Australian athletes who won medals at the 2016 Rio Olympic Games will receive over a million dollars in funding from the Australian Olympic Committee (AOC). A total of 71 athletes are eligible for 2017 Medal Incentive Funding (MIF) of $1,080,000 to be paid by the AOC. The big winners include the Women’s Rugby 7s Team ($240,000) and the Swimming Team ($320,000).The 12 members of the Women’s Rugby 7s Team will each receive $20,000 for their gold medal; $15,000 is awarded to silver medalists and $10,000 to bronze medalists.
This story first appeared in the blog, The Sport Intern. The editor is Karl-Heinz Huba of Lorsch, Germany. He can be reached at ISMG@aol.com. The article is reprinted here with permission of Huba.