• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

3

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
SuccessSports

Many U.S. Olympic athletes are barely scraping by, spending thousands on food, training, and equipment—’it’s astronomical’

Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
July 15, 2024, 2:15 PM ET
Ryan Crouser tucks a shot under his chin as he prepares to launch it.
Olympic shot putter Ryan Crouser spends $1,000 monthly on groceries alone.Christian Petersen—Getty Images

Olympic shot putter Ryan Crouser may be one guy, but he’s essentially eating for three. With a full day of eating—including a five-egg omelet, a quarter pound of turkey sausage, two bowls of oatmeal with blueberries, a pound of ground beef or chicken and 12 ounces of rice, enough food to just get him to dinner—the grocery bills add up. 

Recommended Video

Crouser told CNBC he cooks his meals like he would for a family of four, giving one serving to his girlfriend, and he eats the other three portions. His weekly Sam’s Club trip sets him back about $200 to $250. That’s about $1,000 on groceries a month—over twice the average of an American household’s costs of $475.25.

“The way that I look at it is that it’s a pretty significant investment in my athletic performance,” Crouser said. 

Crouser consumes about 5,000 calories a day to retain his stature—six-foot-seven and 320 pounds—and remain competitive as a world-record holder and two-time Olympic champion with high hopes of a third medal ahead of this month’s Paris Olympics. He views his steep food costs similar to job expenses, buying grass-fed beef and organic products, despite the bigger bills.

“If I’m getting higher quality food in, I’m getting higher quality training out,” he said. “I can tell without a doubt that I train better and perform better. As an investment, it makes financial sense.”

But the cost of preparing for the Olympics goes beyond what’s on the dinner table. Training as a professional athlete is expensive, and the high price point to even arrive at the games, let alone make a living as a full-time professional like Crouser, can be a meaningful barrier to those hoping to compete on sport’s biggest stage. U.S. athletes may spend up to $100,000 preparing for the games. 

“It’s astronomical,” skeleton bobsled racer Kyle Tress, who competed in the 2014 Sochi Winter Olympics, told Mental Floss. “A competition sled alone costs well over $10,000, and you have to buy new runners at $1,000 each. Then there’s travel. Some of these places, like a ski resort in France, aren’t easy to get to.”

Crouser gets some financial help from sponsors, including a collaboration with supplement company Thorne; a partnership with Nike, which pays him quarterly; and grants from sports governing body USA Track & Field, which handles the athlete’s travel expenses. Even the champion will admit being a full-time athlete wasn’t a given, despite coming from a family of Olympic track-and-field competitors. Crouser was pursuing a masters’ degree at the University of Texas in 2015 ahead of his 2016 Olympic debut and admitted the financial support and stability has eased his anxieties about competing professionally.

“It’s a total buy-in at this point for me,” Crouser told Forbes in 2019. “I really enjoy it because I feel like I can completely commit to it.”

The cost of doing business

Other Olympians aren’t as financially supported as Crouser. Raleigh, North Carolina, native Dylan Beard worked 40-hour weeks behind the deli counter at Walmart while training for the Olympic trials for the 60-meter hurdles. Beard, with a master’s degree in public health to fall back on, is saving his Walmart paychecks to cover his travel expenses to Paris (though the International Olympic Committee does cover expenses for many athletes). It’s a point of pride for the 25-year-old.

“At the end of the day, my name is attached to what I’m doing,” he said. “So yes, I’m working at Walmart in the deli, but it still represents me, which represents a lot of other people.”

Other prospective Olympians balance training with 9-to-5 office jobs, while others make a living as horticulturists or dentists.

While these athletes may be competing at the highest echelon of their respective sports, even becoming an Olympic champion isn’t enough to become financially stable. While earnings vary by country, the U.S. Olympic Committee awards gold medalists $37,500, while silver medalists earn $22,500, and bronze awardees get $15,000. The median annual income for all U.S. workers was $48,060 in 2023.

For athletes not familiar with the cost of competing with no guarantee of financial security, the comparatively paltry earnings for Olympians can come as a blow to one’s dreams.

“Being unsponsored, unpaid, and underfunded in a sport takes a serious toll on Team USA athletes, coaches, and our equipment,” sprint kayak Olympian Shaye Hatchette told Vice.

The U.S. Olympic and Paralympic Committee have increased efforts to support athletes, including awarding $1.3 million in tuition grants in 2023 and covering insurance premiums for its Olympians and Paralympians, as well as aspiring athletes, per its 2023 Impact Report. The committee announced Monday a campaign to raise $500 million to invest in education opportunities, innovation, and wellness for U.S. athletes ahead of the 2028 Olympic Games in Los Angeles.

As a result of the financial uncertainty of being an Olympic athlete, competitors increasingly rely on sponsorships. While lucrative for athletes on a shoestring budget, these brand partnerships have become established advertising avenues and exercises in building brand awareness. For athletes like LeBron James, who earn millions in salary and brand endorsements annually, the arrangement is profitable. But for some Olympic hopefuls, it’s just too much.

“Knowing that without funding, those dreams become harder to reach, many decide to leave the sport,” Hatchette said. “And those that choose to stay must be comfortable with spending almost everything they earn to train at this level.”

At the Fortune Workplace Innovation Summit, Fortune 500 leaders will convene to explore the defining questions shaping the workforce of the future—delivering bold ideas, powerful connections, and actionable insights for building resilient organizations for the decade ahead. Join Fortune May 19–20 in Atlanta. Register now.
About the Author
Sasha Rogelberg
By Sasha RogelbergReporter
LinkedIn iconTwitter icon

Sasha Rogelberg is a reporter and former editorial fellow on the news desk at Fortune, covering retail and the intersection of business and popular culture.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

elon
SuccessIPOs
SpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
5 hours ago
Elon Musk sits with his fists together, looking up.
Commentaryspace
SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
6 hours ago
Professor Jeff DeGraff.
SuccessWorkplace Innovation Summit
‘We’ve given them the short end of the stick’: Business school dean says AI could eliminate many jobs for young people—even as they lead innovation
By Preston ForeMay 20, 2026
7 hours ago
Arvind Jain, Founder and CEO, Glean
SuccessWorkplace Innovation Summit
While other tech CEOs warn of mass job losses, Glean’s chief says AI will never replace a single worker
By Emma BurleighMay 20, 2026
8 hours ago
Shaquille O'Neal
SuccessEducation
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: ‘Your character will take you further than your resume’
By Preston ForeMay 20, 2026
12 hours ago
Svenja Gudell, Chief Economist, Indeed
SuccessWorkplace Innovation Summit
Indeed chief economist says the sectors most exposed to AI are seeing a big growth in job demand
By Emma BurleighMay 19, 2026
1 day ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
1 day ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
3 days ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
12 hours ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
8 days ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
3 days ago
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
Workplace Culture
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
By Preston ForeMay 19, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.