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US Olympians Have Struggled with Inflation to Get to the Games

In the midst of a challenging economic climate marked by a 20% rise in consumer prices since 2021, American Olympic athletes find themselves grappling with financial hurdles that mirror the struggles of millions across the nation. The inflation surge has notably impacted these athletes, who, unlike their counterparts in many other countries, receive no governmental financial support.

Fred Kerley, a 29-year-old silver medalist sprinter, expressed his frustration bluntly to reporters at the USATF Grand Prix on June 8, stating, "It’s f---ed! It’s as simple as that, it’s f---ed." His sentiment underscores the dire financial conditions faced by many U.S. Olympians as they prepare for the Paris Games.

The U.S. government's stance on not providing financial aid to its Olympic athletes places them at a distinct disadvantage compared to athletes from other wealthy nations. American Olympians rely heavily on private sponsorships, merchandise sales, and medal bonuses from the U.S. Olympic & Paralympic Committee.

The financial strain is so severe that many athletes have resorted to taking on additional employment to make ends meet. "It’s hard to have a day job and perform at our best each and every day," Kerley added, highlighting the dual pressures of financial survival and athletic excellence.

Tara Davis-Woodhall, a 25-year-old track and field teammate of Kerley, echoed these concerns at a USOPC Media Summit roundtable interview on April 17. When asked if inflation puts American athletes at a competitive disadvantage in Paris, she responded, "Probably, absolutely." Davis-Woodhall also noted that the financial strain could hinder athletes' ability to maintain an optimal Olympic lifestyle, stating, "One hundred percent."

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