Menu
Olympics

French Ministry Of Sports To Pay Out $2.8M In Bonuses To Olympic Athletes

The French Ministry of Sports will have to pay a sum of €2.3M ($2.8M) to its Olympic medalists, according to Olivia Derreumaux of LE FIGARO. The Ministry of Sports had set a €50,000 ($61,380) bonus for a Gold Medal, €20,000 ($24,552) for Silver and €13,000 ($15,958) for Bronze. The men's handball team, which won the Gold for a second consecutive time will cost the ministry the most. They will take in €750,000 ($920,700) by themselves followed by the women's basketball team, which took home the Silver and thus a prize of €240,000 ($294,624). The €2.3M does not include the bonuses for the Paralympic Games that are set to start on Aug. 29. The bonuses will be the same then those that were given out for the Olympics and "the bill could inflate quickly." In Beijing, Paralympic athletes "brought back" 52 medals, meaning 18 more than what was won in the London Games. However, unless anything incredible takes place, the €5M ($6.1M) that was budgeted by the ministry for both events should be sufficient (LE FIGARO, 8/13).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/16/Olympics/French.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/16/Olympics/French.aspx

CLOSE