Fri. Nov 8th, 2024
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Offering prize money to gold medallists at the Paris Olympics is discriminatory and goes against Olympic values, a committee says.

European Olympic Committees (EOC) president Spyros Capralos criticised the decision by World Athletics on Friday.

World Athletics (WA) and the International Boxing Association (IBA) have announced payments for their own medallists, with WA offering $US50,000 ($75,000) in prize money to its 48 Olympic champions in Paris.

WA, headed by former Olympic champion and current International Olympic Committee (IOC) member Sebastian Coe, will not offer cash for silver or bronze at these Games but will do so at the Los Angeles Olympics in 2028.

The IBA said it would offer money to all medallists at the July 26–August 11 games, with $US100,000 to gold medal winners, $US50,000 for silver medals and $US25,000 for bronze.

The Olympic rings are displayed on the first floor of the Eiffel Tower.
France will host the 2024 Games in late July to early August.(Reuters: Sarah Meyssonnier)

These decisions have angered other international federations as well as the IOC, which sees the move as a direct interference in their event without any prior consultation.

“We believe in the Olympic Games the athletes go there to compete for the values of the Olympic Games and their last preoccupation is to get money and bonuses,” said Mr Capralos, who is also an IOC member.

A total of 10,500 athletes are expected to compete across 32 sports in Paris.

“I think that every country through their National Olympic Committees and governments have set bonuses for athletes winning medals,” Mr Capralos told a press conference in Romania.

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