The prizes, which will also go to the winners of the marathon and race walk, come as the Olympic Games have shifted away from amateurism. Many medalists already earn bonuses from their home countries.
Shaunae Miller-Uibo of the Bahamas wins the gold medal during the women's 400-meters during the Tokyo Olympic Games in August 2021.
In total, the World Athletics prize pot for 2024 will amount to $2.4 million for the 48 men's and women's athletics events, which include track and field competitions like the 100-meter run, pole vault and javelin, alongside road races such as the marathon and race walk. Relay teams of four will split the winnings with $12,500 apiece.
The IOC was not aware of the decision until shortly before World Athletics made the public announcement, Coe said.
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