World Athletics has made a groundbreaking decision to become the first international sports governing body to award prize money to Olympic gold medalists, starting with the Paris 2024 Games. This move marks a significant shift in the traditional approach to rewarding Olympic athletes.
A prize pot of $2.4 million has been allocated by World Athletics from the revenue share it receives from the International Olympic Committee every four years. This fund will be used to recognize and reward the exceptional achievements of track and field athletes who secure gold medals at the upcoming Olympic Games.