Paris 2024 Olympics: Tobi Amusan, Ese Brume, and other athletes set to get $50,000

Nigeria athletes who have qualified for the Paris 2024 Olympics stand the chance of smiling home with $50,000.

In a landmark decision, World Athletics announced it will become the first international federation to award prize money at an Olympic Games, financially rewarding athletes for achieving the pinnacle of sporting success, starting at this summer’s Olympic Games in Paris.

A total prize pot of US$2.4 million has been ring-fenced from the International Olympic Committee’s revenue share allocation, which is received by World Athletics every four years.

This will be used to reward athletes who win a gold medal in each of the 48 athletics events in Paris with US$50,000.

This initiative by World Athletics also includes a firm commitment to extend the prize money at a tiered level, to Olympic silver and bronze medal winners at the LA 2028 Olympic Games.

The payment of prize money will depend upon the World Athletics ratification process, including athletes undergoing and clearing the usual anti-doping procedures.

With this development, Nigerian athletes can bank on rewards for good performance during the Olympics taking place in Paris, France this year.

The likes of Tobi Amusan and Ese Brume are favorites to win gold medals in their categories at the Olympics.