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World Athletics to Award $50,000 for Paris Olympic Gold Medals, Sparking Debate

The decision by World Athletics to provide a $50,000 prize for gold medalists at the Paris Olympics has ignited controversy among Olympic committees.

  • World Athletics announced a $50,000 prize for gold medalists at the upcoming Paris Olympics, marking a departure from traditional Olympic practices.
  • The total prize fund of $2.4 million will be distributed among winners in 48 track and field events.
  • Several Olympic committees and federations have criticized the move, arguing it undermines the values of Olympism and could disadvantage less privileged athletes.
  • The Association of Summer Olympic International Federations was not consulted about the decision, fueling further discontent within the Olympic community.
  • The new prize money policy is popular among athletes but has divided opinion among Olympic officials and raised questions about the future of Olympic prize distributions.
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