🏅 Some reflections from myself, richard baka & Tracy Taylor on recent Olympic funding proposal. The Australian Olympic Committee (AOC) has unveiled a bold new strategy to boost financial support for sports, from table tennis to basketball. By allowing individual sports to market the Olympic rings independently, the AOC aims to inject much-needed revenue into sports facing financial challenges. However, challenges lie ahead, including capability gaps and governance hurdles. Nevertheless, with an estimated $2 billion needed by 2032 for high-performance sports, innovative funding solutions are crucial. Learn more about this dynamic shift in Olympic funding and its potential impact on sports across Australia. #Olympics #SportsFunding #Australia2032 🇦🇺🏓🏀🏊♂️ The University of Queensland International Olympic Committee – IOC
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Empowering Africans to Achieve Leadership Excellence and Greatness | Humanitarian Leader | Leadership Coach, Speaker, Author, and Founder, Felanio Edutainment Consult
Rethinking Leadership in Nigerian Sports: Lessons from Paris 2024 Olympics The Paris 2024 Olympics have come and gone, leaving Nigeria with a sobering reality check. Despite a strong contingent of athletes, the country failed to secure a single medal, while Nigerians representing other nations shone brightly on the world stage. This paradox raises fundamental questions about leadership in Nigerian sports. As Nelson Mandela once said, "Sport has the power to change the world. It has the power to inspire. It has the power to unite people in a way that little else does." Case Studies: Here’s an overview of eight athletes of Nigerian descent who won medals representing other nations at the Paris 2024 Olympics: ✓ Yemisi Ogunleye (Germany): Event: Women’s Shot Put Medal: Gold Yemisi Ogunleye, born in Germany to a Nigerian father. This victory marked Germany’s first gold in the event since 1996. ✓ Salwa Eid Naser (Bahrain): Event: Women’s 400m Medal: Silver Salwa Eid Naser, originally born as Ebelechukwu Agbapuonwu in Nigeria, switched allegiance to Bahrain in 2014. ✓ Annette Echikunwoke (USA): Event: Women’s Hammer Throw Medal: Silver Annette Echikunwoke, was born in Ohio to Nigerian parents. ✓ Michael Olise (France): Event: Men’s Football Medal: Silver Michael Olise was born in France, to a Nigerian father. ✓ Samu Omorodion (Spain): Event: Men’s Football Medal: Gold ✓ Barthelemy Chinenyeze (France): Event: Men’s Volleyball Medal: Gold Chinenyeze is a French volleyball player who gained prominence by leading the French national team to a gold medal in men’s volleyball. ✓ Victoria Ohuruogu (Great Britain): Event: 4x400m Relay Medal: Bronze Victoria Ohuruogu, is the younger sister of Christine Ohuruogu, a former Olympic gold medalist, and has followed in her footsteps by contributing to Britain’s success in the relay. ✓ Femi “Bam” Adebayo (USA): Event: Men’s Basketball Medal: Gold Femi Bam Adebayo, is born to a Nigerian father. He is a prominent NBA player known for his defensive prowess and versatility on the court. Reflection: Nigeria's poor performance at the Olympics is a symptom of deeper issues in sports development and leadership. The country's inability to provide adequate support, infrastructure, and training for athletes has led to a brain drain, with many talented Nigerians seeking opportunities abroad. Call to Action: It's time for a paradigm shift in Nigerian sports leadership. We must invest in grassroots development, provide world-class infrastructure, and empower athletes to reach their full potential. The future of Nigerian sports depends on it. What do you think? Kindly share your thoughts! Follow: Amb. CLETUS OKOH DM me for #Collaboration #CletusOkoh #LeadershipCoaching #LeadershipSkills #LeadershipExcellence #FelanioEdutainment #Addrf #KingslandFoundation #NigerianSports #LeadershipMatters #Paris2024 #Olympics #SportsDevelopment #GrassrootsInitiatives #EmpoweringAthletes #NigeriaRising
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Track & field become first sport to pay prize money at Paris Olympics 2024s' gold medalists $50,000. Excerpts: 1) The governing body of athletics has allocated $2.4 million to reward gold medalists across the 48 men’s, women’s, and mixed events in the track and field program for this year’s Paris Olympics. Relay teams will also share the prize money among their members. 2) Silver and bronze medalists are also set to receive monetary recognition, starting from the 2028 Olympics in Los Angeles. Personally, I feel: 1) It would bring in more youth to participate in this sport. 2) More employment opportunities for Coaches/ PETs'. 3) Other Sport might experience similar initiatives sooner or later. Source link: https://lnkd.in/gjaWXpSp #trackandfield #parisolympics2024 #sportzification #meenavarshney
Track and field becomes first sport to pay prize money at Olympics. Paris gold medalists get $50,000
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𝗧𝗼𝗽 𝟭𝟬 𝘀𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 #Badminton : Popularity and Game Mechanics: Played on a rectangle court with a net in the middle is badminton. Players strike a shuttlecock back and forth over the net from rackets. Two of the biggest badminton events are the Olympic Games and the BWF World Championships. Particularly in China, Indonesia, and Malaysia, the sport is rather popular in Asia. Cultural and Recreational Influence: Standard in colleges and communities, badminton encourages agility and fitness. Its cultural importance is especially great in Asia, where it is a main competitor sport. Read More- https://lnkd.in/eDcfsDeR
Top 10 Sports in World
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Calacus Hit & Miss Every month we look at the best and worst communicators in the sports world from the last few weeks. When World Athletics announced that gold medallists at Paris 2024 will win prize money, it shocked the sporting world. On the one hand, they could be seen as progressive, providing much-needed funds for Olympians and modernising the Games. On the other, there's a risk of a two-tier hierarchy that leaves some athletes from less wealthy sports missing out on similar prize money. Is this a signal that Sebastian Coe is looking to become the next IOC President? Or just the inevitable move towards wider commercialisation of the Olympic Games? https://lnkd.in/dGsk_U42
Calacus Monthly Hit & Miss – World Athletics and Sebastian Coe — Calacus Sports PR Agency
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How much do Olympians make? This is a question you’ve probably asked yourself, considering the amount of money the event generates. For example, between 2017 and 2020, the Olympics made $7.6 billion. Lets navigate on this insightful article: https://lnkd.in/dVKUNZXj #olympians #Olympics #Olympics2024 #sports #Athletes #SPOTCOVERY #fypシ #reelsviral #viralpost
How Much Do Olympians Make? Bonuses, Sponsorships and More - Spotcovery
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The prize money awarded to athletes at the Olympic Games, particularly in track and field events, has been a topic of discussion and debate. Historically, the Olympics have not offered prize money to medalists, as the focus has been on promoting amateurism and the spirit of competition. For track and field athletes, the lack of prize money at the Olympics means that many rely on sponsorships, endorsements, and performance bonuses to support their training and competition expenses. This can create financial challenges for athletes, especially those from countries with limited funding for sports. On the other hand, some argue that the absence of prize money at the Olympics helps maintain the purity of the games and ensures that athletes compete for the love of their sport rather than financial gain. It also highlights the idea of sportsmanship and fair play as the primary motivating factors for athletes. However, as the cost of training and competing continues to rise, there have been calls for the Olympics to consider offering prize money to medalists as a way to support athletes and enhance the level of competition. This could potentially attract more top-tier athletes to participate in the Games and provide financial security to those who dedicate their lives to their sport. In conclusion, the topic of prize money for athletes at the Olympic Games, particularly in track and field, is complex and multifaceted. While the traditional approach of no prize money has its merits in preserving the spirit of the games, there are valid arguments for exploring ways to provide financial support to athletes who compete at the highest level. Ultimately, finding a balance between maintaining the integrity of the Olympics and supporting athletes' livelihoods will be crucial in shaping the future of sports at the Olympic Games. https://lnkd.in/egGsKynp
Medals And Cash: What To Know About Olympian Prize Money For Paris Olympics
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Malaysia Paralympic Council (MPC) president, Datuk Seri Megat D. Shahriman Zaharudin has called on local corporate sponsors to support national sports associations (NSAs) based on their performances and not solely on their fanbases. Speaking to Scoop, Megat said that corporations should practice meritocracy, KPIs and think twice before funding NSAs that fail to bring any results with their funds. “It’s time for all local corporations to stop funding NSAs that don’t produce any results to shift their focus on associations that bring pride for the nation. “In terms of results and bringing pride for the nation, MPC has always been consistent as we always deliver medals and our athletes always qualify to participate in the Paralympics, unlike certain NSAs like the Malaysia Hockey Confederation (MHC) who have once again failed to qualify for the Olympics. #corporatecommunications #corporatesponsorship #corporatemarketing #business Read more 👇
MPC president challenges corporate sponsors: invest in results, not rhetoric | Scoop
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GAS completes the first session of ‘Transformation of Sports Federations’ project
GAS completes the first session of ‘Transformation of Sports Federations’ project - Middle East News 247
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An evolution for the the global sports system. Many times the ones that win 🥇 are not the most financially rewarding personalities. We need a big change in the way we sustain Sports activities worldwide. Be the movement with Sportrack - Reskilling Athletes Careers
Track and field is set to become the first sport to introduce prize money at the Olympics, with World Athletics saying Wednesday it would pay $50,000 to gold medalists in Paris. The governing body of athletics said it was setting aside $2.4 million to pay the gold medalists across the 48 men’s, women’s and mixed events on the track and field program for this year’s Paris Olympics. The move is a symbolic break with the amateur past of the Olympics in one of the games’ most-watched events. World Athletics President Sebastian Coe told reporters that the move is meant “to recognize that the revenue share that we receive is in large part because our athletes are the stars of the show.”
Track and field becomes first sport to pay prize money at Olympics. Paris gold medalists get $50,000
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🏅 Exciting News in Athletics! 🌟 The Olympic Games are on the brink of a significant transformation! World Athletics has just announced a groundbreaking initiative: prize money for gold medalists, debuting at the Paris Olympics 2024. This historic move marks a departure from tradition, signaling a new era where financial recognition aligns with athletic prowess. In a world where sports' commercial landscape is rapidly evolving, President Sebastian Coe's words resonate deeply: "The world has changed. It's really important that where possible we create a sport that is financially viable for our competitors. This is the beginning of that." This shift not only acknowledges the dedication and sacrifice of athletes but also highlights the growing importance of financial sustainability in sports. Moreover, this announcement hints at broader changes to come, possibly impacting sponsorship regulations for the Olympics. At Above Sports, we're captivated by these developments. Our mission to optimize the value of sports marketing through data-driven analytics and actionable insights perfectly aligns with the evolving needs of the industry 🚀 We are excited not only to see these incredible athletes perform in the Olympic Games this summer, but also to follow and be a part of this evolving world within sports! #OlympicGames #AboveSports #Sports
World Athletics introduces prize money for Olympic gold medallists | PRESS-RELEASES | World Athletics
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