Good read: The high price of raising an Olympian
Filed in archive Kids and Sports by Michelle Donahue Hillison on August 15, 2008
Training costs are pricey alone but when you factor in the rest of the expenses, it can be staggering.
"We spent hundreds of thousands of dollars on Heather," Jan Peck [mother of soccer player heather mitts] recalls. "Tournaments, hotel accommodations, private lessons, food, travel, sitters for siblings or pets - all those things cost money."
And what if you don't have all of that cash on hand?
Gymnast Shawn Johnson's parents, for example, took out a line of credit on their home and have used that money over the years to cover travel expenses. The debt has made a dent in the family finances, but that's a price parents seem willing to pay.
I don't even want to think about the families with more than one child competing at that level.
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