Olympians to get cash grants from $100M fund created by IOC
IOC breaks 130-year tradition by funding Olympians with $10,000 grants from a $100M fund
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The brief
The International Olympic Committee (IOC) has announced a new grant program, the “Fit for the Future Olympian Grant,” providing $10,000 to all participating athletes starting with the Milano Cortina 2026 Games. This marks the first time the IOC will directly pay Olympians, funded by a $100 million initiative.
The move reverses a longstanding tradition of unpaid participation in the Olympics, though the grants are framed as one-time support rather than salary or prize money.
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Quick answers
How much money will each Olympian receive?
Each eligible Olympian will receive a one-time grant of $10,000 from the IOC’s $100 million fund.
When does this grant program start?
The grants begin with the Milano Cortina 2026 Winter Olympics, according to the IOC’s announcement.
Is this a salary or prize money?
The IOC has framed the $10,000 as a ‘grant’ to support athletes, not a salary or prize. Coverage does not yet specify whether it will be recurring.
Coverage (6)
- An Olympic first: IOC to set up “Fit for the Future Olympian Grant” to support all Olympians with USD 10,000, starting from Milano Cortina 2026 olympics.com · 7h ago
- IOC will pay Olympians for first time, with eligible athletes receiving $10,000 from grant program The New York Times · 7h ago
- Olympic Games: International Olympic Committee announces new grant for all future Olympians BBC · 7h ago
- An Olympic first: IOC to set up “Fit for the Future Olympian Grant” to support all Olympians with USD 10,000, starting from Milano Cortina 2026 olympics.com · 7h ago
- IOC scraps 130 years of tradition by paying athletes $10,000 at Olympics The Guardian · 7h ago
- Olympians to get cash grants from $100M fund created by IOC ESPN · 7h ago
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