The International Boxing Association (IBA) announced on Wednesday that it will offer prize money to all Olympic champions and medallists at this year's Paris Games.
Although the IBA is not organizing the boxing tournament at the Paris Olympics, having been stripped of recognition by the International Olympic Committee (IOC) last year, it will still award $100,000 to gold medallists, $50,000 to silver medallists, and $25,000 to bronze medallists based on their placings at the July 26-August 11 Games.
