Paris Olympics 2024: World Athletics announces prize money for track and field gold medallists

In a first, gold medal winners in track and field events at the 2024 Paris Olympics will be rewarded with $50,000, World Athletics announced on Wednesday.

World Athletics, in a statement, said that a total prize pot of $2.4 million that the body will receive from the International Olympic Committee’s revenue share allocation will be used to reward athletes who win a gold medal in each of the 48 athletics events in Paris.

This initiative by World Athletics also includes a firm commitment to extend the prize money at a tiered level, to Olympic silver and bronze medal winners at the Los Angeles Olympics in 2028.

When sharing details of the decision, World Athletics President Sebastian Coe commented: “The introduction of prize money for Olympic gold medallists is a pivotal moment for World Athletics and the sport of athletics as a whole, underscoring our commitment to empowering the athletes and recognising the critical role they play in the success of any Olympic Games.

“This is the continuation of a journey we started back in 2015, which sees all the money World Athletics receives from the International Olympic Committee for the Olympic Games go directly back into our sport.”

The payment of prize money will depend upon the World Athletics ratification...

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