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What is a Gold Medal Worth?

With the medal rounds underway for Olympic tennis, and the games nearing a close you might be wondering exactly how much a Gold Medal is worth. Winning a gold medal is priceless of course, but the object itself has value. Additionally, many national Olympic committees pay their athletes a bonus for winning a medal. If Olympic glory is viewed as a purely financial transaction however, it is completely understandable why so many tennis players would elect to skip the event.