Singaporean athlete Joseph Schooling made history in Rio by earning his nation’s first-ever Olympic gold medal. Claiming the top prize in the men’s 100m butterfly event at the 2016 Games netted the 22-year-old a hefty $753,000 bonus for his efforts, the largest financial bonus for a gold medal in any nation.
The amateur athlete who competes for the University of Texas continues to cash in on his aquatic prowess, as his recent performances at the Southeast Asian (SEA) Games garnered him S$31,250 (~$22, 900 USD). At the event hosted at Kuala Lumpur, Schooling struck gold across 6 events, including 3 individual titles and 3 relays.
The Longhorn swimmer wasn’t the only NCAA athlete to reap rewards for his SEA Games efforts. According to Today Online, the Quah siblings also scored big in Malaysia. Quah Zheng Wen, who competes for California, earned the same amount as Schooling, as he also collected 6 titles at the Games. Sister Quah Jing Wen, who is on the Texas A&M roster, also received a significant payday for her performances, taking home S$26,250 (~$19,000 USD).
Of note, the athletes are required to give 20% of their earnings back to their respective national sports associations for training and development.
WINNING!
Yet some basketball players come from low income families and can’t profit off their abilities. NCAA is whack
How much does Schooling make for his practice swims?
A lot since he can go 17.9 with a drag suit on
Really strange how this is legit with the NCAA, though it is. A poor kid from the projects playing basketball or football gets sanctioned by the NCAA for using his signature on memorabilia to get money for his family. Please don’t tell me the state institution UT is paying him a full athletic scholarship on top of this (I’m sure it is).
You don’t get it. The NCAA does not want to pay our US athlete’s. They could care less if Singapore is paying theirs. It’s not coming out of their budget. ?
NCAA doesn’t have to pay for money someone gets from the pro swim series, or if a kid wanted to sell some of the shoes he gets from schools athletic departments those are shoes paid for by sponsors like Nike. Crooked Donald is right watch the vice video on the NCAA a garbage organization
Is he keeping the money though?
Yes.
He’s said in an interview previously that he’s giving it to his parents for all the money they forked out in paying for his move to the US, and the school fees at Bolles etc., so in a way he’s keeping it, yet not really. Either way I feel he deserves the money because time and time again his family has spoken out about how they didn’t receive enough support from the Government previously, although it’s much better now.
I wonder how much he’s earned from all this (in total, through the years)
Wow. He is a rich kid now. SG awards athletes well for Olympics, Asian Games and Commonwealth Games. No wonder he has lesser motivation in the World Championships. Hahas.. just kidding.
Haha….true.
Cue the Schooling haters…
They are nonexistent.
I’m permanently cued.