Explaining figure skating costs on ice from @planetmoney

The creator, a host for Oregon Public Broadcasting, ice skates while delivering a report on the high cost of becoming an Olympic figure skater. She introduces herself, reveals that it can cost up to $1 million, explains the 'pay your own way' system in the U.S., and concludes that economics, not just talent, determines success in the sport before providing a call-to-action to listen to the full podcast episode.

Creator: @planetmoney on Instagram

Transcript

Hi. I'm Lillian Garibay. I'm a figure skater, but I'm not an Olympic figure skater. Still, I know it costs a lot of money to look this effortless. So for the latest episode of The Indicator, I talked to three Olympic figure skaters to figure out how much it worst to get tier, and we came up with a number. $1,000,000. And in The US, like other Olympic sports, figure skating is built on a pay your own way system. Families have to shell out for private coaching, ice time, choreography, and costumes

Topics: Sports, Business, Education

393,304 views