Djokovic, Alcaraz, and Swiatek chases the Olympic glory, how much money does the gold medalist earn?

Novak Djokovic, Carlos Alcaraz and Iga Swiatek remain the top stars still in contention for a gold medal at the Olympic Games. So what is the prize money they will get if they win?

The International Olympic Committee (IOC) does not award prize money to any athlete competing at the Games, while the ITF does not reward players either, so they are bound by the decisions of their own federations in their countries.

In April, World Athletics announced that it would be the first sport to offer cash prizes to medalists in the history of the Paris 2024 Olympics. However, no other sports have yet joined. Earlier this year, 18-time Grand Slam champion Martina Navratilova argued in favor of athletes being offered a medal reward.

“The Olympics have always been the biggest sports event and the athletes were the only ones not making money,” the former world No 1 said at the Laureus World Sports Awards. “Everybody was making money but the athletes. So I’m glad that’s changing because for some countries that’s a massive amount of money.

“For some of them it’s a drop in the bucket, but for some of them it’s a step in the right direction. Why shouldn’t they make money? Being a top athlete now is a full-time job. The days of amateurs have gone.”

Although the IOC or the ITF do not currently contemplate awarding monetary prizes, most countries do award a monetary prize to their athletes who win medals in individual sports.

For example, Novak Djokovic could receive more than 200,000 for winning gold, one of the highest amounts a government offers for gold in tennis. In addition, Serbian athletes who win a gold medal are eligible for a national pension from the age of 40, which is paid on a monthly basis.

Another country with a high prize is Italy, which gives 196,000 for the gold medal, something that Lorenzo Musetti can still obtain in the men's draw, as the only Italian still competing in singles. In the case of Spain with Carlos Alcaraz, the gold would give him just over 100,000 dollars while Swiatek in Poland would get 82,000 dollars.

Here you can find the rest of the list of prize money offered by the countries to their tennis players in case of winning Olympic medals:

Serbia – $218,000 for gold

Italy – $196,000 for gold; $98,000 for silver; $65,000 for bronze

Ukraine – $125,000 for gold

Czech Republic – $103,000 for gold

Spain – $102,000 for gold, $52,000 for silver, $33,000 for bronze

France – $87,000 for gold; $43,000 for silver; $22,000 for bronze

Poland – $82,000 for gold

United States – $37,500 for gold; $22,500 for silver; $15,000 for bronze

Japan – $32,000 for gold; $13,000 for silver; $6,000 for bronze

Germany – $22,000 for gold; $16,000 for silver; $11,000 for bronze

Australia – $13,000 for gold; $10,000 for silver; $7,000 for bronze