Los Angeles and Paris have been jointly awarded the 2024 and 2028 Olympic Games, respectively. This marks the first time that Paris has hosted the Olympics since 1924. The decision to award Paris the Games was made in 2017, as part of a double award with Los Angeles. The competition venues for the Paris 2024 Olympics will include iconic Parisian landmarks, adding to the allure of the event.
Track and field is set to make history by becoming the first sport to introduce international prize money at the Olympics. World Athletics announced that gold medalists at the Paris Olympics will receive $50,000 each. In total, $2.4 million will be allocated to pay the gold medalists across the 48 track and field events at the games. Relay teams will also be awarded $50,000 to split amongst their members. World Athletics has committed to awarding prize money to silver and bronze medalists at the 2028 Olympic Games in Los Angeles.
World Athletics president Sebastian Coe emphasized the importance of empowering athletes and recognizing their role in the success of the Olympic Games. The introduction of prize money for Olympic medalists is seen as a pivotal moment for the sport of athletics and is part of a journey that began in 2015. The money for the prize comes from
