•   
  •   
  •   

Sport Gable Steveson can add $250,000 to US wrestlers' prize haul with a gold medal

01:55  25 october  2021
01:55  25 october  2021 Source:   usatoday.com

Celebrate Team USA's gold with new bobbleheads

  Celebrate Team USA's gold with new bobbleheads Team USA basketball captured gold again! To celebrate, check out these new, limited-edition bobbleheads from our friends at FOCO. Team USA basketball, led by superstars Kevin Durant, Jayson Tatum and Jrue Holiday, captured gold in the Tokyo Olympic games. It started off shakily, with many doubte rs creeping in wondering if the US would falter. But the team dug deep and finished atop the podium. If you want to celebrate America's basketball dominance, check out these new, limited-edition bobbleheads from our friends at FOCO. These all begin shipping no later than December 17.

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 to award programs in place that pay out stipends to athletes who make it to the podium.

a man wearing a blue shirt: Wrestler Gable Dan Steveson (USA) is one win away from a gold medal. © Mandi Wright, USA TODAY Sports Wrestler Gable Dan Steveson (USA) is one win away from a gold medal.

From NFL plays to college sports scores, all the top sports news you need to know every day.

3 US-based economists receive economics Nobel Prize

  3 US-based economists receive economics Nobel Prize STOCKHOLM (AP) — Three U.S-based economists won the 2021 Nobel prize for economics on Monday for pioneering research on the labor market impacts of minimum wage, immigration and education, and for creating the scientific framework to allow conclusions to be drawn from such studies that can’t use traditional methodology. Canadian-born David Card of the University of California at Berkeley was awarded one half of the prize, while the other half was shared by Joshua Angrist from the Massachusetts Institute of Technology and Dutch-born Guido Imbens, 58, from Stanford University.

MORE: Wrestler Gable Steveson wants to 'shock the world' even more with gold medal

MONEY FOR MEDALS: Olympic glory can also be very lucrative for athletes from these countries

Fellow American wrestlers David Taylor (86kg freestyle men's) and Tamyra Mensah-Stock (68kg freestyle women's) 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," Taylor said 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.

Macy's Is Having a Diamond Sale -- Take Up to 75% Off Stunning Sparklers

  Macy's Is Having a Diamond Sale -- Take Up to 75% Off Stunning Sparklers Grab huge deals on diamond jewelry, including engagement rings, stud earrings and more.The Diamond Sale has a ton of options for whatever your sparkly wants are. The fall sale event has low prices on beautiful engagement rings and a variety of jewelry styles -- from dainty diamond pieces for daily wear to statement-making, ornate designs for special occasions.

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 the Living The Dream Medal Fund on 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."

What Simone Biles learned from Tokyo Olympics: 'How courageous, how brave I am'

  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.

So when Steveson faces Geno Petriashvili, 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. 

By defeating Mongolia’s Lkhagvagerel Munkhtur 5-0 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. Steveson has 250,000 followers on Instagram and 32,900 on Twitter.

He was the national champion last season as a junior and also shared the Dan Hodge Trophy for 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 Snyder won the 97kg freestyle men's event at the Rio Olympics in 2016.

Phone call, worn underwear, Sharpie: How Ariel Torres' historic Olympic medal quest in karate began

  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.

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: Gable Steveson can add $250,000 to US wrestlers' prize haul with a gold medal

Set to return in New York City Marathon, Molly Seidel relives her 'pinnacle' Olympics experience .
Prior to Tokyo, Seidel went through a year and a half of what she called the best training in her life. The results showed with a 2:27:26 race and a podium appearance inside Olympic Stadium. "Straight up, I was about to start crying," Seidel said. "That was pretty much what you dream of. That was the pinnacle of what an Olympics experience could be. "We thought it was going to be some small thing on the front or back end and not actually during the ceremony. So when they were like 'you're going in the middle of it,' that was pretty cool.

usr: 0
This is interesting!