USA Wrestling and the Stewards of the Living the Dream Medal Fund hosted a special function Thursday night at a private residence in New York City, paying out the first bonuses to the 2020 U.S. Olympic wrestling medalists. Six of the nine Olympic medalist wrestlers received oversized checks as part of the ceremony.
The record $950,000 overall payout is based upon the historic performance of the U.S. Olympic wrestling team at the Olympic Games Tokyo 2020, where the USA came home with three gold medals, two silver medals, and four bronze medals. The previous record payout during an Olympic year came in 2016 when the fund paid out $600,000 to wrestling medalists from the Rio de Janeiro Olympic Games.
The funding for the program comes from a group of individual donors who are called Stewards, along with support from USA Wrestling and the U.S. Olympic & Paralympic Committee.