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Sport

IOC athlete grants signal a shift towards direct Olympic pay

The International Olympic Committee will pay $10,000 to every eligible competitor, breaking with long tradition as athletes press for a fairer share of revenue.

Marcus Bell

Writer ·

4 min read
Olympic rings displayed at a sporting venue
Olympic rings displayed at a sporting venue · Illustrative section image

The International Olympic Committee has broken with a long Olympic tradition by creating a universal grant for athletes who compete at the Games, a move framed as support rather than prize money.

According to Guardian reporting, the new programme will pay $10,000 to each eligible Olympian after participation, with the change arriving as new IOC president Kirsty Coventry begins a wider reform agenda.

Why it matters

Olympic participation is often expensive even for medal contenders. Travel, coaching, medical care and lost income can weigh heavily on competitors outside the biggest commercial sports.

Supporters say a universal payment recognises the preparation and sacrifice required simply to reach the Games, and responds to athletes who have long pressed for a fairer share of the revenue generated by global sport.

What happens next

Questions remain over funding, eligibility and anti-doping compliance, all of which will shape how the scheme is administered in practice.

Even so, the move signals that the Olympic model is shifting towards direct athlete support, a notable departure for an institution that has historically resisted paying competitors.

Source: This summary is based on reporting by The Guardian. The NE Times aggregates and rewrites news for readability; please refer to the original for the full report.

For informational purposes only. The NE Times does not provide live or breaking news coverage — we collect stories from established sources and present them in a readable format. Disclaimer.

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