
The International Olympic Committee announced on Wednesday that it will provide a $10,000 grant to every athlete participating in the Olympics. This decision comes amid increasing pressure to introduce prize money for competitors in the Games.
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The International Olympic Committee (IOC) has established a new $100 million fund that will provide cash grants to Olympic athletes. Olympians from both summer and winter games will be eligible to apply for grants of $10,000 following their participation in competitions.
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