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Canadian medalists in the money

The Canadian Olympic Committee (COC) will make good on its promise to reward Canadian athletes this Saturday, presenting $475,000 in cash prizes for the 18 medals earned by Canadian athletes in Beijing.

The Canadian Olympic Committee (COC) will make good on its promise to reward Canadian athletes this Saturday, presenting $475,000 in cash prizes for the 18 medals earned by Canadian athletes in Beijing.

Before the Games, the COC promised $20,000 for gold medals, $15,000 for silver medals and $10,000 for bronze medals.

Although Canada won just three gold medals, one of those medals was for the men’s eight rowing team which represents $160,000 in prize money. The other two were for individual events — Equestrian jumper Eric Lamaze and women’s wrestler Carol Huynh, bringing the total to $200,000.

Thirteen athletes won nine silver medals for a total of $175,000 in prize money. Ten athletes also won six bronze medals for another $100,000 in prizes.

The money will be presented by the Athlete Excellence Fund this Saturday to 21 of the medalists at a special event in Toronto.