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Do the winners of an Olympic event get a cash prize along with a medal?
The International Olympic Committee does not award cash prizes to the winners. Many countries, however, do offer cash prizes and other incentives to medalists. In 2012, American competitors who won Olympic medals were rewarded in cash by the US Olympic Committee. Gold medal winners received $25,000, Silver medal winners received $15,000, and Bronze medal winners received $10,000. However, the real money is earned through commercial endorsements. Some Olympians get paid a performance bonus from sponsors for winning a medal and may sign commercial endorsements that could wind up paying them millions.
Who was the first person to start the modern day Olympics?
The modern Olympics is the brainchild of Baron Pierre de Coubertin of France. He organised the first modern Olympic Games in Athens, Greece in 1896. A total of 245 athletes from 14 nations competed. Baron Pierre de Coubertin stood on the ideas of both Dr Brookes and the foundations of Evangelis Zappas to found the International Olympic Committee. In a congress at the Sorbonne University, in Paris, France, held from June 16 to June 23, 1984 he presented his ideas to an international audience. On the last day of the congress, it was decided that the first IOC Olympic Games would take place in 1896 in Athens, in the country of their birth. To organise the Games, the International Olympic Committe (IOC) was established, with the Greek Demetrius Vikelas as its first president. The Panathenian stadium was refurbished and reused for the Olympic Games held in Athens in 1896.
Where do the modern day Olympics take place?
in Londonthe Olympics are a giant sports event in which all the countries compete. it has many sports. and now in 2008 the Olympics are hosted by the Chinese in Beijing china the next in 2012 will be hosted in London united kingdomThe Olympic games are held every four years and are held in different locations each time. The locations are decided by the Intenational Olympic Committee.In olympia.
How many winter Olympic medals has Ghana won?
Ghana has never won a winter Olympic medal.
How many times have the Olympic Games been held Africa?
The Olympic Games have not been held in Africa.
