The 1,802 athletes from 78 National Olympic Committees (NOCs) competing at the Gangwon 2024 Winter Youth Olympic Games (hereafter referred to as Gangwon 2024) will not pay for room and board at the Gangneung Wonju University campus dormitory and Jeongseon Haiwon Athletes’ Village in Gangneung, Gangwon Province, where they will stay during the Games. The same is true for the Adult Olympic Games. The International Olympic Committee (IOC) pays for room and board for athletes at the Olympic Games and Youth Olympic Games. The International Federation of University Sports (FISU), which organizes the Summer and Winter World University Games (Universiade), charges NOCs 70 euros (about $102,000) per athlete per day for room and board, according to the Korea Olympic Committee and the IOC.
NOCs also pay $50 ($67) per athlete per day for room and board in the athletes’ village at the Asian Games, which are organized by the Olympic Council of Asia (OCA).Adult Olympic and Asian Games competitors stay in apartment-style villages, while Youth Olympic and Universiade athletes stay in traditional dormitories .According to the IOC’s website, the organization earned $7.6 billion ($10 trillion) in 2017-2021 from TV rights deals and Top Olympic Partner (TOP) marketing contracts with leading companies around the world.
The IOC announced that it spent $4.2 million (5.6 billion won) every day from 2017 to 2021 at a rate of 90 percent on the Olympics, athlete support, and the spread of the Olympic movement, and 10 percent on IOC operating expenses. The largest amount of money was distributed to the host countries of the adult Olympic Games, including the Tokyo 2020 Summer Olympics ($1.89 billion) and the Beijing 2022 Winter Olympics ($970 million). It also provided $64 million to the Buenos Aires 2018 Summer Youth Olympic Games and $26 million to the Lausanne 2020 Winter Youth Olympic Games. The majority of the funding goes to athletes’ accommodation and airfare The IOC will announce the amount of support for Gangwon 2024 after the Games. The IOC also allocates funding to sport-specific International Federations (IFs) and NOCs for each Summer and Winter 스포츠토토존 Olympic Games, which are staggered every two years.