Enhanced Games Looks to End Poverty for American Olympic Champions Upon Participation

2024 promises to be a sports carnival with several mega events lined up throughout the year. With the conclusion of the Gangwon 2024 Winter Olympic Youth Games, the focus now shifts to the Summer Olympics in Paris. As athletes gear up for the mega showdown in Paris, there’s excitement in the air as Enhanced Games aims to tackle poverty.

Enhanced Games is looking to pay all athletes taking part in its competition, and the prizes are expected to be bigger than the Olympic ones. Not only will it benefit athletes, the Paypal CEO-backed company is expected to compete with several local leagues.

Enhanced Games vows to better American athletes’ financial conditions

In the latest update, Enhanced Games announced that every athlete taking part in its competitions will receive a base salary while also competing for the winner’s prize. The winning prizes are expected to be the largest ever, and so the announcement states, “which will be larger than any other comparable event in history”. Olympic Gold Medalists receive a compensation of $37,500, Silver Medalists receive 22,500, and Bronze Medalists $15,000. However, Enhanced Games promises more.

The Olympics amasses $7.6 billion in quadrennial revenue, and $795 million of that goes to the US Olympic Committee. Out of the received revenue, only 6 percent of that goes to athletes as cash payments. In the UK Olympians, are not even paid a penny while 58% of Olympians have reported they aren’t financially stable. Enhanced Games will try to tackle the same problem by launching contests all around the country in five different categories, and the world record breaker is set to receive a million dollars in cash prize.

Enhanced Games World Record breaker to win $1 Million dollars

Enhanced Games has chosen Athletics, Gymnastics, Aquatics, Combat, and Strength as its five core categories, setting a new trend in the MMA world as well. While athletes will receive salary and medals for the top three positions, the ultimate prize of 41 Million Dollars will be awarded to the world record holder.

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Unlike the Olympics, Enhanced Games will run on an annual basis and will use reusable infrastructure for its events. The cost of hosting the Paris Olympics 2024 is estimated to be $59.7 billion dollars, and with each passing year, it is going to increase. However, Enhanced Games will tackle the problem by using existing college stadiums and infrastructure instead of building new ones.

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