US EditionUS Olympic team given record donation
- The United States Olympic and Paralympic Committee announced a record $100 million grant to support future Olympic athletes from Ross Stevens, CEO of Stone Ridge Holdings Group.
- Every Olympic and Paralympic athlete participating in future games from 2026 will receive $200,000 in financial benefits, with payments starting after 20 years or when athletes turn 45, whichever comes later.
- USOPC Chair Gene Sykes stated that this donation addresses the need to assist Olympians beyond their athletic careers.
- The donation aims to alleviate financial burdens on athletes, many of whom earn less than $50,000 yearly.
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Helena Independent Record
US Olympic team given record donation
The U.S. Olympic team received its biggest donation ever — $100 million — to fund $100,000 payments and matching life insurance benefits for anyone who earns a spot on Team USA starting next year.
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