Nathan Goldman Analyzes Landmark Olympic Payout For Fortune
The Poole accounting professor helps breaks down the $200,000 gift each U.S. Olympian received from a private donor.
We’re about halfway through the 2026 Winter Olympics, and members of Team USA will have some money to look forward to once the games end, regardless of whether they medal or not.
Ross Stevens, the billionaire CEO of Stone Ridge Holdings Group, has pledged $200,000 for each U.S. Olympian to secure their long term financial security. Fortune broke down the particulars of the payout and enlisted the expertise of Nathan Goldman, the Dean’s Professor of Accounting at the Poole College of Management.
The actual payout is broken into two different payments of $100,000. The first payment – which will be treated as taxable income – arrives after the athlete turns 45 or 20 years after they first qualify for the Olympics, depending on which happens later.
This is beneficial because many Olympians have second jobs, and even top tier athletes in more marketable sports can lose income after they retire and the sponsorships dry up. “Even the Olympians that we know their names a little bit better, are still nowhere near the million dollars when they’re in these less popular sports as professionals,” says Goldman, who estimates most Olympic athletes earn between $150,000 to $200,000.
The second payment is a guaranteed benefit for the athlete’s family after they die, and Goldman posits that the post-death payment could be subject to estate or gift taxes based on their estate’s total value.
You can read the full article on Fortune’s website.
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