The Jamaica Olympic Association (JOA) celebrated the achievements of Jamaica’s medalists from the 2024 Paris Olympic Games in a lavish ceremony at the Terra Nova Hotel in Kingston on Saturday night. During the event, the JOA not only rewarded the athletes for their extraordinary performances but also announced a groundbreaking $300 million investment for the 2028 Olympic cycle.

 Highlighting the evening was the presentation of cash rewards to the Paris Olympic medalists. Gold medalist Roje Stona was awarded JMD$3 million for his remarkable achievement, while silver medalists Kishane Thompson, Wayne Pinnock and Shanieka Ricketts received JMD$1.5 million each. Bronze medalists Rajindra Campbell and Rasheed Broadbell were each rewarded with JMD$1 million. Additionally, Jaydon Hibbert, the Olympic Spirit Award winner, recognized his outstanding sportsmanship, will receive JMD$500,000.

 In his address, JOA Secretary General Ryan Foster emphasized the significance of recognizing excellence and the JOA’s commitment to supporting Jamaica’s athletes. “Excellence is not time bound. It is timeless,” Foster said. “So whenever and wherever the JOA observes it, we will applaud with respect and record for posterity while saluting our Olympic ambassadors, those inspired change-makers of a great sporting heritage of which the Olympic movement is the cornerstone.”

 Olympic medalists with their plaques and trophies from left to right: Wayne Pinnock, Rajindra Campbell, Shanieka Ricketts, Roje Stona, Kishane Thompson, and Rasheed Broadbell. At right is rising star Jaydon Hibbert.

Foster also unveiled a JMD$250 million investment plan for the next Olympic cycle, targeting key areas critical to athlete development. The funding will support scholarships and grants for 12 athletes aiming to qualify for the 2028 Los Angeles Olympics, amounting to JMD$80 million over the quadrennial. These funds will cover training, attendance at qualifying events, transportation, nutritional support, and access to advanced technology.

 An additional JMD$50 million will be invested in an equipment grant, ensuring athletes have the tools they need to train and compete effectively. Coaching scholarships, amounting to $50 million, will bolster the expertise of national and elite coaches, fostering the development of athletes at all levels. A travel grant of JMD$70 million will ensure that athletes can participate in crucial Olympic qualifying events without financial barriers.

 In summing up the JOA’s approach, Foster underscored the organization’s role as a key player in the sporting financial market. “The JOA is a major player in the sporting financial market as we continue to amass capital by brokering innovative partnerships and employing prudent strategies,” he said. “The Olympic Reward is an investment instrument that we have created, the dividends of which are payable to deserving sportsmen and women.”

Looking ahead to the conclusion of the 2028 Olympic cycle, Foster revealed that $50 million is already being set aside for the next Olympic Salute, ensuring that future successes are met with equal recognition. “At the end of this Olympic cycle culminating in LA 2028, we will salute again, and of course, it is hoped that this investment of JMD$250 million will reap even greater dividends for our athletes,” he stated.

 Foster closed by reinforcing the JOA’s unwavering dedication to the athletes and their success. “We salute your excellence and will continue to provide avenues to monetize your hard work and your brand,” he said.

 The event was a testament to the JOA’s belief in Jamaica’s athletes and their potential to achieve greatness, both now and in the future.