Paris 2024 Olympics: what is the prize money for Argentine medalists?

Paris 2024 Olympics: what is the prize money for Argentine medalists?

The medalists, in addition to the sporting achievement, They also receive financial compensation for their achievements at the Olympic Games.

What will be the prize for the Argentine medalists?

While the International Olympic Committee seeks to maintain the amateur spirit of the competition and does not give out cash prizes Neither for participating nor for winning a medal, each country has the opportunity to reward its athletes.

In the case of Argentina, the National Entity for High Performance Sports (ENARD) is responsible for rewarding outstanding athletes from the country’s delegation.

In any case, with three days left until the end of the Olympicsthe organization confirmed to Scope who will present the awards, as is customary after each international competition, although they have not yet defined the amount that the Argentine medalists will receive.

They also clarified that this distinction will only be for athletes who managed to get on the podium.

All Argentine athletes who will receive a cash prize

For now, Jose “Malign” Torreshis coach, Eugenia Bosco, Mateo Magdalani and their coach will be the only members of the delegation to receive the award.

Important results of the competition remain to be defined, which could modify this exclusive list: The Lionesses They will play their last match of the tournament against Belgium for bronze and Augustin Vernice and Brenda Rojas continue in their respective rowing competitions.

Innovation in Paris 2024: the only two sports that rewarded their gold medalists

Contrary to what is promoted by the IOC of not to give out prize money to maintain amateurism In the competition, there were two federations that announced rewards for those who were crowned in each of their disciplines: athletics and boxing.

He World Athleticsthe body that controls athletics in the world, announced before the start of the Olympic Games that the winners of the gold medal in the events would be given a prize of US$50,000.

In turn, the International Boxing Association also assured that it will give a prize of US$100,000 for the gold medalists.

How high-performance athletes are financed in Argentina

He ENARD, The same organization that will award prizes to medalists is also responsible for financing the daily activities of high-performance Argentine athletes through scholarships.

When the organization was created in 2009, its budget was made up of the 1% of the mobile phone tax. However, this structure changed as a result of a law passed in 2018, when it became dependent on the national budget.

Each athlete receives a scholarship according to his or her performance. There are seven categories: Olympic, Paralympic, Pan American, Parapan American, South American, ParaSouth American, young talents. Within each level, there are also subdivisions.

According to what was confirmed to this media, in June they were allocated 411,186,586 pesos to finance the activities of 1,223 athletes.

The amount of sports scholarships

For athletes of Olympic or Paralympic Excellence (Medallist in Tokyo 2020 revalidated in the last World Championship), The scholarship amounts to $689,907.

For the “projection” category, that is, those who have a concrete chance of fighting for a podium, the scholarship is $524,329. The amount for those who qualified for Paris 2024 is $300,729.

At the Pan American level, the same divisions exist: for excellence $386,348 and for projection $331,155.

For medalists in South American championships 2023-2024 and with possibilities of participation in JJ.PP. 2027, the corresponding scholarship is $275,963.

Finally, young people who belong to the High Performance Transition program receive $137,981.

Source: Ambito

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