World Athletics has announced a groundbreaking move for the Paris 2024 Olympics by introducing prize money for medal winners, marking a significant departure from a 128-year tradition. For the first time in the history of the Olympic Games, athletes winning gold in track and field events will receive $50,000 each, with a total prize pool of $2.4 million allocated for the 48 athletics events. This initiative makes track and field the first Olympic sport to offer such financial rewards directly to its athletes. The decision, a marathon effort led by World Athletics President Seb Coe, is set to benefit all gold medalists in Paris 2024 and extends to silver and bronze medalists starting from the 2028 Los Angeles Olympics. This historic announcement not only highlights the evolving landscape of professional athletics but also raises questions about the future of Olympic amateurism and the International Olympic Committee's stance, which has not endorsed the move but noted that it redistributes 90% of its income to support athletes and sports development.
Track and field becomes first sport to pay prize money at Olympics https://t.co/Wqcny5KWTw https://t.co/q1E9YcoINh
Track and field winners at the Paris Olympics will walk away with more than just a medal. 🥇 https://t.co/xNfF1Nszee https://t.co/XlLVOIz2gj
The Paris Olympic Games will award $50,000 to each of this year's 48 athletics gold medalists, ending a 128-year tradition https://t.co/gvLGiTnTOE https://t.co/4C0sj7NShL
I have no problem with @WorldAthletics offering prize money for Olympic medals. But $50,000 (£39,000) for a gold medal? Prize money for finishing 50th at this week’s @TheMasters is better than that.
Track and field becomes first sport to pay prize money at Olympics https://t.co/SoCUlfUPa6 https://t.co/ll30XmOVI3
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.… https://t.co/useLANqnHd
Track and field will be the first sport to introduce prize money at the Olympics, with World Athletics saying it will pay $50,000 to gold medallists in Paris. https://t.co/1w6d9LRsBQ
World Athletics will award $50,000 bonuses to gold medalists in the Paris Games 💰 This is the first international federation to offer prize money for success in the Olympics. Read more from @RachelAxon ⬇️ https://t.co/fEruV0npbA
NEWS: Track and field gold medalists in this summer’s Paris Olympics will receive $50,000 in prize money from the sport’s governing body, marking the first time an international federation has paid athletes for Olympic success. More details ⤵️ https://t.co/YuK4QAJukk
Athletics has become the first sport to offer prize money to Olympic champions, announcing that the 48 gold medallists in Paris this year will earn $50,000 each to end a 128-year tradition https://t.co/gvLGiTorEc https://t.co/N7dOVhX5XA
Track and field will be the first sport to give direct cash payments for Olympic gold medals, the sport’s federation announced Wednesday. All individual gold medalists in the sport at the Paris Games this summer will receive $50,000. https://t.co/bNUNN5a5b3
Athletics has become the first sport to offer prize money to #Olympic champions, announcing that the 48 gold medalists in #Paris this year will earn $50,000 each. https://t.co/1TiFUZuTs8
A "pivotal moment" for athletics! World Athletics will become the first international federation to award prize money at the Olympic Games. The governing body's president Sebastian Coe says it's a "recognition that the athletes are the stars of the show". https://t.co/6kdSNz4K8m
World Athletics says it's setting aside $2.4 million to pay gold medallists across the 48 events on the track and field program for this year's Paris Olympics. https://t.co/9kB6Cul3dJ
Prize money is coming to the Olympics for the first time this summer The world's track and field governing body has set aside $2.4 million for its athletes • Gold medalists only • $50,000 for each medal • Relay teams split the $50,000 https://t.co/uKAADmD1A1
World Athletics introduces prize money for track and field athletes at Paris Olympics https://t.co/nugPLow2Ts
For the first time, Olympic track & field will directly pay its gold medalists. Winners will net $50,000 in Paris, World Athletics said Wednesday, making it the first sport to pay out prize money at the Olympics.
#Paris2024 | World Athletics to become 1st federation to award prize money at the Olympic Games Athletics has become the 1st sport to offer prize money to Olympic champions, announcing in a landmark decision on Wednesday that the 48 gold medallists in Paris this year will earn… https://t.co/STjKJeobm9
World Athletics breaks Olympic tradition with $50,000 prize for gold medalists In a groundbreaking move, World Athletics has shattered a 128-year-old Olympic tradition by announcing cash prizes for gold medalists at the Games. Commencing with the upcoming Paris Olympics, track… https://t.co/K5iWojh11k
Winners of track and field events at this year’s Olympics in Paris will receive more than just a gold medal. They’ll also get a $50,000 prize. https://t.co/mL17o0thwZ
Olympic athletics champions to earn $50,000, end of 128-year tradition https://t.co/iRfJyGMk5a
Major change to Paris 2024 Olympics as prize money for gold medallists revealed in historic announcement https://t.co/IcGjqYpQOJ
Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying it would pay $50,000 to gold medalists in Paris. https://t.co/JN1atZSCii
Track and field athletes who win gold at the coming Summer Olympics in Paris will go home with an extra $50,000, World Athletics announced. https://t.co/pNrcSJ5RAd
Track and field has become the first Olympic sport to offer prize money https://t.co/cZHad2SDBB
Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 US to gold medallists in Paris. https://t.co/9kB6Cul3dJ https://t.co/9kB6Cul3dJ
Track and field is set to become the first sport to introduce prize money at the #Olympics https://t.co/QtKPolk4fD
GOLD MEDALISTS TO RECEIVE PAYOUT! 🥇💰 Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medalists in Paris. https://t.co/cHnv4TBug4
Track and field to become first sport to pay prize money at Olympics https://t.co/5Xv3SXAAO6 https://t.co/G2y0c7QWqt
Athletics becomes the first sport to award prize money in the Olympics, with a total prize of $2.4 million for 48 gold medalists in the Paris Games. #Paris2024 https://t.co/xfONFsyRpo
Track and field becomes first sport to pay prize money at Olympics, $50,000 for gold medal https://t.co/FYYp3lCpZv
Olympic champions to earn $50,000, end of 128-year tradition https://t.co/WEC7xC5zW4 https://t.co/NVZLoPF4TV
IOC response not endorsing cash for medallists “IOC redistributes 90% of all its income, in particular to the National Olympic Committees & International Federations …up to each IF and NOC to determine how to best serve their athletes and the global development of their sport” https://t.co/6TGBCwriMk
CASHING IN AT THE OLYMPICS Good morning sports fans. Track and field is set to become the first sport to introduce prize money at the Olympics. World Athletics saying it will pay $50,000 US to gold medallists in Paris this summer. https://t.co/pY8UqQwLuw
Track and field becomes first sport to pay prize money at Olympics. Paris gold medalists get $50,000 https://t.co/DrhBLrf0ij
World Athletics to award USD 50,000 to gold-medallists at Paris Olympics #Paris2024 | @ITGDsports https://t.co/meUbXTvNAY
Athletics federation to pay gold medal winners $50,000 at Olympics https://t.co/AZUJxAf9K4
Track and field becomes first sport to pay prize money at Olympics, Paris gold medalists get US$50,000 https://t.co/E0gQgWxTSY
Athletics will become the first sport to introduce prize money at the Olympics this summer 🔗 Read more https://t.co/gAgaYJlxUO
Gold medal winning track and field athletes to receive $50,000 at Paris Olympics https://t.co/HPDwJOeP9u
Track and field introducing prize money at Olympics with Paris gold medalists to get $50,000 https://t.co/Eikzs6zSqI
Every track and field gold-medal winner at the Paris Olympics will receive $50,000 in prize money in a “landmark” move by World Athletics Read more ⬇️ https://t.co/k8Ex3gtUYL
Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medalists in Paris. https://t.co/svZlTPenNP
Olympic athletics gold medallists will get £39,000 in Paris this summer in break from tradition https://t.co/bz92IpkAIR
This has been a marathon for Seb Coe. Athletics the first Olympic sport to pay prize money - 4 decades after the sport’s boss, Seb Coe, had a pivotal role in ending the amateur status for athletes to ensure they were paid for work after years of scrutiny of various event deals https://t.co/6TGBCwriMk
Paris 2024: World Athletics to become first federation to award prize money at Olympic Games https://t.co/vDrSxr9vYl
Athletics gold medallists to pocket £40,000 payday at Paris Olympics https://t.co/fqBzOn6BCi
Paris Olympics: $50,000 for a gold - athletics becomes first sport to offer prize money to Olympians https://t.co/ca7v582fRI
BREAKING: Athletics will become the first sport to introduce prize money at the Olympics in Paris this summer 🔗Read more https://t.co/kxMLLHzcHF
BREAKING: Athletics will become the first sport to introduce prize money at the Olympics this summer 🔗Read more https://t.co/kxMLLHzcHF
All three medallists in athletics events will be awarded prize money in 2028 Los Angeles Olympics, says World Athletics. #WorldAthletics #AFI https://t.co/g7cj8D4877
Each gold medallist in 48 athletics events in 2024 Paris Olympics to get USD 50,000, international governing body says #WorldAthletics #AFI https://t.co/osOEnsVhuq
BREAKING: Track and field will become the first Olympic sport to award its own prize money at Paris 2024, with gold medalists getting $50,000. https://t.co/KPpx8XITlx
Notable development at the Olympics: World Athletics becomes the first international sports federation to award prize money for Olympic medals - with $50,000 for gold medal winners in Paris. (Shared among relay teams) Silver and bronze medalists set for prize money from LA 2028
Notable development at the Olympics: World Athletics becomes the first international sports federation to award prize money for Olympic medals - with $50,000 for gold medal winners in Paris. Silver and bronze medalists set for prize money from LA 2028
World Athletics says it will give every gold medal winner at Paris Olympics 50,000 dollars. Becomes first sport to do so for Olympics. Will be interesting to see IOC response …
World Athletics introduces prize money for Olympic gold medallists at Paris 2024, and all medallists from LA28.
Paris 2024: UK government backs decision to allow Russian and Belarusian athletes to compete at Games as neutrals, a year after the Secretary of State said that "any plans to allow [them] to participate in Paris are not credible". https://t.co/7PLbTLxYn2
🔴 UK to drop opposition to Russian athletes at Paris Olympics https://t.co/Kdfv5Tr3EK
UK Government performs U-turn as it backs decision to allow Russian athletes to compete at Paris 2024 despite previously leading the revolt against the IOC's stance https://t.co/28G7uNlpAn https://t.co/KC1Sl8NIVq
UK government set to drop opposition to Russian athletes at Paris Olympics https://t.co/YVexiJfxPn
🔺 EXCLUSIVE: The British government has issued its support for the participation of Russian and Belarusian athletes at the Paris Olympic Games in a letter to Thomas Bach, the president of the IOC Read the full story ⬇️ | ✍️ @Lawton_Times https://t.co/jmekd4isGY