders. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. She won four gold medals at the 2016 Rio Olympics, which put her winnings from the Olympics 2016 at $110,000. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. She has also launched a series of books about a healthy lifestyle. Here's how some Olympians competing in the 2018 Pyeongchang Games are making ends meet. She has a Lifetime biopic film entitled The Gabby Douglas Story and a reality television show called Douglas Family Gold. Whitmore and many other Olympians are stretched thin financially, often footing hefty team fees and travel expenses. The U.S. Olympic team includes only three of the top 12 earning NBA players over the last 12 months with LeBron James ($77.2 million), Kobe Bryant ($50 million), Derrick Rose ($34.1 million), James Harden ($32.8 million) and Dwyane Wade ($32 million) all not in Rio. Competing is an honor — and, for many athletes, a financial burden. She is considered the greatest gymnast in history. The U.S. was a perfect 5-0 in group play, but surprised many with three straight close games. Her extraordinary skills are genetic since her parents were prominent gymnasts in the Soviet Union. He almost qualified for another medal, but he didn’t receive it because of controversy during judging. The Laureus World Sports Academy recognized her as one of the Athletes of the 21st Century.
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