Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Woman charged over vandalism of World War II Memorial in Washington, DC | Crime News

    August 14, 2026

    Mir Raza Ali’s father seeks suspension of East DIG, others for ‘concealing evidence’

    August 14, 2026

    Taylor Swift drops big ‘TS13’ hint after early Easter Eggs a year ago

    August 14, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Politics
    • News
    • Magazines
    Facebook X (Twitter) Instagram
    Login
    22Media22Media
    Subscribe
    • Home
    • News
      • Pakistan News
      • World News
      • Amazing News
      • Only On 22
    • Sports
    • Bussiness
    • Innovation
      • Health & Sciences
      • Technology
    • Culture
      • Crime & Justice
      • Entertainment
    • Politics
    • Magazines
    • Weather
    • Video
    • Live
    22Media22Media
    Home»Sports»PSB hikes cash rewards for medal-winning athletes
    Sports

    PSB hikes cash rewards for medal-winning athletes

    22febdm@gmail.comBy 22febdm@gmail.comJuly 27, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Paris 2024 Olympics Medal Preview - Chaumet, Paris, France - February 1, 2024 A Paris 2024 Olympic Games gold medal is seen on display at Chaumet jewellery. — Reuters
    Paris 2024 Olympics Medal Preview – Chaumet, Paris, France – February 1, 2024 A Paris 2024 Olympic Games gold medal is seen on display at Chaumet jewellery. — Reuters

    KARACHI: The Pakistan Sports Board (PSB) has significantly enhanced cash rewards for medal-winning athletes under a revised policy approved during its 34th board meeting, raising incentives across multiple categories and introducing new event-specific awards.

    Under the updated framework, the reward for an Olympic gold medal has tripled from Rs10 million to Rs30 million. Silver medalists will now receive Rs20.5 million, up from Rs7.5 million, while bronze medalists will earn Rs10 million compared to Rs5 million in the previous policy. Asian Games gold medalists will get Rs10.5 million instead of Rs7.5 million, with silver and bronze medalists securing Rs7 million and Rs5 million, respectively — both higher than the earlier Rs5 million and Rs3 million.

    Commonwealth Games prizes have also been revised upward. Gold medalists’ awards increase from Rs5 million to Rs7.5 million, while silver and bronze medalists will receive Rs5 million and Rs3 million, respectively, compared to Rs3 million and Rs2 million earlier.

    For the first time, the PSB has categorised World Championships and Asian Championships based on their frequency, assigning different amounts for events held every four years, every two years, and annually. 

    For example, four-year World Championship winners will now get Rs7.5 million, while biennial champions will receive Rs5 million, and annual winners will earn Rs3 million. Similar tiered structures apply to Asian Championships, Commonwealth Championships, and junior-level events.

    The revised policy also introduces separate allocations for cue sports, awarding Rs1.5 million for an IBSF World Snooker Championship title and Rs0.75 million for an Asian Snooker Championship gold. Squash champions will receive Rs10 million for winning prestigious titles like the British Open or an equivalent event, while junior squash champions will be entitled to Rs5 million.

    Other provisions, including awards for Paralympic, Deaflympic, and Blind Games athletes, team events, and coaches, remain consistent in structure but will benefit from the increased base amounts applied to major competitions.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    22febdm@gmail.com
    • Website

    Related Posts

    Pakistan captain Babar in injury scare ahead of England opener

    August 14, 2026

    Injured Mohammad Nawaz ruled out of National Champions Cup remainder

    August 14, 2026

    Tanzid makes history as Bangladesh dominate first Australia Test

    August 14, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Demo
    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    World News

    Woman charged over vandalism of World War II Memorial in Washington, DC | Crime News

    By 22febdm@gmail.comAugust 14, 20260

    The arrest comes weeks after Trump criticised Jeanine Pirro for dropping charges over damage to…

    Mir Raza Ali’s father seeks suspension of East DIG, others for ‘concealing evidence’

    August 14, 2026

    Taylor Swift drops big ‘TS13’ hint after early Easter Eggs a year ago

    August 14, 2026

    ECC approves increase in petroleum dealers’ margin

    August 14, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    22Media
    Facebook Instagram YouTube WhatsApp
    • Home
    • Politics
    • News
    • Magazines
    © 2026 22Media. Designed by AleemSoft Hub.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?