Russia Announces Cash Prizes for Its Universiade Medalists

© RIA Novosti . Alexandr Kryajev / Go to the mediabankRussia Announces Cash Prizes for Its Universiade Medalists
Russia Announces Cash Prizes for Its Universiade Medalists - Sputnik International
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Russia’s federal government will pay out roughly $5,400 to Russian gold medalists at this summer’s University Games in the Russian city of Kazan, according to a decree signed Tuesday by Prime Minister Dmitry Medvedev.

MOSCOW, May 21 (R-Sport) – Russia’s federal government will pay out roughly $5,400 to Russian gold medalists at this summer’s University Games in the Russian city of Kazan, according to a decree signed Tuesday by Prime Minister Dmitry Medvedev.

Silver medalists, meanwhile, will receive a bonus of just over $2,600, while bronze medalists will earn about $1,600, as Russia looks to finish first in the medal table for the third summer Universiade in five years, dating back to the 2005 Games in Izmir, Turkey.

Russia came second with 132 medals, including 42 gold, at the biennial Universiade in Shenzhen in 2011. The host Chinese led with 145 medals and a whopping 75 gold.

Cash disbursements for medalists at international competitions are not uncommon for federal sports bodies, with many countries and athletes viewing them as incentives as much as they do rewards.

While battling Great Britain for third place in the gold medal table at the London 2012 Olympics, Russia promised its athletes $135,000 if they stood atop the podium, but ultimately finished five golds short with 24.

Reuters reported last year that 204 National Olympic Committees had bonus programs for their medal winners.

In addition to prizes for university athletes, the decree Tuesday awards coaches of gold medalists about $2,500. Silver medal coaches receive $1,200 and bronze medal trainers take home about $800.

The money will be put up by Russia’s sports ministry and the Russian Students Sports Union, the document said. Both bodies are involved in organizing the Games, which run from July 6 through 17.

Earlier this week, the RSSU said 663 Russian athletes are expected to compete in Kazan.

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