Athletics becomes first sport to offer Olympic prize money

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Athletics becomes first sport to offer Olympic prize money
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Athletics has become the first sport to offer prize money to Olympic champions, announcing that the 48 gold medalists in Paris this year will earn $50,000 each to end a 128-year tradition.

LONDON — Athletics has become the first sport to offer prize money to Olympic champions, announcing on Wednesday that the 48 gold medalists in Paris this year will earn $50,000 each to end a 128-year tradition.Although the concept of purely amateur competition has long since disappeared from the modern Olympics with athletes often receiving payments from sponsors and professionals taking part for more than 30 years, the World Athletics decision is a major shift for the Games to deal with.

But when it comes to building a professional sport, I think it's going in the right direction.

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