CNN —World Athletics (WA) will become the first international sports governing body to award prize money to Olympic gold medalists starting at the Paris 2024 Games, the federation said in a statement on Monday.
Athletes who win gold in each of the 48 track and field events in Paris will receive $50,000.
Traditionally, Olympic medal winners don’t receive prize money as the event originated as an amateur competition.
WA says it is committed to extending the bonus initiative to Olympic silver and bronze medalists at the Los Angeles 2028 Olympic Games.
“It reflects World Athletics’ view that the athletes – our athletes make up 20% in numbers at an Olympic Games – should be recognized,” he said.
Persons:
Sebastian Coe, ” Coe, Coe, ”, “
Organizations:
CNN, Athletics, WA, Olympic, ” WA, Olympic Games, Los, Games, National Olympic Committee
Locations:
Paris