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File photo: Pau Gasol announced an IOC fund offering USD 10,000 grants to Olympic athletes. | Photo Credit: AFP
The International Olympic Committee committed to paying more than 100 million USD directly to athletes on Wednesday, creating a fund for 10,000 USD grants they can apply for after competing at a Summer Games or Winter Games.
The cash commitment from the IOC comes after growing calls in recent years to pay prize money at the Olympic Games.
IOC member and former NBA star Pau Gasol announced the project, which will first be open to nearly 3,000 athletes who competed at the 2026 Milan Cortina Winter Games.
Published on Jun 24, 2026
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