Gold medal winners are getting $50k per gold from the International Olympic committee for the first time this year. Individuals get the whole $50k, teams split the $50k. Silver/bronze get nothing. U.S. and most “rich” 1st world countries still virtually giving out food stamp cash prizes for winners vs most of the smaller countries.
Incentives for Olympic medalists by country - Wikipedia
en.m.wikipedia.org
Slight correction it's actually world athletics not ioc, only gold medalists in athletics get the money.