Friday, August 10, 2012 | Categories: Episodes
Today's guest host was Jim Brown.
Part One of The Current
It's Friday, August 10th.
According to a Canadian newspaper, the word "literally" is the world's worst word.
... Figuratively speaking.
This is The Current.
Paying Cash Rewards to Olympic Medallists - Rosannagh MacLennan
Canadian medallists first picked up cheques at the Beijing Olympics. Gold is worth 20-thousand dollars; silver ... 15-thousand; and bronze ... 10-thousand. The Canadian Olympic Committee distributes the cash through its Athlete Excellence Fund.
At the 2010 Olympic Winter Games in Vancouver, a whopping 14 gold medals were won by Canadian athletes and the COC awarded them 1.7-million dollars. We asked Mark Tewksbury - the Chef de Mission for Canada's Olympic team and a former Olympic gold medallist himself - why the Canadian Olympic Committee now pays cash rewards to its medallists.
Trampolinist Rosannagh MacLennan won Canada's first - and so far only - gold medal of the London Olympics last Saturday. She was in London.
Paying Cash Rewards to Olympic Medalists - Factboard
While a $20,000 prize for Canadian gold medallists is nothing to scoff at, some countries are more appreciative of their champtions than others.
Paying Cash Rewards to Olympic Medallists - Silken LaumannFor her thoughts on medal bonuses, we were joined by one of Canada's most celebrated Olympians. Silken Laumann won one silver and two bronze medals for Canada during her rowing career. She joined us on the phone from Stoney Lake, Ontario.
Paying Cash Rewards to Olympic Medallists - Forbes Columnist
Turning gold medals into cash is a fairly new kind of alchemy. But the old Olympic ideal of the amateur competitor is about as up-to-date as Chariots of Fire. Still, some critics believe that using cash bonuses to motivate athletes is just not the best use of resources.
This segment was produced by The Current's Kristin Nelson and Shannon Higgins.
Other segment from today's show: