Sascoc confirm Tokyo Olympics medallists will receive bonuses.

Staff Reporter.

The South African Sports Confederation and Olympic Committee (Sascoc) has confirmed that athletes who win medals at the Tokyo Olympics and Paralympics will receive financial incentives.

Sascoc president Barry Hendricks said on Tuesday that contrary to recent media reports‚ athletes who have won medals at the Tokyo Olympic Games and Paralympics will receive financial incentives.

“We have been consistent in saying that we are in negotiations with partners over the issue of financial rewards to medallists at both the Tokyo 2020 Olympics and Paralympics,” Hendriks said.

“It is true that the amounts have not been finalised given that the negotiations are ongoing. However, there has never been a point whereby a decision has been made to not offer medallists incentives.”

“We did not want the issue of financial incentives to distract from the performances of the athletes at both Games,” he said. “We are now between the Olympics and the Paralympics, and we believe that we should be consistent in our treatment of athletes. So, we didn’t want to say, ‘yes, we are offering incentives for the athletes and the incentives are x, y and z.”

“All along we wanted the athletes to concentrate on their performances without distraction. Both the Tokyo Olympics and Paralympics are being held in unprecedented times due to the Covid-19 pandemic. We will be rewarding medallists and the amount for each medallist will be announced in due course once we have finalised negotiations with our partners,” Hendriks added.

The Tokyo Paralympics is scheduled for 24 August-5 September.

Scroll to Top