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The Payoff From Winning an Olympic Medal
Study Details
- Authors
- Victoria Blackburne-Daniell
- Published
- 08/08/2012
- Citation
- Black, Victoria. 2012. The payoff from winning an Olympic medal. BusinessWeek.com (August 8): http://www.businessweek.com/articles/2012-08-08/the-payoff-from-winning-an-olympic-medal
When Kellogg stamped Gabby Douglas’s hard-to-forget smile on a box of corn flakes, the company kicked off a string of endorsement deals that will likely make her millions. But even without sponsors, the 16-year-old gymnast will leave London with $50,000, which is what pair of gold medals is worth in her home country.