IOC salaries: IOC directors receive much more money than all Olympic champions and more than any international federation
The salaries of the IOC directors remain exorbitantly high. More than $50m are paid in the four-year cycle – most likely several millions more. Read the full list for 2023.
New data have come in: with the salaries of the IOC directors for 2023, which I will briefly present to you, I will take a break and wish you and your loved ones all the best for 2025. Get some rest. Recharge your batteries. Stay loyal to this newsletter and recommend it to others. Thank you for your interest and for your numerous subscriptions this year!
You will definitely not be disappointed in 2025. This theatre is guaranteed to provide many good new stories – look forward to numerous exclusive documents, analyses and background information, with the first exclusive articles for 2025 already in the works.
So now to the latest salaries of the IOC directors, thanks to ProPublica. The tax returns for 2023 have been submitted – the Form 990 to the US tax authority IRS (Return of Organization Exempt From Income Tax).
I had already presented the data for 2022 and 2021:
In the Form 990, the IOC administration must also provide information on the salaries, bonuses and other benefits for the executives. You will look in vain for such information in the IOC's annual financial reports – like many other fundamentally detailed figures that have never been published.
For example? In the annual reports …
There is no detailed information on individual payments from all sponsors and other partners, only totals.
There is no detailed information on individual payments by all TV rights holders, only totals.
There are no details of individual payments made by the IOC to each National Olympic Committee, only totals.
There is no detailed information on individual payments made by the IOC to all Olympic sport federations (IFs), only totals and, in minor cases, a small amount of information (e.g. on payments for guest Olympic sports).
There is no detailed information on exact payments and services provided by the IOC and its partners to Olympic Organising Committees – only totals, which do not distinguish, for example, between cash payments and value in kind services. (You may want to read my world exclusive on IOC payments to ROCOG 2016.)
Here is the total compensation of the directors for now – the salaries from 2021, 2022 and 2023 extrapolated to the Olympic cycle.
The questionable Olympic constant is that under the IOC deity Thomas Bach, the salaries of executives have risen exorbitantly. Why?
The total amounts will be significantly higher, because bonuses and prizes for the Olympic Games in Paris will certainly be paid in 2024.