Choi Yoon, President of the Korea Rugby Union, to Award 30 Million KRW for Tokyo Olympic Gold Medal

[Asia Economy Reporter Song Seung-seop] Choi Yoon, President of the Korea Rugby Union (Chairman of OK Financial Group), has announced generous rewards for the rugby national team players and coaching staff who made history by reaching the Olympic finals for the first time.

The Korea Rugby Union announced on the 16th that the reward for winning a gold medal at the ‘2020 Tokyo Summer Olympics’ is set at 30 million KRW per person. Rewards of 20 million KRW and 10 million KRW will be given for silver and bronze medals respectively. Additionally, regardless of results, national team players selected for the final roster will receive basic reward items worth approximately 3 million KRW.

Furthermore, if the team achieves its first victory on the Olympic stage, an additional reward worth 2 million KRW will be given, and if they advance to the quarterfinals, reward items worth about 4 million KRW per person will be provided. All rewards are cumulative, and if a gold medal is won, the total reward per person will be approximately 50 million KRW.

In addition to player rewards, President Choi plans to reward the head coach, coaches, and staff members involved with the national team. The Korea Rugby Union explained that the total reward amount will reach about 800 million KRW.

When the historic first Olympic qualification was confirmed in December 2019, President Choi also supported the national team players and coaching staff with reward money amounting to 50 million KRW and sports equipment at a celebratory event.

Choi Yoon, President of the Korea Rugby Union, said, “I am grateful to the national team players who have quietly done their best to promote national prestige and develop Korean rugby despite the COVID-19 situation,” and added, “I hope the sweat and passion they have poured out so far will lead to valuable results on the Olympic stage.”

This content was produced with the assistance of AI translation services.