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World Athletics (WA), the governing body of the sport of athletics is apparently flush with cash according to an Inside the Games article.
The article states that reported revenue for the out-of-sequence Olympic year of 2021 bounded ahead to $82.9 million (£71.5 million/€82.6 million), from $44.3 million (£38.2 million/€44.2 million), and propelled profit to $29.8 million (£25.7 million/€29.7 million) from just $2.1 million (£1.8 million/€2.1 million) in 2020.
Approaching half of the overall revenue figure – some $39.5 million (£34.1 million/€39.3 million) – was the product of the payment made by the International Olympic Committee (IOC) for track and field’s contribution to the last Summer Games.
A smaller $6.3 million (£5.4 million/€6.3 million) IOC dividend tranche will be accounted for in 2022.
Apparently, there were not material impacts by banning Russia from the sport.
With the Olympic Games in the reporting period, the revenue from the event comes in every four years. Paris 2024 Olympic Games will be just three years after Tokyo due to the pandemic. The Games were scheduled for 2020, however, were moved to 2021.
Shoestrings:
Nigerian Grace Nwokocha was told by her lawyer to keep her lips sealed as she waits for an investigation into her alleged positive doping test according to a Nigerian Guardian article.
“Grace may have been set up by a bad friend, who is envious of her rising profile in athletics because the whole thing doesn’t make any sense to me. Grace was subjected to all kinds of tests, including Out and During competition dope tests before and after the National Trials in Benin City. I am suspecting foul play somewhere,” the coach stated.
Joe Kovacs 🇺🇲 reigns supreme in Zurich!!🔥
— Track & Field Gazette (@Track_Gazette) September 7, 2022
He wins the men's Shot Put at the Diamond League final with a massive 23.23m, moving up to 2nd on the all-time list. He finished ahead of Ryan Crouser 🇺🇲 who threw 22.74m while Tom Walsh 🇳🇿 was 3rd with 21.90m. pic.twitter.com/9infjuDjRd
Joe Kovacs became only the fourth man to throw 23 metres in the men’s shot put as he became Wanda Diamond League champion in defeating fellow American Ryan Crouser, the world and Olympic champion.
Kovacs joins fellow American Crouser who is ranked number one at 23.37m from his put performed in June 2021 at Hayward Field in Eugene, Oregon. The two others are American Randy Barnes (23.12m) and German Ulf Timmermann (23.06m).
