Swimming Set To Receive Second Highest IOC Funding Among All Olympic Sports

The Association of Summer Olympic International Federations, the organization that represents all 28 sports on the 2016 Rio Olympic Program, is giving swimming one of the highest revenue distributions out of any sport.

Both FINA (the governing body for swimming) and FIG (the governing body for gymnastics) are set up to receive a 28 per cent increase over the next Olympic quadrennium, unlike what they’ve received in the post-London period.

The ASOIF is estimating that the total amount distributed amongst the sport organizations by the International Olympic Committee will be $550 million. In 2012, $515 million was given out, but with the addition of golf and rugby sevens in the Olympic schedule, more money has to be accounted for.

Athletics still sits on the top of the receiving end with $40 million coming their way, however that is a drop from previous years. They’re getting 11.5 per cent less of the total.

Swimming and Gymnastics are both tied for receiving the second most with $32 million each. This was a 28 per cent increase from 2012. Swimming and Gymnastics beat out third tier sports basketball, cycling, soccer, tennis, and volleyball.

Sport Revenue allocation Change from prior quadrennium
Athletics $40 million (-) 11.5 per cent
Gymnastics and swimming $32 million each (+) 28 per cent
Basketball, cycling, football, tennis and volleyball $25 million each No change
Rowing $17.7 million No change
Archery, badminton, boxing, judo, shooting, table tennis and weightlifting $17.7 million (+) 15.7 per cent
Equestrian, handball and hockey $15.3 million (-) 13.5 per cent
Canoeing, fencing, sailing, taekwondo, triathlon and wrestling $15.3 million No change
Modern pentathlon $13 million (-) 15 per cent
Golf and rugby sevens $13 million N/A
ASOIF $2.8 million
Total $550 million

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Joel Lin
9 years ago

Gymnastics ?!??!??

Well, didn’t see that one coming.

M Palota
9 years ago

Who gets that money and what do they use it for?

About Mitch Bowmile

Mitch Bowmile

Mitch worked for 5-years with SwimSwam news as a web producer focusing on both Canadian and international content. He coached for Toronto Swim Club for four seasons as a senior coach focusing on the development of young swimmers. Mitch is an NCCP level 2 certified coach in Canada and an ASCA Level …

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