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IOC scraps 130 years of tradition by paying athletes $10,000 at Olympics

The International Olympic Committee is breaking tradition by granting $10,000 to each athlete starting with the Milan-Cortina Winter Olympics. This initiative impacts 14,000 athletes, including NBA stars and newcomers, aiming to support fut...

The Guardian· Jun 24, 2026 · 9:40 PM · 23 views

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The International Olympic Committee is breaking tradition by granting $10,000 to each athlete starting with the Milan-Cortina Winter Olympics. This initiative impacts 14,000 athletes, including NBA stars and newcomers, aiming to support future talent. Under Kirsty Coventry's leadership, these reforms mark a strategic shift in keeping the Olympics relevant. #Olympics #SportsNews #Athletes #IOC #Innovation

Originally reported by The Guardian. Read the full story →

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