Victory Salute, commonly referred to as the Olympic Black Power Statue, is a monument depicting the 1968 Olympics Black Power salute performed by African-American athletes Tommie Smith and John Carlos. The monument consists of two fiberglass statues covered in ceramic tiles, atop a concrete base designed to emulate the Olympic podium. It was created in 2005 by Portuguese artist Rigo 23 and is installed next to Tower Hall on the San José State University campus, in San Jose, California, United States.

In 1968, as members of San Jose State's Speed City era of athletics, Tommie Smith and John Carlos competed in the 1968 Summer Olympics in Mexico City. After earning gold and bronze medals respectively, the duo raised a Black Power salute while "The Star-Spangled Banner" played, which became one of the most defining acts of protest of the civil rights movement. Despite disapproval of the protest among the general public, San Jose State University President Robert D. Clark expressed his support of the act.

In Winter 2002, San Jose State student Erik Grotz initiated a project to honor Smith and Carlos at their alma mater; "One of my professors [Cobie Harris] was talking about unsung heroes and he mentioned Tommie Smith and John Carlos. He said these men had done a courageous thing to advance civil rights, and, yet, they had never been honored by their own school". Grotz worked with Department of Art Chair, Dr. Robert Milnes to create a mock-up to pitch to the University's Associated Students board, who approved the project on December 11, 2002, and began fundraising.

The Associated Students raised over $300,000 for the project and initially intended the statue to be placed next to the now former location of the Scheller House on the Paseo de San Carlos. However, the project was moved to be on the lawn adjacent to the Tower Hall and the Robert D. Clark Hall in order to be in a more central location on campus and to honor President Clark's support of the protest. On October 16, 2003, the 35th anniversary of the protest, Portuguese artist Rigo 23 was announced as the sculptor for the project.

Victory Salute was assembled in early October 2005, and was unveiled to the public on October 17, 2005, drawing hundreds in attendance. A panel discussion was held featuring Smith and Carlos, as well as silver-medalist Peter Norman, fellow Speed City era sprinter Lee Evans, and head coach Payton Jordan. Additional speeches were given by vice-mayor of San Jose Cindy Chavez, San Jose State President Don W. Kassing, and actor Delroy Lindo, followed by honorary doctorate degrees awarded to Smith and Carlos. The statue was unveiled during a performance of "The Star-Spangled Banner", mirroring the original protest.

In January 2007, History San Jose opened a new exhibit called Speed City: From Civil Rights to Black Power, covering the San Jose State athletic program. The exhibit focused on the San Jose State athletic program, highlighting how many student athletes from the Speed city program gained global recognition during Civil Rights and Black Power movements.

In 2008, after critics argued that Victory Salute did not give unfamiliar onlookers the appropriate historical context, a plaque was added in front of the statue. The plaque reads:

In 2022, San Jose State students and faculty embedded Victory Salute into their Public Art as Resistance project.