Swimming Australia Will Reward Its Swimmers' Achievements In Cash

Australia's swimmers will be rewarded for winning Olympic medals and improved world rankings "under a new funding deal announced by Swimming Australia," according to the AAP. Beginning this month, all Aussie swimmers headed to the London Olympics will receive an initial share of more than $75,000 "to assist in their final preparations for the Games." Athletes will also be "eligible to earn financial performance bonuses based on their medal and final achievements" at the Games. SA said that an individual gold medal will be worth $35,000, and a relay gold medal $60,000 "to be shared across both heats and finals swimmers" (AAP, 7/2).