Our Olympic athletes bring us great pride and joy, but they dont actually pay back the AIS for any of the money we invest in them, even when they make the big bucks from sponsors. Picture: Matt King/Getty Images for Adidas
WHEN Australias Olympic team entered the stadium in Rio in Saturdays Opening Ceremony, it was a moment of intense national pride. But for me that pride is mixed in with thinking about all the money we spent getting them there.
Australia spends a huge amount on elite Olympic sports. The Australian Sports Commission gets $250 million from the government to spend each year over $100 million goes to elite athletes. State Institutes of Sport also spend up big.
The Australian Olympic team smiling bundles of muscle in very sma…
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