Medal winners up for grabs

2012-08-03 00:00

SOUTH Africa’s new swimming superstars, Cameron van der Burgh and Chad le Clos, can expect to earn between R2 million and R4 million a year from sponsorships.

Their manager, Ryk Neethling, who won Olympic gold in 2004, said yesterday: “The most important thing is to let them focus on swimming, but their lives have been irrevocably changed.”

Le Clos beat Michael Phelps to win the 200 metres butterfly, while Van der Burgh won the 100 metres breaststroke, setting a new world record.

Eben Venter, a sport agent with Sterling Sport Management in Pretoria, said the two were at a commercial high point and must make the best of it.

“Their value in commercial terms has shot through the roof. An Olympic gold medal will earn them a lot in the long term.”

Neethling would also benefit, getting up to 20% of their sponsorships.

Double gold medallist Penny Heyns said the fact that both swimmers were based in South Africa also counted in their favour.

“They are available to attend events on behalf of sponsors and give speeches. Swimmers are not soccer players; we must make the best of our sponsorship chances.”

The two — and the four rowers who won gold yesterday — will be paid R400 000 by the SA Sports Confederation and Olympic Committee (Sascoc), which promised this bonus to the country’s gold medal winners before the Games.

Sascoc CEO Tubby Reddy said yesterday: “We have invested more than just money in our athletes and now we have something to show for it.”

Sport must be taken more seriously in South Africa, he added.

“I listen carefully to the finance minister’s budget, and sport is never mentioned as an area that should get funding from the government. I hope that will now change.”

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.