Boxers deserve prize money at Olympics, says former governing body

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Boxers deserve prize money at Olympics, says former governing body
International Boxing Association
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PARIS - The International Boxing Association on Wednesday accused the International Olympic Committee of doing too little to reward boxers, and demanded prize money for them.In an open letter, the IBA, which is no longer a recognized federation by the IOC, said Olympic medals were not enough of a reward for athletes at the Games."Medallists should receive those ultimate prizes made of the corresponding metals," the IBA said.

"Athletes are those who bring substantial income to the IOC, which is absolutely not acknowledged. Olympic medallists do not receive prize money, even though the IOC profits significantly from TV rights, sponsors, and ticket sales," the IBA said."It is obvious that this enormous profit is only possible because of the athletes, their coaches, and sports federations. This needs urgent change now."The IOC does not offer payments for medals at the Games.

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International Boxing Association

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