Thursday, August 21, 2008

Michael Phelps could have won 31,000 gold coins

Phelps could have won 31,000 gold coins if he had swum for Turkey

US swimmer Michael Phelps, who won eight gold medals in the Beijing Olympics -- a historic achievement, could have earned himself, his club and his coach 31,000 "republic" gold coins ($5.7 million) because Turkish regulations call for rewarding sportsmen representing Turkey who earn awards in international competitions, all this if he had swum representing Turkey. . . .

. . . A gold medal winner gets 2,000 gold coins while a record-breaking sportsman gets 1,000 coins. Thus, if he were a Turkish swimmer, Phelps, who broke seven world records and one Olympic record, would have won 22,750 "republic" gold coins -- roughly $4.2 million. Additionally, his club and coach would have been paid 8,250 gold coins (about $1.5 million). . . .

Full story at: Link

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