A Paris 2024 Olympic and Paralympic Games' athletics track of two shades of purple manufactured by Mondo Sports Flooring is installed next to the Stade de France stadium in Saint-Denis near Paris, France, March 24, 2024. Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying on Wednesday it …
Since the day they were founded, the Olympics have had a confusing relationship with money. This week’s news that track’s international federation will pay $50,000 to gold-medal winners at the Paris Games was the latest step in a century’s worth of unraveling the myth of amateurism at the Olympics. In one speech, according to the authoritative book on the topic, …
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