Current:Home > NewsTrack and field's decision to award prize money to Olympic gold medalists criticized -Wealth Empowerment Zone
Track and field's decision to award prize money to Olympic gold medalists criticized
View
Date:2025-04-12 00:17:29
The decision to give track and field gold medalists $50,000 at the Paris Olympics is being criticized by Olympic sports bodies who said the move "undermines the values of Olympism and the uniqueness of the games."
Last week, World Athletics President Sebastian Coe broke with tradition when it announced that starting this summer, gold medalists across the 48 events on the track and field program would split $2.4 million from the sport's share of the International Olympic Committee's multi-billion dollar income.
World Athletics got about $39.5 million from the IOC for the Tokyo Olympics held in 2021.
"The introduction of prize money for Olympic gold medalists is a pivotal commitment to empowering the athletes and recognizing the critical role they play in the success of any Olympic Games," Coe said in a statement during the announcement.
Coe, a two-time Olympic champion in the men's 1,5000 meters and former lawmaker in the British parliament, said the money acknowledged that "athletes are the stars of the show."
The International Olympic Committee does not pay prize money, though many state governments and national Olympic bodies do.
The break in tradition, however, is not sitting well with the Association of Summer Olympic Committee, which issued a statement on Friday criticizing the move.
"For many, this move undermines the values of Olympism and the uniqueness of the games," the group, also known by the acronym ASOIF, said Friday. "One cannot and should not put a price on an Olympic gold medal and, in many cases, Olympic medalists indirectly benefit from commercial endorsements. This disregards the less privileged athletes lower down the final standings."
In its statement, the ASOIF said World Athletics did not inform nor consult them in advance of last week's announcement and raised concern that it was done one day after the ASOIF General Assembly. Coe is a member of the ASOIF ruling council.
"During the last days, ASOIF's membership has expressed several concerns about World Athletics' announcement," the group, based in the Olympic home city Lausanne, Switzerland, said.
ASOIF suggested that "not all sports could or should replicate this move, even if they wanted to." Paying prize money "goes against the principle of solidarity" and could take money away from governing bodies' work which was their duty compared to commercial promoters of sports events.
"If the Olympic Games are considered as the pinnacle of each sport, then the prize money should be comparable to, and commensurate with, the prizes given in the respective top competitions of each sport," the group said. "This is technically and financially unfeasible."
In its statement, ASOIF also fueled speculation about the IOC presidential contest next year when Thomas Bach's 12-year limit expires. However, his allies want the Olympic Charter changed to let him stay while Coe turns 68 this year and could be stopped by age limit rules.
The backlash from Olympic sports — whose leaders are among about 100 IOC members who elect the president — likely was predicted by Coe, who has elevated the issue of how to reward athletes in the often insular world of IOC politics.
The cash promise was popular with United States athletes in various sports preparing to compete in Paris, who can earn $37,500 from their team for gold medals, $22,500 for silver and $15,000 for bronze. The Paris Olympics start on July 26.
- In:
- Paris
- Olympics
veryGood! (5196)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- A South Texas lawmaker’s 15
- Meet first time Grammy nominee Charley Crockett
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Questlove charts 50 years of SNL musical hits (and misses)
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- DoorDash steps up driver ID checks after traffic safety complaints
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Intellectuals vs. The Internet
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Recommendation
IOC's decision to separate speed climbing from other disciplines paying off
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Questlove charts 50 years of SNL musical hits (and misses)
Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
Military service academies see drop in reported sexual assaults after alarming surge
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Former Syrian official arrested in California who oversaw prison charged with torture