The Cost of Raising an Olympian: Would You Pay It?

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We are always inspired by the Olympics in our house. I confess we don’t watch much (or any) sports at all normally, but when the Olympics come on, we break our usual TV rules and leave the TV on during the day.

The fitness, the commitment, the sportsmanship (including the awesome things Canadians have been doing – helping others! Sibling victories!), and the country pride all make me think that watching TV on this occasion is actually providing a learning opportunity, rather than turning our brains into “bubble gum” (my favourite TV nag to my kids is “your brain is turning to bubble gum with all that TV!”)

But did you ever stop and think what it takes to get a kid to the Olympics? You hockey parents out there may have a decent taster, but the commitment is bigger and longer. At the last Olympics some reporters from the US were suggesting it cost $15,000 per year to raise a gymnast (here).

In Canada, where there is less funding and more equipment (for a winter sport) this number would probably be even higher.

Let’s say that money wasn’t an issue (and if so, lucky you!) Would you want to dedicate the time that is required of a parent to make it happen? Driving to early morning trainings, traveling to competitions, engaging in choosing teams / coaches / equipment, motivating your child in their down moments, forgoing holidays and weekends, raising money for the team, maintaining a special diet and practices at home, and the list probably goes on.

As someone who never encouraged (i.e. actively avoided) the hockey circuit, I have a hard time wrapping my head around this level of commitment. It’s not just that I am selfish (if you think not wanting to dedicate a big portion of your life to your child’s sports career is selfish), but I am also just not naturally someone who wants to devote time to one singular output. I value diversity. A change of scene. Having multiple interests and activities in my life. I just don’t think I would have the focus to help support my child.

I suppose that if one of my children cared deeply and really wanted to pursue an Olympic dream, I would probably not have the heart to say no. But, I would find it difficult.

So hats off to the parents of our Olympians! You all deserve a gold medal for supporting your kids’ dreams.

Would you want your child to train for the Olympics?

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