Grant Fisher and Abdihamid Nur compete in the men's 5000 meter final on Day Ten of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 30, 2024 in Eugene, Oregon.
"Their performances at an Olympic Games, in our own World Championships, provide world athletics with broadcast revenue from the International Olympic Committee and at a world championship level," he continued.
World Athletics President Sebastian Coe defended his decision to pay prize money to track and field gold medalists for the first time at the Paris Olympics this summer, suggesting that the initiative could be extended to future games.
The first phase focused on allocating funds to World Athletics' national governing bodies to support athletes and pay for projects.
Coe, who is serving his third term as World Athletics president, deflected rumors that he may be in line to succeed Thomas Bach as IOC president.
Persons:
Grant Fisher, Abdihamid Nur, I've, CNBC's Tania Bryer, Sebastian Coe, Coe, Steve Redgrave, Thomas Bach
Organizations:
Olympic, Hayward Field, Olympic Games, International Olympic Committee, CNBC, Athletics, Paris, Games, BBC, Olympic Committee, IOC, Olympic Committees, World Athletics, Sony
Locations:
Eugene , Oregon, British, Paris