Javelin Ace Neeraj Chopra Can Get Richer By USD 50,000 At 2024 Paris Olympics; Heres How

Javelin Ace Neeraj Chopra Can Get Richer By USD 50,000 At 2024 Paris Olympics; Heres How

Neeraj Chopra grew to become India’s first-ever observe and area gold medallist on the Olympics when completed on high of the rostrum in males’s javelin in Tokyo in 2021.

Revealed: April 10, 2024 4:28 PM IST


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Neeraj Chopra will defend his javelin gold at Paris Olympics.

Monaco: In a primary for an Olympic sport, gold-medallists in 48 athletics occasions of this 12 months’s Paris Olympics will likely be awarded c by World Athletics, which is able to widen the spectrum by giving prize cash to all three medal winners on the 2028 Los Angeles version. India is hoping for a gold medal in Paris from reigning Olympic champion Neeraj Chopra, who completed on high within the Tokyo Video games. He grew to become the primary Indian observe and area athlete and second general in particular person sports activities to win a gold within the Olympic Video games.

With the landmark determination introduced on Wednesday, World Athletics (WA) will develop into the primary worldwide federation to award prize cash at an Olympic Video games. “World Athletics … will develop into the primary worldwide federation to award prize cash at an Olympic Video games, financially rewarding athletes for attaining the head of sporting success, beginning at this summer season’s Olympic Video games in Paris,” WA mentioned in an announcement.

World Athletics President Sebastian Coe mentioned the introduction of prize cash for Olympic gold medallists was a “pivotal second” for the worldwide physique and the game of athletics as a complete.
“A complete prize pot of USD 2.4 million has been ring fenced from the Worldwide Olympic Committee’s income share allocation, which is acquired by World Athletics each 4 years. This will likely be used to reward athletes who win a gold medal in every of the 48 athletics occasions in Paris with USD 50,000 ((Rs 41.60 lakh),” WA acknowledged.

“This initiative by World Athletics additionally features a agency dedication to increase the prize cash at a tiered degree, to Olympic silver and bronze medal winners on the LA 2028 Olympic Video games.” Relay groups will obtain the identical quantity, to be shared among the many crew. The format and construction of the 2028 Los Angeles Olympics bonuses will likely be introduced nearer the time of Video games.

The fee of prize cash will, nonetheless, rely upon the World Athletics ratification course of, together with athletes present process and clearing the standard anti-doping procedures. Coe mentioned the transfer underscores WA’s dedication to empowering the athletes and recognising the crucial position they play within the success of any Olympic Video games.

“That is the continuation of a journey we began again in 2015, which sees all the cash World Athletics receives from the Worldwide Olympic Committee for the Olympic Video games go instantly again into our sport,” he mentioned.

“We began with the Olympic dividend funds to our Member Federations, which noticed us distribute an additional USD 5 million a 12 months on high of current grants geared toward athletics progress tasks, and we at the moment are ready to additionally fund gold medal performances for athletes in Paris, with a dedication to reward all three medallists on the LA28 Olympic Video games.”

Coe added that it’s unattainable to place a marketable worth on successful an Olympic medal, or on the dedication and focus it takes to symbolize one’s nation. “I feel it is necessary we begin someplace and ensure a few of the revenues generated by our athletes on the Olympic Video games are instantly returned to those that make the Video games the worldwide spectacle that it’s.”

Rupesh Salve

Meet Rupesh, our dynamic sports reporter who brings you the pulse of the sporting world every day. With a fervent passion for athletics and an eagle eye for game-changing moments, Rupesh is dedicated to delivering the latest sports news that keeps you at the forefront of the action.

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