Track and field introducing prize money at Olympics; Paris Games gold medallists to get $50,000
The HinduTrack and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medallists in Paris. The governing body of athletics said it was setting aside $2.4 million to pay the gold medallists across the 48 events on the track and field program for this year’s Paris Olympics. “While it is impossible to put a marketable value on winning an Olympic medal, or on the commitment and focus it takes to even represent your country at an Olympic Games, I think it is important we start somewhere and make sure some of the revenues generated by our athletes at the Olympic Games are directly returned to those who make the Games the global spectacle that it is,” World Athletics President Sebastian Coe said in a statement. The modern Olympics originated as an amateur sports event and the International Olympic Committee does not award prize money, though many medallists receive payments from their countries’ governments, national sports bodies or from sponsors.
History of this topic
Track and field paved with gold as money flows to athletes
China Daily
Olympic prize money ‘unfair’, favours the elite, says IOC
The Hindu
Olympics 2024: How much money do athletes win for gold, silver and bronze?
The IndependentOlympic track and field seeing dollar signs with splashy cash infusions into the sport
Associated Press
World Athletics launches new ‘Ultimate Championship’ with record $10m prize pot
The IndependentWorld track body creates biennial championships with bigger cash prizes as potential Olympics rival
Associated Press
Olympic boxers handed prize money boost for winning medals at Paris 2024
The Independent
One of the biggest hurdles for athletes on the Paris Olympic path: Money
Al Jazeera
Sir Steve Redgrave: Track and field prize money at Olympics will divide athletes
The Independent
Olympics boss distances himself from athletics prize money move
New Indian Express
Paris 2024 Olympics: ASOIF express concerns over athletics prize money
The HinduOlympic sports bodies criticize track and field’s move to pay $50,000 for Paris gold medalists
Associated Press
Paris 2024: World Athletics prize money move creates problem, says British Olympic Association chief
The Hindu
$50k for gold as Coe takes athletics down a different track
China Daily
$50k for gold as Coe takes athletics down a different track
China Daily
World Athletics introduces prize money at the Olympics; Paris winners to get $50,000
The Hindu
World Athletics unveil £1.89m prize pot for Paris track and field gold medals
The Independent
Track and field introducing prize money at Olympics with Paris gold medalists to get $50,000
The IndependentTrack and field becomes first sport to pay prize money at Olympics. Paris gold medalists get $50,000
Associated Press
Track and field becomes first sport to pay prize money at Olympics
Al Jazeera
Olympic track and field gold medalists to receive prize money from World Athletics for first time
New York Times
Olympic sports bodies want talks with IOC on threats from adding cricket and others to 2028 program
The HinduDiscover Related
