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Prize money 'critical' for athletics, says Coe

Sebastian Coe says the $50,000 Olympic awards and a new $10 million championship prize pot support athletes financially, while IOC leaders call the move a break with tradition.

Summary by France24
Two years ago, World Athletics announced that winners in the French capital would each receive $50,000, the governing body becoming the first international federation to introduce such prize money. The unilateral decision sparked a backlash. Although the move was widely welcomed by athletes, the hierarchy of the International Olympic Committee (IOC) and other federation chiefs argued that it broke with the tradition of the Olympic spirit. "Prize…

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France24 broke the news in Issy-les-Moulineaux, France on Friday, August 14, 2026.
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