An athlete may be awarded S$ 1 million for an Olympic metal, S$ 500, 000 for a magic and S$ 250, 000 for a copper. Swimming champion Joseph Schooling, who won the 100-meter butterfly at the 2016 Rio Olympics, was the only athlete to receive the best prize.
All players are required to donate a portion of their MAP accolades to their individual National Sports Associations for upcoming training and development. In Maeder’s situation, he will need to provide 20 per cent of his reward money, or S$ 50, 000, to the Singapore Sailing Federation.  ,
The MAP prizes are also deductible.
” The Olympic Games represent the pinnacle of sporting success, where the country’s finest athletes gather not just to thrive, but to represent the highest ideals of superiority, compassion and respect”, said SNOC leader Grace Fu, who is also Minister for Sustainability and the Environment.
” Our players in Paris did just that – representing Singapore with passion, endurance and unwavering dedication.
They stood tall on the country’s biggest level and carried the hopes of a country.
Edwin Tong, the minister for society, society, and youth, Yeo Jia Min and Amita Berthier, as well as Maeder’s families, Hwee Keng and Valentin, were also present at the event.
A full of 23 players represented Singapore at the Paris Olympics, with 15, including Maeder, making their Games debut.
MAEDER’S STANDOUT YEAR
Maeder’s brass was Singapore’s fifth Olympic award and meant that he became the country’s youngest Games medallist. He ended , Singapore’s eight-year rush for an Olympic floor finish , since Schooling won gold in 2016.  ,
He is even Singapore’s first Olympian sailing champion.
The 18-year-old, who is the nation’s top-ranked kitefoiler, has been in beautiful shape this time. Maeder won five straight titles, including the world finals where he defended his name, before taking to the ocean for the Olympics.
He has continued in a similar spirit post-Olympics.
In September, Maeder , won the , Hungarian foot of the KiteFoil World Series , and followed that up by , winning the , 2024 Formula Kite Asian Championships , in Daishan, China.
The following quarter, he retained his , IKA KiteFoil World Series , name after winning its European foot, before topping the empty event at , Formula Kite Youth European Championships in Sardinia, Italy.
At the Singapore Sports Awards in June,  , the , Asian Games metal medallist , took the Sportsboy of the Year dignity for the fourth consecutive time.
Maeder is likewise among , the contenders for the inaugural , Young World Sailor of the Year award , at the 2024 World Sailing Awards.