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Olympic athletes to get cash grants from new $100m fund created by IOC (opens original article in a new tab)

TL;DR

The IOC has created a $100m fund offering $10,000 grants to Olympic athletes after the 2026 Milan Cortina Winter Games and 2028 Los Angeles Summer Games, marking a policy shift under president Kirsty Coventry.

  • Olympic athletes can apply for $10,000 grants from a new $100m fund created by the IOC.
  • The grants are not considered prize money and are available to athletes after competing in summer or winter games.
  • The IOC's decision follows resistance to paying prize money at the Olympics and reflects a policy shift under president Kirsty Coventry.

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