Posted on 14/08/04
No money for medals, COC president says
ATHENS -- The Canadian Olympic Committee has no plans to follow the lead of countries that reward their athletes with money for winning Olympic gold medals, officials said yesterday.Russian wrestlers and boxers are prime targets for rewards from the Russian Olympic Committee. They will get the equivalent of $100,000 (U.S.) for winning a gold medal, while all other gold medalists will get $50,000 and a further $50,000 if they break a world record in winning the event, Leonid Tyagachev, the president of the Russian Olympic Committee, said at a news conference yesterday.
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