Olympic athletes will each be eligible for a $10,000 grant for competing in the Games under a new scheme announced by the International Olympic Committee on Wednesday.
The “Fit for the Future Olympian Grant” will even retroactively be dished out to those who took part in February’s Winter Olympics in northern Italy.
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“The grant has been set up to support the sporting career or the career transition of Olympians,” an IOC statement said. “A fund of $140 million per Olympiad has been set aside.”
The announcement came from former Spanish basketball player Pau Gasol during the 146th IOC Session in Lausanne, Switzerland. He
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