OlympicTalk · Sep 8, 2016
NCAA might reconsider Olympic bonuses after swimmer received $750,000
NCAA President Mark Emmert says the association might reconsider allowing college athletes who compete in the Olympics to accept payments for performance.
The NCAA rules allow athletes to accept money for training from the U.S. Olympic Committee or similar organizations in other countries along with national sports governing bodies.
Athletes can also keep bonuses given for winning medals. A gold medal was worth $25,000 for U.S. athletes in Rio. A silver paid $15,000 and a bronze $10,000. In 2001, the NCAA changed its rules to allow athletes to accept these bonuses and retain NCAA eligibility.