Lamont Marcell Jacobs, of Italy poses with his gold medal following the men's 100-meters final at the 2020 Summer Olympics, Monday, Aug. 2, 2021, in Tokyo. Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday, April 10, 2024, it would pay $50,000 to gold medalists in Paris. (AP Photo/Francisco Seco, File)
April 10, 2024
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April 10, 2024 1:40 p.m.
Track and field becomes first sport to pay prize money at Olympics. Paris gold medalists get $50,000
The prize money will come out of the share of Olympic revenue that that the IOC distributes to World Athletics.