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Russians to get $130,000 for London Olympics gold

The Russian government has announced awards of $130,000 to Russian athletes who win a gold medal at the 2012 London Olympics. The government has announced that silver medalists would receive $82,000, while bronze winners would get $56,000.
IANS | By HT Correspondent, Moscow
UPDATED ON FEB 04, 2012 07:56 AM IST

The Russian government has announced awards of $130,000 to Russian athletes who win a gold medal at the 2012 London Olympics.

The government announced on Friday that silver medalists would receive $82,000, while bronze winners would get $56,000.

The incentives are similar to those offered during the Vancouver Games in 2010, where Russia, a traditional winter sports powerhouse, delivered its most miserly medal haul in Olympic history, finishing 11th in the final standings with three gold, five silver and seven bronze.

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