World Athletics introduces $50,000 prize money for Olympic gold medallists

World Athletics introduces $50,000 prize money for Olympic gold medallists

Track and field athletes set to benefit financially from Paris 2024Seb Coe hopes IOC will welcome move: ‘The world has changed’

World Athletics has broken 128 years of Olympic tradition – and set itself on a potential collision course with the International Olympic Committee – by announcing that it will become the first international sports to give athletes money for winning a gold medal at the Games.

Starting in Paris summer, track and field athletes who win gold in each of the 48 events will also walk away with $50,000. World Athletics have also promised to extend the cash prizes to Olympic silver and bronze medal winners at the LA 2028 Games.

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