Rogue IBA to award $50,000 Olympic gold medals in boxing at Paris Games, despite IOC disapproval.

The International Boxing Association (IBA), deemed rogue by the International Olympic Committee, announced it will award $50,000 to each Olympic gold medalist in boxing at the upcoming Paris Games. The IBA has a $3.1m prize money fund for boxers who reach quarterfinals, with $25,000 for coaches and national teams. The IOC disapproves of governing bodies paying prize money to Olympic medalists.

May 29, 2024
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