Gold medal for politics: why Olympic prize money is a smart move by Seb Coe | Sean Ingle

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The $50,000 is unlikely to change athletes’ motivation while Coe is a likely candidate for IOC president in 2025

World Athletics’ radical decision to become the first sport to award prize money to Olympic gold medallists came as a bolt from the blue – but it also carried the subtlety of a bare-chested strongman swinging a fairground sledgehammer.

This was a move designed to poke at the International Olympic Committee’s tenderest regions, by highlighting the fact in the 128-year history of the Games it has never paid its stars to compete in the biggest sporting show of all. Judging by the IOC’s terse response, it worked too.

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Written by Sean Ingle
This news first appeared on https://www.theguardian.com/sport/2024/apr/10/gold-medal-for-politics-why-olympic-prize-money-is-a-smart-move-by-seb-coe under the title “Gold medal for politics: why Olympic prize money is a smart move by Seb Coe | Sean Ingle”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.