Current:Home > Stocks$50K Olympic track prize the latest in a long, conflicted relationship between athletes and money -OceanicInvest
$50K Olympic track prize the latest in a long, conflicted relationship between athletes and money
View
Date:2025-04-14 21:57:41
Since the day they were founded, the Olympics have had a confusing relationship with money. The games were supposed to celebrate sport for sport’s sake. But the price athletes paid to be any good was far too high, and it took virtually no time for the concept of amateurism that the Olympics rested on to be viewed as unrealistic, if not an all-out ruse.
This week’s news that track’s international federation will pay $50,000 to gold-medal winners at the Paris Games was the latest step in a century’s worth of unraveling the myth of amateurism at the Olympics.
A look at some key points along the way:
THE FOUNDER FLIP-FLOPS
As early as 1894, two years before the first modern Olympics, Pierre de Coubertin was sounding different notes about the concept of amateurism. In one speech, according to the authoritative book on the topic, “The Rise and Fall of Olympic Amateurism,” he “warned against the ‘spirit of gain and professionalism’ that threatened its existence.’” But not long after that, “he denounced amateurism as ‘an admirable mummy.’”
THE GREATEST OLYMPIAN
In what’s considered one of the most shameful episodes in the history of the games, the IOC stripped Jim Thorpe of the two gold medals he won at the 1912 Stockholm Olympics because he had played semi-pro baseball before that. The IOC restored the medals in 1983, 30 years after his death.
THE WORKAROUND
As the Cold War began, the Soviet Union, East Germany and other Eastern bloc satellites started handing well-paying “jobs” in the military and other civil services to Olympic athletes. They earned big salaries for doing virtually no work related to that title. Their main job was training, and though they weren’t officially paid to play their sports, nobody tried to disguise this ruse. Some believe this led to a low point in the 1970s for the American Olympic movement, which was largely still adhering to strict amateur rules.
CHANGE BEGINS
The IOC began tinkering with its Rule 26, the rule that inscribed the amateur imprimatur to the Olympics, in the mid-1970s. An IOC member involved in the changes, Willi Daume, put it best when he pointed to the billion-dollar business the Olympics had become: “It is only the athletes that have to make sacrifices and show proof of asceticism,” he said. The IOC began letting individual sports federations write their own rules about amateurism. The track federation was among the first to make a move toward allowing athletes to get paid, though at first, it demanded they put their earnings in a trust.
LOOKING FOR THE BEST SHOW
When Juan Antonio Samaranch became IOC president in 1980, he made it clear he wanted the best athletes at the Olympics. The IOC worked hard with soccer, ice hockey and tennis (a demonstration sport in 1984 and in the official program in 1988), which for various reasons had fought the amateurism rules. By the start of the 1990s, amateurism was written out of the Olympic charter. The 1992 Olympics, which brought NBA stars and the Dream Team to the Barcelona Games, is widely viewed as the start of the professional era at the Olympics.
THEN TO NOW
Most countries now establish prize pools — such as Team USA’s “Project Gold” — for their top athletes at the Olympics, while also funding training and living expenses. The U.S. is one of the few outliers, in that its government does not provide funding for the Olympic team. More than a generation into the professional era, tension remains not over whether the athletes can receive money but how much of the pie they really share in. The track announcement is only one small piece of this puzzle, but a symbolically important one. Olympic watchers will be looking closely to see if any sports follow track’s lead.
___
AP Summer Olympics: https://apnews.com/hub/2024-paris-olympic-games
veryGood! (356)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Ford recalls more than 550,000 F-150 pickups over faulty transmission
- Trump Media's wild rollercoaster ride: Why volatile DJT stock is gaining steam
- Baby cousin with cancer inspires girls to sew hospital gowns for sick kids across U.S. and Africa
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Lily Gladstone, Da’Vine Joy Randolph, 485 others invited to join film academy
- 5 potential Brandon Aiyuk landing spots if 49ers, WR can't reach a deal
- Hunter Biden suspended from practicing law in D.C. after gun conviction
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Rip currents have turned deadly this summer. Here's how to spot them and what to do if you're caught in one.
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Boy dies after being found unresponsive in shallow pool at New Jersey day camp: Officials
- 5 people fatally shot, teen injured near Las Vegas, and a suspect has been arrested, police say
- 'The Notebook' actress Gena Rowlands has Alzheimer's disease, son says
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- New York judge lifts parts of Trump gag order, allowing him to comment on jury and witnesses
- US military shows reporters pier project in Gaza as it takes another stab at aid delivery
- To understand Lane Kiffin's rise at Mississippi, you have to follow along with Taylor Swift
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Mother of Chicago woman missing in the Bahamas says she’s `deeply concerned’ about her disappearance
Judge allows disabled voters in Wisconsin to electronically vote from home
Toyota recalls 145,000 Toyota, Lexus SUVs due to an airbag problem: See affected models
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
A Tennessee man threatened to shoot co-workers but his gun malfunctioned, police say
Illinois man accused in mass shooting at Fourth of July parade expected to change not-guilty plea
Infamous hangman-turned-TikTok star dies in Bangladesh year after being released from prison