4 ms·
You ask a just question and shouldn't be downvoted. A friend of mine is an ex-pro tennis player. She's nearing 60 years old now. She's been n 1 in her country
by TacticalCoder 8mo ago
You ask a just question and shouldn't be downvoted.
A friend of mine is an ex-pro tennis player. She's nearing 60 years old now. She's been n 1 in her country and n 2 worldwide in doubles.
And it's not easy for athletes once they age: when they're still young, they make money doing their sport. Then they find other things, often related, to do: for example she trained a world number one for years.
But later on, it gets more difficult: she became a tennis teacher. And the country's sport federation gives her money for quite a few years... But not until 65 years old.
It's precisely later in life that many pro athletes do need money.
Only those at the very, very, very top do make a really good living. For the others, it's hard.
So $100K at 45 is welcome.
P.S: also if you're 100% guaranteed to get $100 K a 45, I'm sure there are way to use that as collateral for borrowing before you're 45. But that may defeat the idea of giving it when they turn 45.
- zck 8mo agoIs your argument that, if she knew she was going to get $100,000 in 2010, she would have been number 1 in the world in doubles in 1990? That's how I understand the stated goal of this gift.
- skylurk 8mo agoPeople absolutely do give up their athletic career to start a normal career for better financial security.
- zck 8mo agoHow many of these normal careers pay a single paycheck of $100k that can't be cashed for twenty years? That's what this offer is.
- skylurk 8mo agoI don't think you should think of it as a paycheck. Delaying a normal career to compete in the olympics will set your career and earning potential back by a few years. This money tries to balance it out a bit.
- zck 8mo agoThe stated goal is that the money will help people do better in the Olympics. I don't see how it will do that. It might be good to do, but it won't help people perform better.
- skylurk 8mo ago> The stated goal is that the money will help people do better in the Olympics. Are you sure? It's not contingent on metals or anything. https://www.usopc.org/news/2025/march/04/united-states-olympic-paralympic-committee-and-united-states-olympic-paralympic-foundation-announce-100-million-gift-to-support-post-games-financial-security-for-team-usa-athletes https://www.usopc.org/news/2025/march/04/united-states-olymp...
- zck 8mo agoYour link includes this quote from Stevens: > "The Olympic and Paralympic Games are the ultimate symbol of human excellence. I do not believe that financial insecurity should stop our nation's elite athletes from breaking through to new frontiers of excellence,” said Stevens. And furthermore: > By providing financial support for athletes so they can continue competing and by increasing that support for each Games in which they compete, the Stevens Awards will dramatically increase the likelihood that athletes will continue competing, and winning, for America.
- saghm 8mo agoAnd now that they're getting $100k in a few decades they still will
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