Is there prize money given with olympic medals?

There’s no pay from the IOC (International Olympic Committee) when they win a medal. But many countries Olympic committees pay their athletes for winning medals. Among them, The U.S., Russia, Canada, China & Italy and many more countries. $20K-$50K per gold medal is typical in bigger countries. The smaller countries actually tend to pay more, …

Tug of War, once a part of Ancient Olympics, was also once a part of the modern Olympics

Tug of war was contested as a team event in the Summer Olympics at every Olympiad from 1900 to 1920. Originally the competition was entered by clubs, which meant that one country could win several medals. This happened in 1904, when the United States won all three medals, and in 1908 when the podium was occupied by three British teams. Sweden was also among the top …

Images of Albert Einstein’s 1921 Nobel Prize medal and certificate

In 1922, the Royal Swedish Academy awarded Albert Einstein the 1921 Nobel Prize in Physics. The official announcement came when Einstein was on a lecture tour in Japan. Einstein’s General Theory of Relativity was, at that time, still controversial and members of the Swedish Academy avoided the issue by granting him the prize for his …