Going for Broke
HBO's Real Sports looks at how Olympic athletes are forced into debt in their quest for a gold medal
The Winter Olympics are kicking off this week in South Korea and young men and women from around the world are competing at the pinnacle of their sports. While many have trained for decades to get to this point, the United States Olympic Committee (USOC) has provided very little to help them.
A new report from Real Sports with Bryant Gumbel found that many of these athletes have gone tens of thousands of dollars in debt while they travel around the country for qualifying events. While large prizes are handed out at some professional competitions, most athletes have spent their time participating in USOC qualifying events and receive just a $1,500 check along with health insurance, all in the pursuit of their dream to win an Olympic gold medal. Below is a clip from the report and you can watch the full segment on HBO.com. (Login is required)