Lausanne, June 25, 2026

The International Olympic Committee (IOC) decided on Wednesday, on the margins of a special summit in Lausanne, to pay each Olympic participant a subsidy of 10,000 US dollars (around 8,800 euros) going forward.

With this decision, the IOC ends a decades-long policy of rejecting prize money at the Olympic Games. As the rings organization announced on Wednesday, all Games participants will receive the bonus in the future. According to the IOC Athletes' Commission, the decision was preceded by months of negotiations with the IOC's finance department.

After one edition each of the Summer and Winter Games, approximately 14,000 athletes are entitled to apply for the subsidy, according to the umbrella organization. Per four-year period, the IOC is providing a total of 140 million dollars (around 123 million euros) for this purpose. Unclaimed subsidies will remain in the IOC fund and benefit future generations of athletes.