As thousands of Olympic athletes vie for a place on the podium in Paris, some who finish on top will be going home with more than just gold.

While the Olympics rewards its champions with immense glory and a place in sporting history, traditionally absent are the flashy giant checks that other competitions hand out.

But that doesn’t mean Olympic medalists won’t make any money.

While the International Olympic Committee (IOC) does not monetarily award winners, it does not stop national governments or organizations, or sports federations, from incentivizing athletes with cash or other prizes. And this year, some federations have made the groundbreaking decision to do just that at the Paris Games. 

World Athletics, the international governing body for track and field, announced in April that Olympic gold...


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Author: KOH EWE