IOC Rejects Idea of International Federations Paying Prize Money To Olympic Gold Medalists ...Middle East

By James Sutherland on SwimSwam The International Olympic Committee (IOC) firmly let its stance be known regarding international federations paying Olympic prize money during the first of three days of its Executive Board meeting on Tuesday. For the 2024 Paris Olympics, World Athletics became the first global federation to award each of its gold medalists with prize money, offering $50,000 to each event winner. Normally, National Olympic Committees (NOCs) and national federations award prize money to their athletes. The IOC Board made it clear their disapproval of the move, and the idea of it being something that’s carried forward, during the meeting. Another layer to this is the fact that W

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