World Athletics introduces prize money for Olympic gold medallists ...Middle East

Monaco:  Gold medallist in Athletics at the Paris Olympics will receive USD 50,000 as the World Athletics on Wednesday announced it will become the first international federation to award prize money at an Olympic Games. The financial reward will be given to the athletes who win a gold medal in each of the 48 athletics events in the Paris Olympics. Each individual Olympic champion will receive US$50,000. Relay teams will receive the same amount, to be shared among the team. “A total prize pot of USD 2.4 million has been ring-fenced from the International Olympic Committee’s revenue share allocation, which is received by World Athletics every four years. This will be used to reward athletes

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