What happened: The International Olympic Committee committed Wednesday to paying more than $100 million directly to athletes. The plan establishes a fund offering $10,000 grants that competitors can apply for after taking part in a Summer or Winter Games.

Why it matters: It marks a rare instance of Olympic revenue flowing straight to the athletes who generate it, addressing long-running criticism that competitors see little of the movement's commercial windfall. Tying the grants to participation makes the benefit broad rather than limited to medalists, extending support across the full field of Olympians.

What to watch: Watch for the application process, eligibility windows and the first Games at which athletes can claim the grant.