Paris 2024 Olympics prize money: How much do gold medallists get? [Video]

AS athletes compete for a spot on the podium in Paris this summer some who win will return home with more than just a gold medal.

While the Olympics rewards its winners with immense glory and a place in sporting history it traditionally lacks the flashy giant checks that other competitions offer.

Olympians usually do not receive any prize money but things have changed for Paris 2024

But this does not mean those who win an Olympic medal will not make any money.

While the International Olympic Committee does not monetarily award its winners this does not stop national governments or sports federations from doing so.

And Paris 2024 is a groundbreaking year as some federations have decided to do just that.

World Athletics will award $50,000 (£40,000) to individual Olympic champions during this summer’s Paris Games.

The same amount will be handed out to relay champions and then shared out among the winning team members.

The International Boxing Association will also …