Olympic boxing medalists in Paris promised cash prizes by rogue governing body
The boxing governing body declared rogue by the International Olympic Committee says it will pay $50,000 in prize money to each gold medalist at the Paris Games
By Graham Dunbar
Published - May 29, 2024, 11:28 AM ET
Last Updated - May 29, 2024, 11:28 AM EDT
GENEVA (AP) — The boxing governing body declared rogue by the International Olympic Committee said Wednesday it will pay $50,000 in prize money to each gold medalist at the Paris Games.
The cash promise is doubly confrontational for the IOC, which severed ties with the International Boxing Association last year and excluded it from any role in organizing the tournaments in Paris.
The IOC also does not approve of governing bodies paying prize money to Olympic medalists.
The IBA said it has a $3.1 million prize money fund for each male and female boxer who reaches the quarterfinals in 13 total weight classes, plus their coaches and national teams.
