November 22, 2024
Olympians on OnlyFans for funding amid ‘broken’ finance system
 #CashNews.co

Olympians on OnlyFans for funding amid ‘broken’ finance system #CashNews.co

Cash News

By THOMAS ADAMSON and MEGAN JANETSKY

PARIS (AP) — Dire financial straits are leading droves of Olympic athletes to sell images of their bodies to subscribers on OnlyFans — known for sexually explicit content — to sustain their dreams of gold at the Games. As they struggle to make ends meet, a spotlight is being cast on an Olympics funding system that watchdog groups condemn as “broken,” claiming most athletes “can barely pay their rent.”

The Olympics, the world’s biggest sporting stage, bring in billions of dollars in TV rights, ticket sales and sponsorship, but most athletes must fend for themselves financially.

The International Olympic Committee (IOC) did not express concern about the situation. When asked by The Associated Press about athletes turning to OnlyFans, IOC spokesman Mark Adams said, “I would assume that athletes, like all citizens, are allowed to do what they can.”

Watching his sponsorships dry up and facing mounting costs, Jack Laugher was among the pantheon of Olympic athletes using the often-controversial platform to get to the Games — or simply survive.

After medaling at the Tokyo Olympics in 2021, Laugher, who scored another bronze in Paris last week for the U.K., said he was waiting for funding that never materialized. His account, costing $10 a month for a subscription, says he posts “SFW (safe for work) content in Speedos, briefs, boxers.” A recent post from the Olympics got more than 1,400 likes.

“For me, it’s been an absolute lifeline,” he said, before he was whisked away mid-interview by a British team official, underscoring the sensitivity of the issue.

The AP spoke to multiple current and former Olympians who painted a sobering portrait of what they had to do — and bare — to get to Paris.

Laugher, and other current and former Olympians — rower Robbie Manson (New Zealand), pole vaulter Alysha Newman (Canada), divers Timo Barthel (Germany), Diego Belleza Isaias (Mexico) and Matthew Mitcham (Australia), the first openly gay Olympic gold medalist — found a measure of financial stability in OnlyFans that other funding failed to provide.

FILE - Alysha Newman, of Canada, celebrates a successful vault as she competes in the women's pole vault final at the 2024 Summer Olympics, Wednesday, Aug. 7, 2024, in Saint-Denis, France. (AP Photo/Rebecca Blackwell, File)
FILE – Alysha Newman, of Canada, celebrates a successful vault as she competes in the women’s pole vault final at the 2024 Summer Olympics, Wednesday, Aug. 7, 2024, in Saint-Denis, France. (AP Photo/Rebecca Blackwell, File)

Unable to secure traditional sponsorships, Mitcham began posting photos on OnlyFans, including semi-frontal nudes, earning triple the amount he received as a top athlete.

“That body is an amazing commodity that people want to pay to see. It’s a privilege to see a body that has six hours of work every day, six days a week put into it to make it Adonis-like,” said Mitcham, who describes himself as a “sex worker-lite.”

Manson, meanwhile, credited OnlyFans with boosting his athletic performance, saying his content included “thirst traps,” but nothing pornographic.

“My content is nude or implied nude. I keep it artistic, I have fun with it and try not to take myself too seriously. That’s something I’ve also tried to maintain in my approach to rowing … This approach has helped me achieve a personal best result at the Olympics,” he told the AP.

While some athletes say they don’t see what they’re doing as sex work, German diver Bartel put it frankly: “In sport, you wear nothing but a Speedo, so you’re close to being naked.”

FILE - Germany's Timo Barthel competes in the men's 10m platform diving preliminary, at the 2024 Summer Olympics, Friday, Aug. 9, 2024, in Saint-Denis, France. (AP Photo/Lee Jin-man, File)
FILE – Germany’s Timo Barthel competes in the men’s 10m platform diving preliminary, at the 2024 Summer Olympics, Friday, Aug. 9, 2024, in Saint-Denis, France. (AP Photo/Lee Jin-man, File)

Global Athlete, an organization created by athletes to address the power imbalance in sports, decried the dire state of Olympic financing.

“The entire funding model for Olympic sport is broken. The IOC generates now over US$1.7 billion per year and they refuse to pay athletes who attend the Olympics,” said Rob Koehler, Global Athlete’s director general.

He criticized the IOC for forcing athletes to sign away their image rights.

“The majority of athletes can barely pay their rent, yet the IOC, national Olympic committees and national federations that oversee the sport have employees making over six figures. They all are making money off the backs of athletes. In a way, it is akin to modern-day slavery,” Koehler said.

The AP spoke to multiple athletes who confirm they have had to pay their own way to the Olympics. While stars like Michael Phelps and Simone Biles can make millions, most athletes struggle to cover the cost of competing on the global stage.

These can include coaching, physical therapy and equipment, at a cost of thousands of dollars a month, as well as basic living expenses. Some delegations fund training, with the athletes covering medical bills and daily expenses. In other delegations, athletes pay for everything themselves.

Olympic athletes are generally given just one or two tickets for friends and family, obliging them to pay for additional tickets so their loved ones can attend their events.

“The IOC tries to convince these athletes that their lives will change after becoming an Olympian — there is nothing further from the truth. The fact is the majority of athletes are left in debt, face depression, and they are lost once finishing sport with no future employment pathway,” Koehler said.

Pole vaulter Alysha Newman has used the money she earned from OnlyFans to buy property and build up her savings.

“I never loved how amateur athletes can never make a lot of money,” she said. “This is where my entrepreneurial skills came in.”

Adams, the IOC spokesman, said at a press conference Friday he wasn’t aware of the trend and dismissed concern about the subject. The AP requested details from the IOC on how it helps athletes financially, and the IOC referred the AP to a swathe of links with scant detail, without elaborating or providing further comment. A statement from the IOC Executive Board said the IOC distributes 90% of its revenues to “the development of sport and athletes,” but didn’t go into detail.

OnlyFans has expressed solidarity for its athletes.

“OnlyFans is helping them to support training and living costs, and providing the tools for success on and off the field,” the platform said in a statement.

It highlights other “exceptionally talented OnlyFans athlete creators who were unable to compete in Paris this year,” including British divers Matthew Dixon, Daniel Goodfellow, and Matty Lee, along with British speed skater Elise Christie and Spanish fencer Yulen Pereira.