Auerbach: World Athletics’ new Olympic prize money rule is a chance for NCAA to right a wrong
The latest dent in the NCAA’s bedrock principle of amateurism came from an unlikely place: Monaco.Track and field gold medalists will become the first athletes to earn international prize money at the Olympics, the sport’s international governing body said Wednesday. Each gold medalist will receive $50,000 for individual wins. World Athletics, which governs track and field from its headquarters in Monaco, also pledged to award prize money to silver and bronze medalists at the Los Angeles Olympics in 2028.“It is important we start somewhere and make sure some of the revenues generated by our athletes at the Olympic Games are directly returned to those who make the Games the global spectacle that it is,” World Athletics president Sebastian Coe said in a statement.What is not yet clear is if...