Olympic Movement

Sports

IBA and IOC clash over Olympic prize money as boxing, athlete rewards and reform pressure grow before LA28

IBA president Umar Kremlev warns that the Olympic Movement must reform its financial model and reward the athletes who create the value of the Games more clearly. The dispute with the IOC puts boxing, prize money, solidarity funding, IBA’s status and World Boxing’s role before the Los Angeles 2028 Olympic Games at the center of debate