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Category: The Money Smart Olympic Athlete

Is there a way to pursue an Olympic career and still be able to pay the bills?

Is there a way to pursue an Olympic career and still be able to pay the bills?

By Constantinos Massonos, Contributor  More than 10,000 athletes from all over the world have competed in the last Summer Olympics with the dream of winning a gold medal. While a small fraction of Olympians seizes the opportunity and becomes rich and famous following their dream, the majority is faced with the harsh reality of struggling to make ends meet on the road to the games. Getting a moment in the spotlight every four years, comes at a great cost: years of expensive training,…

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THE MARKETABILITY OF OLYMPIC ATHLETES

THE MARKETABILITY OF OLYMPIC ATHLETES

By Andreas Themistocleous, Contributor I probably don’t need to say this, but the Olympic Games are by far the greatest sporting event in the world, all matters taken into account. It embodies the values, principles and spirit of sports, as the world has come to know. Perhaps its greatest disadvantage, being held every four years, is at the same time its greatest asset. Once every four years, the greatest athletes come together to compete in a once-off opportunity for sporting…

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Problems faced by athletes who chase the Olympic glory

Problems faced by athletes who chase the Olympic glory

By Niovie Constantinou, Contributor Olympic athletes impress sports fans around the world. But the reality is that a lot of them often find themselves struggling financially, emotionally and physically before, throughout and after their Olympic journey. Many of the Olympic sports only come into the spotlight every four years and only a handful of the thousands of athletes competing in the Olympics will return home with medals. Even fewer will be financially rewarded for the tremendous investment they have had…

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