Author: admin

Here’s what some Olympic athletes get instead of cash prizes

News

The International Olympic Committee doesn’t award Olympians prize money for earning medals. Yet gold, silver and bronze medalists from different countries can still collect a range of rewards for outstanding performances. Individual governments and private sponsors often compensate athletes with cash, property and even more unusual prizes, like livestock. This year, for example, Olympic track and field gold medalists will win $50,000 from World Athletics, making it the first international federation to award prize money at an Olympic Games, the organization announced in April.  World Athletics President Sebastian Coe said in a recent interview with CNBC that athletes deserve a share…

Read More