Henceforth in a money-for-medals program Canada’s Olympic athletes will receive $20,000 for a gold medal, $15,000 for a silver and $10,000 for a bronze starting in Bejing next summer. There will also be $5,000 payouts for the top-five and top-four finishers at world championships in the three-year buildup to each Olympics.
Athletes in training say they will view this money as a reward, not an incentive. I wonder?
It’s true, however, that most other countries reward their athletes this way and certainly athletes have to get by on a shoe string.
On the other hand, does this mean there will be less money in the training pot? Some critics have argued that it should be enough of a privilege to wear the Maple Leaf. And how will this work in team sports? Would it be the best use of the money to pay every millionaire on the 2010 men’s hockey team $20,000 should they win a gold medal in Vancouver.
Do you favour paying money bonuses to Canada’s Olympic medal winners?