Each Team Nigeria athlete will get a whopping $50,000 if they clinch a gold medal at the upcoming Olympic Games in Paris.
World Athletics on Wednesday 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 received 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.
The payment of prize money will depend upon the World Athletics ratification process, including athletes undergoing and clearing the usual anti-doping procedures.
Each Olympic champion will receive US$50,000, Relay teams will receive the same amount, to be shared among the team.
