Historic $100M Donation Secures Post-Retirement Support for Team USA Athletes

Philanthropist Ross Stevens' unprecedented gift will provide long-term financial security for Olympians and Paralympians, starting with the 2026 Winter Games.

The U.S. Olympic and Paralympic Committee (USOPC) announced a $100 million donation from Ross Stevens, the largest in its history, to support Team USA athletes financially after their careers.
The initiative, called the Stevens Financial Security Awards, will provide $100,000 over four years to each Olympian and Paralympian, starting 20 years after their qualifying Games or at age 45, whichever is later.
Athletes will receive additional benefits for multiple Games participation, with three-time Olympians eligible for up to $600,000, and a $100,000 life insurance benefit for their beneficiaries upon death.
The program addresses long-standing financial struggles faced by U.S. athletes, with 57% earning $50,000 or less annually, and aims to offer stability beyond their competitive careers.
The donation is part of broader efforts to raise $500 million by the 2028 Los Angeles Games, aiming to transform athlete support and reduce reliance on sponsorships and part-time jobs.