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INDUSTRY INSIGHTS

Writer's pictureJordan Guard

GOLDEN OPPORTUNITY: HOW AN OLYMPIC GOLD MEDAL TRANSFORMS A FEMALE ATHLETE’S LIFE

An Article by Jordan Guard, Women's Sports Alliance Founder.


When you stand on that podium, clutching an Olympic Gold medal, you hold in your hands the culmination of years of relentless hard work, sacrifice, and an unyielding belief in your dream. As someone who has had the privilege of working closely with many remarkable female athletes, I know that this moment is more than just a victory in sport; it’s a moment that can redefine your life in ways that you may not yet fully comprehend.


Winning a gold medal at the Olympic Games is arguably the most prestigious achievement in sport for any athlete. Out of the 328 gold medals awarded at the Games, 161 events saw female athletes rise to the top and take a gold medal (including mixed gendered events). For these female athletes, the victory goes far beyond the podium as it profoundly impacts their financial status, personal brand, commercial demands, and media presence. However, along with these benefits come challenges that require careful navigation to maintain their newfound status.

Simone Biles Wins Gold for the US at Paris 2024 Olympics

Image courtesy of The Associated Press.


The Journey to Gold: A Lifelong Commitment

The path to winning an Olympic gold medal is a long and brutal one. Athletes dedicate four years, often their entire lives in fact, to intense training, rigorous competition schedules, and unwavering focus on their goal. They invest in every aspect of their preparation; physical conditioning, mental resilience, technical skills, performing under pressure and sponsorship to fund their training. The dream of standing on the podium drives them through grueling days, injuries, and harsh sacrifices.


For many athletes, just qualifying for the Olympics is a significant achievement. But for those who aim for the podium, the stakes are even higher. Only a small minority manage to secure a medal, and even fewer achieve the ultimate prize, Olympic Gold. This elite group of female athletes, through their extraordinary dedication and talent, earn a place in history and gain a platform that can transform their lives.


Bryony Page Wins Gold for Team GB at Paris 2024 Olympics

Image courtesy of Mike Egerton.


Gold Medal Winning Female Athletes at Paris 2024

At Paris 2024, there were 100 female athletes that won a gold medal. We have compiled a list of all female athlete Gold medalists at the foot of this article.


The Status and Pressure of an Olympic Gold Medalist

When a female athlete wins an Olympic Gold medal, she is immediately elevated to the status of a national hero. She becomes a symbol of excellence, perseverance, and pride for her country. The impact of her victory resonates with people from all walks of life. However, with this victory comes a new kind of pressure.


As an Olympic champion, she is now seen as the epitome of success in her field. This comes with the expectation that she will continue to perform at this exceptional level, not just in the next competition but for the next four years until the next Olympic Games. The label of “untouchable” is both a privilege and a burden. It means she has reached the pinnacle of her sport, but it also means that she is now the benchmark against which all others will be measured.


Impact on Personal Brand

Winning an Olympic Gold medal significantly boosts a female athlete’s personal brand. Overnight, she becomes a household name. People across the nation, and often the world, will know her name, her story, and her achievements. They feel a connection to her, having witnessed her triumph on the global stage. This connection is powerful, creating a strong and loyal fan base that is deeply invested in her journey.


Netherlands Gold Medal Winner Femke Bol

Image courtesy of Getty Images.


Impact on Commercial Activity

The success and visibility that come with an Olympic Gold medal make her an attractive prospect for new brands and sponsors. Commercial partners are eager to associate themselves with her journey to the highest accolade in sport. Endorsement deals, sponsorships, and advertising campaigns can bring substantial financial rewards, providing her with the resources to further her career and secure her future but can also be time consuming and can thrust the athlete into a life of relentless media attention that comes with no privacy.


For the Partners that were already on board, prior to the Olympics, they will be maximising their investment with post-Olympic activations and story-telling pieces with the Gold medal winning athlete to further associate. Athletes should use these opportunities wisely to continue pushing her personal brand out to the world but she should input into the creative direction of these campaigns to ensure her authenticity and credibility remains true.


Financial Reward

In addition to these commercial opportunities, this year has seen a groundbreaking shift in how athletes are financially rewarded for their achievements at the Olympic Games. Some sports federations and national governments have introduced significant cash prizes for medal winners for the first time ever.


World Athletics announced that Olympic Gold medalists in track and field events will receive a reward of $50,000, while the International Boxing Association is offering a substantial $100,000 to Gold medalists. These incentives provide not only financial security but also recognition of the immense effort required to reach the top of the podium.


Beyond these federation incentives, several countries have also agreed to pay bonuses to athletes who bring home medals. For instance, Team GB athletes are set to earn £39,400 for winning a gold medal at Paris 2024. Some countries are offering even more substantial rewards. In Hong Kong, the gold medalist at the Paris Olympics will receive one of the largest cash rewards on offer, HK$6 million (over $750,000), as part of the city’s Athlete Incentive Awards Scheme.


Singapore, through its Major Games Award Programme, offers S$1 million (over $700,000) for individual winners, S$1.5 million for winners of team events (like athletics relays or tennis doubles), and S$2 million for winners of team sports (like basketball or soccer). The program also rewards silver and bronze medalists with 50% and 25% of these amounts, respectively. Similarly, Taiwan’s Olympic Gold medalists receive NT$20 million (over $600,000) along with a lifetime monthly stipend of NT$125,000 (about $4,000) under a government medal program.


In India, Olympic gold medalists receive 7.5 million rupees (about $90,000) from the government, with an additional reward of 10 million rupees (about $120,000) from the Indian Olympic Association. The U.S. Olympic & Paralympic Committee’s Operation Gold program also rewards Olympic champions with $37,500, while silver and bronze medalists receive $22,500 and $15,000, respectively.


These financial rewards not only offer immediate monetary benefits but also enhance the athlete’s long-term financial stability, allowing them to invest in their future, pursue further training, or even venture into new career paths once their competitive days are over.

Paris 2024 Olympics 100 meter sprint Gold Medalist Julien Alfred

Image courtesy of Getty Images.


Social Media Presence

Additionally, the Gold medal winner’s presence on social media will likely see a significant boost. A surge in followers translates to greater influence, giving her a platform to share her thoughts, promote causes, and engage with her audience. This newfound influence allows her to inspire others, particularly the younger generation who look up to her as a role model. The ability to inspire is a unique and powerful outcome of her Olympic victory.


By capitalising on these opportunities, a gold medal-winning female athlete can build a brand that extends beyond her athletic career, ensuring that her influence and impact endure long after the Olympic flame is extinguished.


The Reality of Olympic Gold: New Challenges Ahead

Despite the numerous benefits, winning a gold medal also brings challenges. The influx of commercial opportunities can be overwhelming, and the athlete must be discerning about the partnerships she chooses. It is crucial that she aligns with brands that reflect her values and enhance her image. The wrong partnership (or too many partnerships) could dilute her brand or create conflicts that could harm her reputation.


Balancing these commercial commitments with ongoing training, media appearances, and personal life requires careful management. The pressure to maintain her status in the public eye can be intense, and without proper support, it can lead to burnout or a decline in sports performance. She must ensure that her training remains a priority, even as she navigates the demands of her new role as a national or global public figure.


The Very Real ‘Post-Olympic Blues’

In addition to these external pressures, many Gold medal-winning athletes face a more internal and emotional challenge: the “Olympic Blues.” After the incredible high of winning a gold medal, it’s common for athletes to experience a profound sense of emptiness. The moment they’ve been working toward for a lifetime has passed, and they might fear that the best day of their life is now behind them. The euphoria of standing on the podium and the realisation that they may never again experience that exact feeling can be overwhelming.


This emotional crash can leave the athlete feeling lost and unfulfilled, as they grapple with the question, “What now?” The fear of never being able to replicate the Olympic Gold medal-winning moment can create an overwhelming sense of pressure and anxiety. Athletes often find themselves chasing that feeling, struggling to find meaning and purpose in their lives beyond that singular achievement.


To combat the Olympic Blues, it’s essential for the athlete to take time after the Games to reflect and take a step back from the intensity of their own thoughts. It’s important for them to focus on the aspects of life that bring them joy and fulfillment beyond their sport, whether that’s spending time with loved ones, exploring new interests, or giving back to their community. By re-centering themselves and finding balance, they can move forward in a healthy and positive way, ensuring that their Olympic triumph becomes a foundation for future happiness rather than a peak that casts a shadow over everything that follows.

Paris 2024 Olympics Hammer Throw Gold Medalist Camryn Rogers

Image courtesy of Getty Images.


The Fight to Stay Relevant

To stay relevant beyond the immediate aftermath of the Olympics, the athlete must rely on the long-term commitment of her commercial partners and media presence. Without continued visibility, there is a risk that she could fade from the public’s memory once the Olympic excitement subsides. Strategic planning is essential to maintain her place in the spotlight and to build a legacy that endures long after the Games.


A Last Word

Winning a gold medal at the Olympic Games is a life-changing achievement. For a female athlete, it elevates her personal brand, opens up lucrative commercial opportunities, and enhances her media presence. However, with these rewards come significant challenges that must be carefully managed to maximise her success. The impact of winning gold extends far beyond the podium, shaping her future in profound ways. As an Olympic champion, she now has the opportunity to inspire, influence, and create a legacy that will last for generations.


All 328 Gold Medals Won By Female Athletes

Research findings courtesy of Women's Sports Alliance.

1

DMA

Triple Jump

Thea Lafond

1

GUA

Trap Shooting

Adriana Ruano Oliva

1

DOM

400m

Marileidy Paulino

1

LCA

100m

Julien Alfred

1

CHI

Skeet Shooting

Francisca Crovetto Chadid

1

SUI

50m Rifle 3

Chiara Leone

1

THA

-49kg Taekwondo

Panirak Wongpattanakit

1

RSA

100m Breaststroke

Tatjana Smith

1

POL

Speed Climbing

Aleksandra Miroslaw

2

ALG

Uneven Bars

66kg Boxing

Kaylia Nemour

Imane Khelif

1

HKG

Épée Fencing

Vivian Kong Man Wai

1

AUT

Mixed Dinghy Sailing

Lara Vadlau

1

TPE

57kg Boxing

Lin Yu Ting

2

SLO

-63kg Judo

Boulder & Lead Climbing

Andreja Leski

Janja Garnbret

1

BRN

3,000m Steeplechase

Winfred Yavi

1

CRO

-70kg Judo

Barbara Matić

1

SRB

10m Mixed Air Pistol

Zorana Arunović

1

BEL

Heptathlon

Nafissatou Thiam

1

ROU

8 Rowing

Victoria Stefania Petreanu

Simona Radis

Ioana Vrinceanu

Amalia Beres

Adriana Adam

Maria Lehaci

Ancuka Bodnar

Roxana Anghel

Maria Magdelena Rusk

2

UKR

High Jump

Fencing Sabre

Yaroslava Mahuchikh

Olga Kharlan

Alina Komashchuk

Olena Kravatska

Yuliia Bakastova

2

BRA

Floor

Beach Volleyball


78kg Judo

Rebeca Andrada

Ana Patricia Silva Ramos

Eduarda Santos Lisboa

Beatriz Souza

1

IRL

60kg Boxing

Kellie Harrington

2

NOR

Handball















81kg Weightlifting

Veronica Kristiansen

Maren Aardahl

Stine Skogrand

Nora Moerk

Stine Bredal Oftedal

Silje Solberg-Oesthasiel

Kari Brattset Dale

Kristine Breistoel

Vilde Ingstad

Katrine Lunde

Marit Jacobsen

Camilla Herrem

Sanna Solberg-Isaksen

Henny Reistad

Thale Rushfeldt Deila

Solfrid Eila Amena Koanda

3

KEN

1,500m

5,000m

10,000m

Faith Kipyegon

Beatrice Chebet

Beatrice Chebet

2

SWE

50m Freestyle

100m Freestyle

Sarah Sjoestroem

Sarah Sjoestroem 

2

ESP

Marathon Walk Relay Mixed

Water Polo

Maria Perez

Laura Ester Ramos

Isabel Piralkova Coello

Anni Espar Llaquet

Bea Ortiz

Nona Perez Vavas

Paula Crespi Barriga

Elena Ruiz Barril

Pili Pena

Judith Forca Ariza

Paula Camus

Maica Gorcia Godoy

Paula Leiton Arrones

Martina Terre

2

HUN

Modern Pentathlon

-67kg Taekwondo

Michelle Gulyas

Viviana Marton

1

UZB

-52kg Judo

Diyora Keldiyorova

6

CAN

Hammer

Canoe Sprint 200m

-57kg Judo

200m Butterfly

200m Ind. Medley

400m Ind. Medley

Camryn Rogers

Katie Vincent

Christa Degvchi

Summer McIntosh

Summer McIntosh

Summer McIntosh

8

NZL

Kayak 500m Single

Kayak 500m Double


Kayak Four 400m




Cycle Track Sprint

Cycle Track Keirin

Golf Ind. Stroke Play

Rowing Double Sculls


Rugby 7’s

Lisa Carrington

Lisa Carrington

Alicia Hoskin

Lisa Carrington

Alicia Hoskin

Olivia Brett

Tara Vaughan

Ellesse Andrews

Ellesse Andrews

Lydia Ko

Brooke Francis

Lucy Spoors

Risi Pouri-Lane

Jorja Miller

Stacey Waaka

Manaia Nuku

Sarah Hirini

Michaela Blyde

Tyla King

Mahina Paul

Jazmin Felix-Hotham

Theresa Setefano

Portia Woodman-Wickliffe

Alena Saili


6

GER

3x3 Basketball



Shotput

Dressage Ind.

Dressage Team


Rhythmic Ind. All Around

Triathlon Mixed Relay

Svenja Brunckhorst

Sonja Greinacher

Marie Reichert

Yemisi Ogunleye

Jessica von Bredow-Werndl

Jessica von Bredow-Werndl

Isabell Werth

Darja Varfolomeer

Lisa Tertsch

Laura Lindemann

9

ITA

Artistic Balance Beam

Cycle Track Madison


Fencing Épée Team




-78kg Judo

Windsurfing


Sailing Mixed Multihull

Shooting Skeet Mixed

Tennis Doubles


Volleyball

Alice D’amato

Vittoria Guzzini

Chiara Consonni

Rossella Fiamongo

Guilia Rizzi

Alberta Santuccio

Mara Navarria

Alice Bellandi

Marta Maggetti

Caterina Marianna Banti

Caterina Marianna Banti

Diana Bacosi

Sara Errani

Jasmine Paolini

Carlotta Cambi

Monica de Gennaro

Alessia Orro

Caterina Chiara Bosetti

Anna Danesi

Myriam Fatimi Sylla

Paola Ogechi Egonse

Sarah Luisa Fahr

Ekaterina Antropova

Gaia Giovannini

Marina Lubian

Oghosasere Loveth Omoruyi

8

KOR

Archery

Archery Team



Archery Mixed

Badminton

10m Air Rifle

10m Air Pistol

25m Pistol

-57kg Taekwondo

Sihyeon Lim

Hunyoung Jeon

Sihyeon Lim

Suhyeon Nam

Sihyeon Lim

Se Young An

Hyojin Ban

Ye Jin Oh

Jiin Yang

Yujin Kim

8

GBR

800m

Cycling Track Team Sprint




Equestrian Eventing Team



Rowing Lightweight Double Sculls


Rowing Quadruple Sculls




Sailing Kite

Trampoline

Keely Hodgkinson

Katy Marchant

Emma Finucane

Sophie Capewell

Lowri Thomas

Laura Collett

Rosalind Canter

Yasmin Ingham

Emily Craig

Imogen Grant

Lauren Henry

Hannah Scatt

Lola Anderson

Georgina Brayshaw

Eleanor Aldridge

Bryony Page

9

NED

Marathon

4 x 400m Relay Mixed



Hockey

















10km

Rowing Pair


Rowing Four




Rowing Single Sculls

Sailing Dinghy

Sailing Skiff

Sifan Hassan

Femke Bol

Lieke Klaver

Catherijn Peeters

Anne Veenendaal

Luna Noa Fokke

Freeke Moes

Lisa Post

Xan de Waard

Yibbi Jansen

Renee van Laarhoven

Felice Albers

Maria Verschoor

Sanne Koolen

Frederique Matla

Joosje Burg

Marleen Jochems

Pien Sanders

Marijn Veen

Laura Nunnink

Pien Dicke

Sharon van Rouwendaal

Ymkje Clevering

Veronique Meester

Marloes Oldenburg

Hermijntje Drenth

Tinka Offereins

Brenthe Boonstra

Karolien Florijn

Marit Bouwmeester

Odile van Aanholt

Annette Duetz

5

FRA

Cycling x Country

Fencing Sabre Ind.

Judo Mixed Team






+67kg Taekwondo

Triathlon

Pauline Ferrand Prevot

Manon Apithy-Brunet

Shirine Boukli

Sarah Leonie Cysique

Clarisse Agbegnenou

Marie Eve Grahie

Romane Dicko

Madeleine Malonga

Althea Laurin

Cassandre Beaugrand

13

AUS

Pole Vault

Kayak Single

Canoe Single

Kayak Cross

BMX

Cycling Road Ind. Time Trial

Skateboard Park

Swimming 200m Free

Swimming 400m Free

Swimming 100m Back

Swimming 200 Back

Swimming 4 x 100m Free Relay






Swimming 4 x 200m Free Relay

Nina Kennedy

Jessica Fox

Jessica Fox

Noemie Fox

Saya Sakakibara

Grace Brown

Arisa Trew

Mollie O’Callaghan

Ariarne Titmus

Kaylee McKeown

Kaylee McKeown

Olivia Wunsch

Bronte Campbell

Meg Harris

Emma McKeon

Shayna Jack

Mollie O’Callaghan

Lani Pallister

Jamie Perkins

Brianna Throssell

Shayna Jack

Mollie O’Callaghan

Ariarne Titmus

8

JPN

Javelin

Breaking

-48kg Judo

Skateboard Street

Wrestling Freestyle 53kg

Wrestling Freestyle 57kg

Wrestling Freestyle 62kg

Wrestling Freestyle 76kg

Haruka Kitaguchi

Ami

Natsumi Tsunoda

Coco Yoshizawa

Akari Fujinami

Tsugumi Sakurai

Sakura Motoki

Yuka Kagami

22

CHN

Artistic Swimming Duet


20km Race Walk

Badminton Doubles


Badminton Mixed Doubles

Boxing 50kg

Boxing 54kg

Boxing 75kg

Canoe Sprint 500m Double


Cycling BMX Park

Diving 3m Springboard

Diving 10m Platform

Diving 3m Syncro.


Diving 10 Syncro.


Rhythmic Gymnastics All Around





Shooting 10m Air Rifle Mixed

Table Tennis

Table Tennis Mixed

Table Tennis Team



Tennis

Weightlifting 49kg

Weightlifting 59kg

Weightlifting +81kg

Liuyi Wang

Qianyi Wang

Jiayu Yang

Qing Chen Chen

Yi Fan Jia

Ya Quong Huang

Yu Wu

Yuan Chang

Qian Li

Shixiao Xu

Mengya Sun

Yawen Deng

Yiwen Chen

Hongchan Quan

Yani Chnag

Yiwen Chen

Yuxi Chen

Hoagchan Quan

Xinyi Ding

Qiqi Gruo

Ting Hao

Zhangjiayang Huang

Lanjing Wang

Yuting Hwang

Meng Chen

Yingsha Sun

Meng Chen

Yingsha Sun

Manyu Wang

Qinwen Zheng

Zhihui Hou

Shifang Luo

Wenwen Li

27

USA

Artistic Gymnastics Team





Gymnastics All Around

Gymnastics Vault

200m

100m Hurdles

400m Hurdles

Long Jump

Discuss

4 x 100m Relay






4 x 400m Relay






Basketball












Cycling Road Race

Cycling Track Team Pursuit






Cycling Track Omnium

Fencing Foil Ind.

Fencing Foil Team




Football/Soccer




















Surfing

Swimming 800m Free

Swimming 1,500m Free

200m Breaststroke

100m Butterfly

4 x 100m Medley Relay








Mixed 4 x 100m Medley Relay




Weightlifting 71kg

Wrestling Freestyle 50kg

Wrestling Freestyle 68kg

Simone Biles

Jade Carey

Jordan Chiles

Sunisa Lee

Hezly Rivera

Simone Biles

Simone Biles

Gabrielle Thomas

Masai Russell

Sydney McLaughlin-Levrone

Tara Davis-Woodhall

Valarie Allman

Tamari Davis

Aleia Hobbs

Melissa Jefferson

Sha’carri Richardson

Twanisha Terry

Gabriella Thomas

Kaylyn Brown

Aaliya Butler

Kendall Ellis

Quanera Hayes

Akexis Holmes

Shamier Little

Jewell Loyd

Kelsey Plum

Sabrina Ionescu

Kahleah Copper

Chelsea Gray

A’ja Wilson

Breanna Stewart

Naphaesa Collier

Diana Taurasi

Jackie Young

Alyssa Thomas

Brittney Griner

Kristen Faulkner

Olivia Cummins

Emily Ehrlich

Kristen Faulkner

Jennifer Valente

Lily Williams

Chloe Dygert

Jennifer Valente

Lee Kiefer

Lauren Scruggs

Lee Kiefer

Jacqueline Dubrovich

Maia Mei Weintraub

Alyssa Naeher

Emily Fox

Korbin Albert

Naomi Girma

Trinity Rodman

Casey Krueger

Crystal Dunn

Lynn Willaims

Mallory Swanson

Lindsey Horan

Sophia Smith

Tierna Davidson

Jenna Nighswonger

Emily Sonnett

Jaedyn Shaw

Rose Lavelle

Samantha Coffey

Casey Murphy

Croix Bethune

Emily Sams

Caroline Marks

Katie Ledecky

Katie Ledecky

Kate Douglas

Torri Huske

Katherine Berkoff

Emma Weber

Alex Shackell

Katie Douglas

Torri Huske

Lilly King

Regan Smith

Gretchen Walsh

Regan Smith

Abbey Weitzeil

Torri Huske

Gretchen Walsh

Olivia Reeves

Sarah Ann Hildebrandt

Emit Elor



Total Events

Where Women

Medalled

(Including Mixed Events)


= 161 / 328



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