The United States Olympic and Paralympic Committee (USOPC) announced on Wednesday that philanthropist Ross Stevens had gifted the organisation $100 million (€922,000), the largest single monetary donation it has received in its history, in a move to fund the post-retirement plans of US athletes. …
Worth up to $200,000 (€184,000) per athlete per Games participation, a one-time Olympian or Paralympian is eligible to receive $100,000 (€92,000) 20 years after their qualifying Games or when they turn 45 and then another $100,000 (€92,000) will go to designated athlete beneficiaries upon their death. …
The fund will start with the Milan Cortina 2026 Olympic and Paralympic Games next year and go through to at least the 2032 Summer Games in Brisbane.
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