Athletics Financial News

Here is the list of award money athletes get for finishing on the podium in Olympics. Hong Kong and Singapore top the list for the highest cash payouts for Olympic victories.

Olympic uniforms as an official sport, and give away medals for the same, looking at the amount of craze and love viewers have for these attires of different nations, typically worn during Olympics opening and closing ceremonies.

Paris Olympics 2024 action is at its very last phase, with the penultimate day of action starting off in a few hours. On August 10, 39 gold medals will be up on offer for the athletes of respective nations, in a final bid to consolidate their positions in the Paris Olympics medal tally, which is seeing some massive ups and downs, as countries keep increasing their medal count.

Paris Olympics has seen its fair share of bizarre occurrences and incidents, and a recent one, revolving around a speed climber, is just like the icing on a cake. According to a Yahoo Sports report, Team USA's speed climber Sam Watson was not able grab a gold medal in the speed climbing event at the Paris Olympics 2024, even after setting a world record, by climbing a 49 ft wall within a matter of 4.74 seconds.

2024 Paris Olympics, a stage where athletic prowess meets global attention, saw the German track star Alica Schmidt, often hailed as the “world’s sexiest athlete,” fall short of her Olympic dreams. Despite high expectations, Schmidt and her team were unable to secure a spot in the women’s 4×400-meter relay final, marking a disappointing end to her campaign.

Late Thursday, Coinbase Chief Legal Officer Paul Grewal publicly challenged the Commodity Futures Trading Commission’s (CFTC) proposed ban on event contracts.

PARIS—Ever since Team USA won its last Olympic weightlifting gold at the 2000 Sydney Games, a generation of Americans has tried and failed to outdo rivals in hoisting dangerously heavy pieces of metal above their heads. Now, nearly a quarter-century later, that drought looks set to end Friday via the chalked hands of a 21-year-old Tennesseean. After conquering an Olympic qualifier, Olivia Reeves enters the 157-pound division as the top-ranked lifter and gold-medal favorite.

South Korean officials say providing Samsung smartphones to North Korean athletes at the Paris Olympics would violate U.N. Security Council sanctions against the country over its nuclear ambitions

Friday 09 August 2024 – Meme Games ($MGMES) has raked in a cool $350,000 in its presale, and with meme coins bouncing up 11.2% in the last 24 hours, it’s got everyone wondering if the supercycle from earlier this year is about to make a comeback.

Raven Saunders identifies as a non-binary and become a topic of major conversation around this year's Olympics, which was quite problematic and controversial, while some others have encouraged the athletes' spirit, which had earlier won a silver medal in the women's shot put at the Tokyo 2020 Olympics.

Arshad Nadeem has surely given Pakistan the ultimate Independence Day gift by winning the country's first-ever individual Olympic gold medal at the Paris Olympics 2024. Competing in the men’s javelin throw final, Nadeem not only clinched gold but also set a new Olympic record with an outstanding throw of 92.97 meters. In a heartfelt message after his victory, Nadeem said, «First of all, I thank Allah Almighty for this huge success. With the prayers of my parents, the prayers of the entire nation, and especially the tireless effort of my coach Mr. Salman Iqbal Butt and the support of Dr. Ali Sher Bajwa, I have achieved this massive milestone. Thank you all!» He dedicated his gold medal to the people of Pakistan, saying, «This gold medal is a gift from me to the entire nation on the occasion of Independence Day.»

PARIS—Carlos Yulo won two Olympic gold medals for the Philippines. As it turned out, that was just the beginning of the gymnast’s epic prize haul. At home, he will get a congressional medal and at least $350,000 from the government.

What's done is done. Let us celebrate the victories and the sheer talent and grit of our hero, Vinesh Phogat. This should also be the starting point to revamp India’s sports management—reminding administrators that their roles are not for power play, but for a greater national cause.

gender controversy at the Paris Olympics, BBC host Steve Backley found himself in the spotlight for using incorrect pronouns when introducing American shot putter Raven Saunders during the 2024 Paris Olympics. Saunders, 28, who identifies as non-binary and uses «they/them» pronouns, was competing in the women’s shot put qualifying round when the incident occurred. Saunders, known for their silver medal win at the Tokyo Olympics and their bold, colourful persona, appeared on the field with hair dyed green and purple and a mask covering much of their face. Backley, however, repeatedly referred to Saunders as «her» during the broadcast, prompting his co-host, Jazmin Sawyers, to correct him live on air. Sawyers gently reminded him, saying, «Raven Saunders is actually non-binary and wearing the mask there, we’re quite used to seeing them with interesting attire.»

Paris is getting a colorful splash of Olympic creative spirit with nearly 30 vibrant street art pieces, popping up at bustling metro stations and airports and in front of city hall

While the members of Team USA get to enjoy their fair share of pride, praise and prestige at this year’s Paris Olympics, it’s a costly journey for many who have to take on substantial debt and finance their own training in pursuit of excellence.

Paris Olympics 2024 is one of the most-talked about sporting event in the world right now, with some amazing ongoing Olympic action till now. The Games have entered its last leg and will soon be wrapping up the remaining major medal events from August 9.

Neeraj Chopra gave India its first silver medal at the Paris Olympics. It was his second medal after the gold medal at the Tokyo Olympics. In the javelin finals, however, only one throw of Neeraj's five attempts was counted. During the finals, all athletes get five attempts. After the first three attempts, only the top eight advance to the second round, where they get three more attempts.

Arshad Nadeem, who gave Pakistan its first Olympics medal after 32 years, is as spectacular as his 92.7 meter throw in the Javelin final. Nadeem's journey is celebrated not because of institutional support but despite the lack thereof. When he took up javelin, Nadeem reportedly did not have much money. According to his father, Muhammad Ashraf, people pooled money so that he can train. “People have no idea how Arshad got to this place today. How his fellow villagers and relatives used to donate money so that he could travel to other cities for his training and events in his early days,” his father Muhammad Ashraf revealed.

Neeraj Chopra missed the chance to defend his Olympic gold on Friday and settled for silver with a best throw of 89.45 meters in the men's javelin final at the Paris Olympics. Pakistan’s Nadeem Arshad, who finished 5th at the Tokyo Olympics, clinched gold with a monstrous throw of 92.97 meters, setting a new Olympic record. Chopra, comfortably ahead in qualifiers and favourite to win, looked off his best form. His best throw of 89.45 meters came on his second attempt. He committed four consecutive fouls in his final four attempts.