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.
61 Articles
61 Articles
Katie Ledecky Shares Her Unbelievable Training Schedule & Must-Have Skin Product
Courtesy of AthletaIn Chill Chat, Bustle sits down with celebrities and influencers to talk about all things wellness, from daily routines to hacks for getting a good night’s sleep. Here, Olympic swimmer Katie Ledecky talks about her morning routine, workout schedule, and partnership with Athleta.If you’re wondering what it takes to win 14 medals as an Olympic swimmer, all you have to do is wake up at 5 a.m., train 25 hours a week, and then hop …
Fundraising Friday: $100M Gift to Olympic Foundation Will Benefit Former Olympians
Ross Stevens, founder and chief executive officer of Stone Ridge Asset Management, pledged $100 million to the United States Olympic & Paralympic Foundation to provide financial security to Team USA athletes after they retire from Olympic competition.
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Many US Olympians struggle to get by. Now they’ll get a $100,000 retirement boost
For many U.S. Olympic athletes, going for gold can also mean going broke as they shell out thousands of dollars for elite coaching and equipment while forgoing employment to train around the clock. Athletes have reported relying on food stamps,…
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