2024 Olympic Games: Federations critical of World Athletics prize money

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2024 Olympic Games: Federations critical of World Athletics prize money
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World Athletics' decision to award prize money at the Paris Olympics 'undermines the values of Olympism', a group of sport federations say.

A group of international sports federations say World Athletics' decision to award prize money at the Paris Olympics "undermines the values of Olympism and the uniqueness of the Games".In a statement, the Association of Summer Olympic International Federations , said it was "neither informed nor consulted", despite World Athletics being one of its members."One cannot and should not put a price on an Olympic gold medal," it said.

It added that "there has been consensus that Olympic revenues should, at least for the more commercially successful and financially independent international federations, be invested as a priority into development and integrity matters… it appears that World Athletics' latest initiative opens rather than solves a number of complex issues.

Given the Olympics' origins as an amateur sports event, the International Olympic Committee does not award prize money but distributes funding through international federations, and national Olympic committees. In response to ASOIF's statement, World Athletics said: "Awarding this prize money to gold medallists in Paris 2024, and then extending it to all medallists in LA 2028, is about underscoring our unwavering commitment to empowering the athletes and recognising the critical role they play in the success of an Olympic Games.

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