IOC allocates over $100 million in grants for Olympians

Yahoo Sports1 min read • Latest: Jun 24, 2026, 3:19 PM

Last updated Jun 24, 2026

IOC allocates over $100 million in grants for Olympians
Summary

The International Olympic Committee launched a fund exceeding $100 million, offering $10,000 grants for athletes post-competition at the Summer and Winter Games. This initiative aims to support athletes financially after their participation, recognizing the challenges they face beyond their competitive careers. The grants will be accessible to Olympians who complete their events at the Games. The IOC's commitment underscores its focus on athlete welfare.

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By the Numbers
  • IOC creates a $100 million fund for athletes' post-Games grants.
  • Eligible Olympians can apply for $10,000 grants after competing.
  • Funding applies to both Summer and Winter Olympic Games.
  • The initiative aims to aid athletes transitioning after their careers.
  • IOC emphasizes athlete welfare through this financial support.
Latest Updates
  • 7:07 PMYahoo SportsOlympians are finally getting paid by the IOC, just not for winning
  • 4:22 PMThe Guardian Sport‘Not prize money’: IOC to pay all Olympic athletes $10,000
  • 3:52 PMESPNOlympians to get grants from IOC's $100M fund
What they're saying
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This year’s Winter Olympians first to be paid ‘Fit for the future’ fund has $140m The International Olympic Committee has broken with 130 years of tradition by deciding to pay athletes to compete at the Olympic Games. The IOC revealed on Wednesday it had set up a $140m (£106m) fund that would pay a “fit for the future” grant of $10,000 to every athlete who competes in a Summer or Winter Games, starting with the 3,000 who took part in Milano-Cortina. The grant will then be paid to the 11,000 athletes at the Los Angeles Games in 2028 and for all future Olympics. Continue reading...

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The International Olympic Committee committed Wednesday to paying more than $100 million directly to athletes, creating a fund for $10,000 grants they can apply for after competing at a Summer Games or Winter Games.

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The IOC's new $140 million fund will give every Olympian, medalist or not, a $10,000 grant, starting with the 2026 Milano Cortina Games.

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