Funding Increase for New Zealand Olympic Sailing:
Yachting New Zealand is looking to maintain the momentum the sport achieved at the Rio Olympics and have a better chance of doing this following an increase in funding from High Performance Sport New Zealand (HPNZ). Yachting is a targeted tier 1 sport and has been earmarked to receive $ 15.1 million NZD from HPSNZ in core funding over the next four-year Olympic cycle. This is an increase from $ 12.45 million NZD received over the last Olympic cycle. Full report.
USA Increases Payments to Athletes:
Team USA athletes will see their hard work and accomplishments recognized more than ever starting in 2017. As part of a continued effort to direct more resources to athletes, the United States Olympic Committee announced today that Operation Gold payments to U.S. athletes will increase significantly for the 2017-20 quadrennium. Operation Gold provides monetary rewards to athletes who earn medals at Olympic and Paralympic Games, as well as world championships. Full report.
Full Article: Scuttlebutt Sailing News – USA Increases Payments to Athletes, Editor