• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Saturday, January 10, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Pakistan Sports Board Announces Increased Cash Rewards for Medal-Winning Athletes

July 27, 2025
in Pakistan
Pakistan Sports Board Announces Increased Cash Rewards for Medal-Winning Athletes
Share on FacebookShare on TwitterWhatsapp

In a landmark move to boost motivation and support for Pakistani athletes, the Pakistan Sports Board (PSB) has significantly increased cash rewards for medal winners across a wide range of international competitions. The decision was made during the 34th board meeting of the PSB, where a revised policy was approved to not only enhance existing incentives but also introduce new reward categories for events such as the World Championships, Asian Championships, and various cue sports.

Under the updated reward structure, the prize money for an Olympic gold medal has seen a dramatic increase — tripling from Rs10 million to Rs30 million. Athletes securing silver medals at the Olympics will now receive Rs20.5 million, up from Rs7.5 million, while bronze medalists will be awarded Rs10 million, doubling from the previous Rs5 million.

This upward revision isn’t limited to the Olympics. The Asian Games have also seen enhanced incentives. Gold medalists will now receive Rs10.5 million, an increase from Rs7.5 million. Silver and bronze winners will get Rs7 million and Rs5 million, respectively, up from Rs5 million and Rs3 million in the previous policy.

Similarly, rewards for the Commonwealth Games have been upgraded. Gold medalists will now receive Rs7.5 million, up from Rs5 million. Silver medalists will take home Rs5 million (previously Rs3 million), while bronze medalists will earn Rs3 million, an increase from Rs2 million.

Tiered System for World and Asian Championships

For the first time, the PSB has introduced a tiered reward system for the World Championships and Asian Championships, based on the frequency with which these competitions are held.

  • Athletes winning titles at four-yearly World Championships will be awarded Rs7.5 million.
  • Winners of biennial (every two years) events will receive Rs5 million, while
  • Annual championship winners will get Rs3 million.

This structured approach will also apply to other events like the Commonwealth Championships and junior-level competitions, ensuring fair recognition based on the level and frequency of each competition.

Special Rewards for Cue Sports and Squash

A notable addition to the revised policy is the inclusion of cue sports and squash with specific reward allocations.

  • Winners of the IBSF World Snooker Championship will now receive Rs1.5 million, while the Asian Snooker Championship gold medalists will earn Rs0.75 million.
  • In squash, champions of prestigious tournaments like the British Open will receive Rs10 million, while junior squash champions will be rewarded Rs5 million.

Continued Support for Paralympic and Team Events

While the revised policy focuses on increasing individual athlete rewards, it continues to support Paralympic, Deaflympic, and Blind Games athletes, as well as team events and coaches. These categories will also benefit from the increased base amounts applied across major international competitions.

A Step Toward Athlete Empowerment

The PSB’s revised policy reflects a broader vision to uplift and empower Pakistan’s sports talent by offering meaningful financial recognition. By aligning reward structures with international standards and acknowledging a broader range of disciplines and events, the PSB aims to fuel national pride and encourage young athletes to aim for the podium.

This comprehensive update signals a strong commitment to fostering a high-performance sports culture in Pakistan — one that values both achievement and perseverance.

Tags: AnnouncesathletesBoardcashIncreasedMedalWinningPakistanRewardsSports
Share15Tweet10Send
Previous Post

Your lookahead horoscope: July 27, 2025

Next Post

Dar highlights ‘recent assurances’ from Kabul on Afghan soil not being used for terrorism

Related Posts

Pakistan Nears $1.5 Billion Deal to Supply Weapons, Jets to Sudan
Pakistan

Pakistan Nears $1.5 Billion Deal to Supply Weapons, Jets to Sudan

January 10, 2026
KP CM engaging in ‘illegal activity and travel,’ says Rana Sanaullah over Afridi’s Karachi visit
Pakistan

KP CM engaging in ‘illegal activity and travel,’ says Rana Sanaullah over Afridi’s Karachi visit

January 9, 2026
PTI workers and supporters take part in a rally celebrating the arrival of Khyber Pakhtunkhwa Chief Minister Sohail Afridi in Karachi on January 9. — X/@HaleemAdil
Pakistan

‘Democratic traditions still alive in Sindh’: KP CM Sohail Afridi rallies PTI support base in Karachi for street movement

January 10, 2026
Prioritising patient care, Punjab CM orders hospital staffers to wear body cameras
Pakistan

Prioritising patient care, Punjab CM orders hospital staffers to wear body cameras

January 9, 2026
Sindh minister welcomes KP CM Afridi upon arrival at Karachi airport
Pakistan

Sindh minister welcomes KP CM upon arrival at Karachi airport

January 9, 2026
Sindh minister welcomes KP CM Afridi upon arrival at Karachi airport
Pakistan

Sindh minister welcomes KP CM Afridi upon arrival at Karachi airport

January 9, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.