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USSA Using Crowdfunding to Rasie $ for Athletes

post #1 of 3
Thread Starter 

See: http://usskiteam.com/news/ussa-partners-crowdfunder-rallymecom

 

The above article about crowdfunding discusses an interesting way for more athletes to fund ski racing (freestyle, Nordic, etc.) costs. After a cursory look at the RallyMe site, it seems the company takes 5% while PayPal gets a 3% cut. 92% going to the athlete is pretty good, considering some contributions are matched without costs being taken out.   When you consider most of these kids are now receiving almost nothing from the public and get nothing from the government, crowdfunding may turn out to be OK. It would be better, of course, if fees were waived for anyone who earned a spot on the Olympic team.

post #2 of 3
Probably works well for a few years before disappearing. Sorta like charities, images of starving African kids only works for so long before people going from "aww poor kids I gotta do something" to "not again...".
post #3 of 3

Imagine if the IOC paid part of their $4+ billion revenue back to athletes? 

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