International Olympic Committee condemn International Boxing Association’s decision to award cash prize money for medallists

The International Olympic Committee has condemned the International Boxing Association’s decision to award cash prize money for medallists at this summer’s Games, citing a “total lack of financial transparency” within the organisation. It comes as the IBA announced yesterday that they will bestow $100,000 to gold, $50,000 for silver and $25,000 for bronze medallists at Paris 2024, despite the reality …

Continue Reading