Olympic coaches to get cash incentive, too
On the heels of a Canadian Olympic Committee announcement detailing a funding initiative for Olympic athletes, the COC announced Saturday it has created a coach reward program for Olympic podium performances.
The new program will financially reward the coaches of Olympic medal winners.
Beginning with the London 2012 Olympic Games, coaches will receive $10,000 per gold medal, $7,500 per silver medal and $5,000 per bronze medal, per sport discipline.
It’s half the amount awarded to Olympic medalwinning athletes — announced on Thursday — $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.”
“This is a great new initiative from the COC,” said Julie Sauvé, a synchronized swimming coach.
“Coaches are used to working in the background, but it’s very gratifying to see the COC step up and recognize the effect coaches have on podium success.”
COC president Marcel Aubut thinks rewarding coaches for medal wins will help to keep them in Canada.