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On Wednesday morning, the International Olympic Committee went public with its plans to edge toward the 21st century in terms of athlete compensation, so it’s fitting that it chose retired basketball player Pau Gasol as a spokesman.
It's not Olympic prize money officially, but it is a significant amount of cash going directly to athletes after a Summer or Winter Games.
LAUSANNE, Switzerland — It's not Olympic prize money officially, but it is a significant amount of cash going directly to athletes after a Summer or Winter Games.
LAUSANNE, Switzerland: It’s not Olympic prize money officially, but it is a significant amount of cash going directly to athletes after a Summer or Winter Games. The International Olympic Committee pledged Wednesday to pay more than $100 million to athletes through 2028 by creating a fund for $10,000 grants for which they can apply after competing. The IOC’s cash commitment came after growing calls were strongly resisted in recent years to pay prize money at the Olympic Games. Instead, IOC member and former NBA star Pau Gasol announced the project which will first be open to nearly 2,900 athletes who competed at the 2026 Milan Cortina Winter Games. Around 11,000 athletes due to compete at the 2028 Los Angeles Summer Games also can apply for grants totaling about $110 million after those Olympics, if they meet eligibility criteria such as not testing positive for doping. “This is a win for all of us,” said Gasol, who represents athletes on the 15-member IOC executive board, adding that it was “not prize money.”
NEW YORK — The New York Knicks hired Mike Brown on Monday, turning to the two-time NBA Coach of the Year after firing Tom Thibodeau.
The New York Knicks are expected to hire two-time NBA Coach of the Year winner Mike Brown as the franchise's next head coach, sources told ESPN on Wednesday.
One of the most exciting events in sports is a Game 7 in a championship series, which is a rare occasion. Tonight, the Indiana Pacers and Oklahoma City Thunder face off in Game 7 of the 2025 NBA Finals. The milestone marks the 20th Game 7 in league history, the first addition to the category since 2016.
After nearly half a century shaping one of the NBA's most well-known franchises, the Buss family is stepping down as majority owners of the Los Angeles Lakers, marking the end of an era that fused sporting dominance with Hollywood spectacle.