Pole vaulter Armand Duplantis and discus player Daniel Ståhl may be richer after the Paris Olympics.
Namely, a piece of gold makes the coffers ring, just over 500,000 kroner.
“I think it is important that we start somewhere,” says Sebastian Coe, president of the International Association of Athletics Federations.
In a statement, the chairman talks about the federation’s plans, which are that “part of the revenue generated by the athletes at an Olympic Games should be given to those who make the Olympics the global spectacle that it is”.
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Concretely, this means that gold medalists in Paris are rewarded with 50,000 US dollars, roughly 500,000 Swedish kronor, in prize money.
“This is a continuation of the journey we started in 2015, where all the money World Athletics receives from the International Olympic Committee goes directly back into our sport,” says Sebastian Coe.
“We started with Olympic handouts to our affiliates and now we’re in a position to fund performances that bring gold in Paris.”
The association, which is the first to introduce prize money at the Olympics, plans to reward all medalists at the 2028 Los Angeles Olympics.
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READ MORE: The incredible detail that reveals how Armand Duplantis and Ebba Andersson are related to each other: “I got goosebumps”
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