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Reward scheme implemented for Team Scotland medallists

:Headline: Reward scheme implemented for Team Scotland medallists: ID:166255: from db_amp
An initiative which will see £300,000 allocated to recognise and support medal-winning Team Scotland athletes in Glasgow is launched on the eve of the Games.

Commonwealth Games Scotland has announced an initiative that will see £300,000 allocated to recognise and support medal-winning Team Scotland athletes in Glasgow.

The Medallists Reward Scheme, which was first introduced to Scottish athletes at Delhi 2010, is designed to kick-start longer-term savings and investment planning for athletes once they retire.

Unveiling the scheme, CGS chairman Michael Cavanagh said: "The Medallists Reward Scheme is designed to give athletes a boost at that financially uncertain time when they make the often difficult decision to give up competing in their chosen sport.

"It aims to recognise the sacrifices they have made to pursue their sporting career over the years and reward their achievements on the Commonwealth stage.

"The scheme has been designed to be a positive investment in our athletes that is affordable, fair and equitable across all 17 sports on the Glasgow 2014 programme."

Gold medallists will receive up to £10,000, silver medallists will be rewarded with up to £5,000, while up to £2,500 will be handed to bronze medallists at the Games.

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