Players from the NBA, NHL and MLB teams have been rewarded with $300 million in cash bonuses for winning the NBA and NHL championships, the International Olympic Committee said on Wednesday.
The US$300 million was awarded to the winners of the NBA championship and the NHL championship, and the NBA Finals, the IOC said in a statement.
The bonuses were announced by US President Donald Trump and other US officials in Washington.
The $300m is the largest payout for the Olympic Games and the first major sports award to be made to the athletes from the United States since 2000, the world body said.
In the US, the $300mn is split among the NBA champion Los Angeles Lakers and NBA MVP Kobe Bryant, the NHL’s Detroit Red Wings and NHL Stanley Cup champion Tampa Bay Lightning, and players from the US men’s soccer team and US women’s national soccer team.
In total, more than $1.1bn in prizes were handed out, the USOC said.
The NBA and the MLB won the games in Atlanta and Los Angeles, while the NHL and NHL playoffs were split between Montreal and Toronto.
The MLB and NHL’s championship games are played in Chicago and St. Louis, respectively.
In addition to the NBA prize, the NBA will also receive $50m to $75m for the NBA All-Star Game in 2019, and $100m for each of the 2021 and 2022 Olympics.
The NHL’s All-Stars Game, held at US Airways Center in Miami, was also given a big boost, receiving $1bn, the league said.
“This is a big milestone, and it’s an even bigger celebration for us,” NBA Commissioner Adam Silver said in the statement.
“We have won three of the past four NBA championships and we will do everything in our power to bring another championship to the fans in 2017 and beyond.”
The USOC is the organisation charged with organising the 2024 Olympics in Pyeongchang, South Korea.