Nathan Chen Net Worth 2022: Olympics, Figure Skating Salary

If you watched him skate at the Olympics, you might want to know what Nathan Chen’s net worth and how much he earns as one of the highest-paid professional figure skaters (and winter athletes) competing for Team America.

Chen, full name is Nathan Wei Chen, was born on May 5, 1999, in Salt Lake City, Wyoming. He started figure skating at the age of 3 with his sister’s white figure skates, and entered his first skating competition at the age of 4. Along with figure skating, Chen also trained in ballet at West Ballet Academy in Salt Lake City and competed in gymnastics at the state and regional level for seven years. He is also a student at Yale University with a major in statistics and data science. Chen made his Olympic debut at the 2018 PyeongChang Winter Olympics, where he won a bronze medal in the team figure skating event. Chen holds the record for being the first figure skater to achieve five quadrupedal jumps in a competition: toe loop, salchow, loop, flip, and lutz. He also got the nickname “Quad King” after becoming the first Olympic athlete in history to do six quadruple jumps (with four full spins) in the PyeongChang Olympics. He achieved eight jumps four times at the 2018 World Championships. As of 2021, Chen also holds the world records in freestyle and total score in figure skating.

In an interview with Yale News in 2021, Chen revealed that he wanted to become a figure skater because Asian-American athlete like Michelle Kwan and Kristi Yamaguchi. “Growing up in Salt Lake City, where most of my classmates and fellow athletes were predominantly white, it wasn’t easy to see your reflection in yourself,” he said. speak. “I see myself in these athletes and I see how capable and talented they are. If they can, hopefully I can do the same. Being able to see a face like yours helps a lot as an athlete. He also told the newspaper that he decided to attend college because he knew that his career and skills as a figure skater wouldn’t last forever. “I’m still determined to keep skating, I’m not in a state where I’m ready to retire,” he said. “But I knew that this transition to school had to happen at some point, and the earlier this transition, the easier it was for me to transition away from skating.”

Without a doubt, Chen is one of Team America’s most exciting Winter Olympics athletes. But what is Nathan Chen’s net worth? Read on to find out what we know about Nathan Chen’s net worth and how much he’s earned since rising to fame as one of Team USA’s fiercest competitors.

How much does Nathan Chen make as a professional figure skater?

Image: Yomiuri Shimbun via AP Images.

What does Nathan Chen earn as a professional figure skater? Although Chen’s exact earnings as a professional figure skater are not confirmed, Forbes It is estimated that he made at least $1 million from sponsorship deals in the year prior to competing at the Beijing 2022 Winter Olympics. The magazine also reported that Chen earned additional prize money from His brand partner is based on his performance at the Beijing Olympics, with a gold medal

in men’s or team’s individual events, his earnings are doubled. According to Forbes, the gold medal also includes a payment of $37,500 from the US Olympic and Paralympic Committee. John Grady, a professor of sports law at the University of South Carolina, told Forbes: “Nathan Chen has good brand appeal. “[Brands] do not necessarily want to give chances to untested or lesser known athletes in smaller sports. “

As of 2022, Chen has long-term contracts with 11 companies, including Team USA sponsors such as Bridgestone, Comcast, Nike, Toyota and Visa, as well as consumer brands such as Grubhub and Airweave. Chen is also part of the NFT with game developer nWay. Forbes also reports that Chen is one of the few figure skaters and Winter Olympic athletes who can command five- and six-figure marketing deals, as ratings for the Winter Olympics drop. . (The 2018 PyeongChang Winter Olympics dropped about 5 million viewers compared to the 2014 Sochi Olympics.) “It probably still has the same footprint it had,” Grady told Forbes. “It just might not be the priority of watching TV like it used to be.”

Follow International Skating FederationChen earned $18.00 for each of the 2017 Grand Prix of the Figure Skating series of events he won that year: the Rostelecom Cup, Skate America 2017 and the Grand Prix final. He also received $20,000 after taking first place at the Four Continents Figure Skating Championships in February 2017, as well as winning the big money by winning the US Championships in 2018. . Bustle It is estimated that Chen made about $160,000 for the 2017 to 2018 figure skating season alone.

What is Nathan Chen’s net worth?

Photo: AP Photo / David J. Phillip.

What is Nathan Chen’s net worth? Nathan Chen’s net worth is $2.5 million, according to Celebs’ net worth. Although the number is quite large, Forbes reports that it is far less than the net worth of other athletes, including Korean figure skater Kim Yuna, who has earned 16 million dollars in 2014 and has a gold medal from the 2010 Vancouver Olympics and a silver medal from the 2014 Sochi Olympics. Nathan Chen’s net worth is also less than that of famous Winter Olympic athletes. other, like a skier Shaun White, who is worth 60 million dollars; and figure skater Michelle Kwan; who is worth 12 million dollars; Kristi Yamaguchi who is worthy 8 million dollars; Adam Rippon, the worthy one 4 million dollars; Tara Lipinski, the worthy one 25 million dollars; and Johnny Weir, who deserves 4 million dollars. However, Chen is still worth more than other Winter Olympic athletes, like skier Chloe Kim, who is worth between $500,000 and $1 million, according to It’s basically sports. Like other retired Olympic athletes, his net worth is also expected to increase even after a career in figure skating.

In an interview with Olymp Trade.com in 2022, Chen shared what he learned from the 2018 PyeongChang Olympics. “I think the 2017-18 season in particular was a really stressful time,” he said. “I was obviously hoping to win a medal. My thought process was that if I spent an extra four hours in the rink – whatever the amount of time it took to practice and train – I would be able to make that happen. But I ended up taking away my rest and recovery time. I feel like I’m starting to stagnate.” He continued, “I think the biggest thing right now is just learning how to balance, push hard on the ice, but also give yourself time to rest, recuperate and take care of yourself in general.”

Chen also told the website how his mistakes at the 2018 Olympics taught him how to be a better figure skater. “I think we definitely learned the best from our mistakes and were like, ‘Hey, why did that happen and how do we prevent it?’ Having that experience, it’s obviously not fun and it’s not something that I want to do again,” he said. “But it happened… I am still me. I still have the opportunity to continue competing in the future, to continue striving towards my goals.” He continued, “I will keep working and trying to do what I want to do and win or lose. It doesn’t really change who I am.”

Image: Labor Publishing House.

For more on the Olympics, check out Jeremy Fuchs’ 2021 book, Overall Olympics: Every little-known, funny, dramatic and inspirational story is worth knowing. The book, which The New York Times called an “indispensable Olympic resource” and “pure joy,” tells the history of the Games, from how it began in a Victorian English town that had named Many Wenlock to discontinued sports that are no longer around like tug of war, firefighting, painting and, yes, live pigeon shooting. The best-selling book, featuring hundreds of true stories and historical photographs, also includes the stories of world-famous and lesser-known athletes such as gymnasts. Shun Fujimoto, who led his team to victory with a broken knee.

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