Monday, November 21, 2011
The Canadian Olympic Committee announced today that it has created a coach reward program for Olympic podium performances, financially rewarding the coaches of Olympic medal winners.
Beginning with the London 2012 Olympic Games, the coach of Olympic medallists will receive $10,000 per gold medal, $7,500 per silver medal and $5,000 per bronze medal, per sport discipline.
This represents half of the amount awarded to Olympic medal-winning athletes through the Athlete Excellence Fund: $20,000 for gold, $15,000 for silver and $10,000 for bronze.
“Coaches are the backbone of our athletes’ planning, preparation and performances,” said COC President Marcel Aubut. “From the time a child takes their first steps onto the field, the track, or the ice, the coach is the key. We need to keep our coaches in Canada. We need to reward them at the level they so rightly deserve.”
Full story can be found HERE.