Sport Gable Steveson can add $250,000 to US wrestlers' prize haul with a gold medal
Economics Prize wraps up unpredictable Nobel season
The Nobel Economics Prize on Monday wraps up a Nobel season characterised by surprising picks, with a number of women in with a chance of scooping the traditionally male-dominated prize. This Nobel season, only one woman has won -- Philippine journalist Maria Ressa who won the Peace Prize on Friday -- while the economics prize has so far only been awarded to two women in history, Elinor Ostrom in 2009 and Esther Duflo in 2019. American Anne Krueger, formerly the number two and briefly the managing director at the International Monetary Fund (IMF), as well as a former Vice President for Economics and Research at the World Bank, is one possible winner.
U.S. wrestler Gable Steveson will participate in the men's freestyle 125kg final Friday at the Tokyo Olympics, where he will compete with pride and honor in representing his country.
He'll be competing for 250,000 other reasons, too.
Steveson, also a wrestler for the University of Minnesota, stands to cash in big with a gold medal, thanks tothat pay out stipends to athletes who make it to the podium.
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MONEY FOR MEDALS:
Fellow American wrestlers David Taylor () and Tamyra Mensah-Stock ( ) already earned the $250,000 top prize for American wrestlers when they each won a gold medal in their respective events. Three other freestyle wrestlers have also won medals.
"I've won a lot of medals in my career,"following the medal ceremony. "This one feels a little bit heavier."
It starts with the United States Olympic & Paralympic Committee (USOPC). Through its program Operation Gold, any U.S. athlete who wins a medal in any sport will also receive a financial reward: $37,500 for gold, $22,500 for silver, $15,000 for bronze.
What Simone Biles learned from Tokyo Olympics: 'How courageous, how brave I am'
Simone Biles withdrew from team competition, most individual events in Tokyo after anxiety manifested itself in the twisties, a loss of air awareness.It’s been almost three months since Biles was forced to withdraw from multiple events at the Tokyo Olympics after rising anxiety manifested itself in the “twisties,” causing her to lose her sense of where she was in the air. She’s still processing it all – that it happened, the reaction to it – but a few things are clear.
But that's just the beginning.
Several of the national governing bodies of the sports have additional incentive reward programs, based on performance. But since the national governing bodies are organized as private, non-profit organizations, they are not required to publicly disclose the monetary amounts of the awards.
The governing body of wrestling, however, USA Wrestling, has details about its reward program called theon its official website.
Under the program, any wrestler who gets a gold medal will cash in $250,000. A silver nets $50,000 and a bronze $25,000.
USA Wrestling spokesman Gary Abbott confirmed to USA TODAY Sports' Steve Berkowitz that USA Wrestling had the Living The Dream Medal Fund in place for the Tokyo games.
According to the organization, the fund "will incorporate existing bonuses from USA wrestling and funds as made available by the USOPC."
Phone call, worn underwear, Sharpie: How Ariel Torres' historic Olympic medal quest in karate began
For karateka Ariel Torres, the first American to win an Olympic medal in karate, the road to Tokyo started with a call, worn underwear and a Sharpie. Your browser does not support this video Five years before he took bronze in men’s kata at the Tokyo Games, 18-year-old Torres received a call from his sensei, Robert Young of Goju-Ryu Miami Kenseikan. Young told Torres that karate was being added to the Olympic program for 2020. However, karate wouldn’t be featured at the 2024 Paris Olympics, so Torres needed to spend the next four years working toward qualification.
So when Steveson, the 2016 bronze medalist and three-time world champion (2017-19) of Georgia in the final on Friday, he could take home the quarter of a million dollars.
By5-0 in the men’s 125kg semifinals Thursday, Steveson secured an award of at least $50,000, as a defeat in the final against Petriashvili earns him the silver medal.
Steveson is eligible to keep the prize money and return to wrestle for the Gophers.
And he has already started to earn money thanks to the revised rules about name, image and likeness rights and signed marketing deals that will pay him to be a brand ambassador. Stevesonand .
He was the national champion last season as a junior and alsofor the best college wrestler in the country last year with Iowa's Spencer Lee.
If Steveson wins gold, it will mark the second consecutive Olympics in which a college wrestler will have earned the $250,000 prize, after former Ohio State wrestler Kyle Snydermen's event at the Rio Olympics in 2016.
Viewing Picks for August 6, 2021
All Times Eastern Australian Rules Football AFL — Week 21 Carlton Blues vs. Gold Coast Suns — Fox Soccer Plus, 11:30 p.m. Richmond Tigers vs. North Melbourne Kangaroos — FS1, 2:30 a.m. (Saturday) Adelaide Crows vs. Port Adelaide Power — FS1, 5:30 a.m. (Saturday) Canadian Football League Week 1 BC Lions at Saskatchewan Roughriders — Read more The post Viewing Picks for August 6, 2021 appeared first on Awful Announcing.
As of Thursday, 22 Olympians with remaining NCAA eligibility have earned a combined total of $712,500 through the USOPC and not counting the awards from the national governing bodies. Gymnast Suni Lee and swimmer Bobby Finke lead that pack with $75,000 each.
Contributing: Chris Bumbaca and Steve Berkowitz
This article originally appeared on USA TODAY:
Simone Biles 'keeping the door open' for possible return at 2024 Olympics .
Simone Biles has had an incredible Olympics. With her final routine behind her — a brilliant performance on beam that earned her a bronze medal — she sat down with Today's Hoda Kotb to talk about her future and why Tuesday's bronze medal means so much to her. When Biles was asked if she might return at the 2024 Olympics in Paris, she first said that she needed time to absorb everything that's happened to her over the last few weeks. This is theWith her final routine behind her — a brilliant performance on beam that earned her a bronze medal — she sat down with Today's Hoda Kotb to talk about her future and why Tuesday's bronze medal means so much to her.