ASOIF Expresses Concern Over World Athletics’ Decision to Introduce Prize Money for Olympic Gold Medallists

The decision by World Athletics to introduce prize money for Olympic gold medallists has sparked controversy within the sports community, with the Association of Summer Olympic International Federations (ASOIF) expressing its concern over the move.

In a statement released on Friday, ASOIF revealed that they were not informed or consulted in advance of the announcement by World Athletics President Sebastian Coe. The decision to offer prize money for Olympic champions was made just one day after the ASOIF General Assembly, raising questions about the lack of communication between the two organizations.

ASOIF emphasized the importance of discussing matters that have a direct impact on the collective interests of the Summer Olympic International Federations in advance. The organization believes that putting a price on an Olympic gold medal undermines the values of Olympism and the uniqueness of the Games.

While the initiative has been met with criticism from ASOIF, it has received a positive reaction from the world’s leading athletes. The $2.4 million prize pot will be split among the 48 gold medallists in Paris, providing a financial incentive for athletes to strive for Olympic glory.

Despite the positive response from athletes, ASOIF plans to raise their concerns with World Athletics, highlighting the complex issues that the introduction of prize money raises. The debate over whether prize money should be awarded in multi-sport environments will likely continue as the Olympics approach.

In the meantime, athletes like Christian Coleman remain focused on their upcoming competitions, with the Diamond League kicking off and the US trials on the horizon. The introduction of prize money for Olympic champions adds an extra layer of excitement and motivation for athletes as they prepare to compete on the world’s biggest stage.