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500K-1mil $$$ prize for Russian champions is just a start

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500K-1mil $$$ prize for Russian champions is just a start

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Old 08-12-2008, 05:20 PM   #1 (permalink)
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Default 500K-1mil $$$ prize for Russian champions is just a start

Albiev was born in Chechneya. He says President of Chechneya promised $500K to every Olympic champion who is from Chechneya.
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Old 08-12-2008, 05:28 PM   #2 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

When you say 500,000 dollars, I assume you mean thats how much it would be in American dollars?
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Old 08-12-2008, 05:43 PM   #3 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Most of Russian money comes from oil which is bought and sold in American dollars.
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Old 08-12-2008, 05:45 PM   #4 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Sweet! I wouldn't mind getting 500K for winning an Olympics, although i'd have to train my ass like crazy. Would they get paid for like winning worlds or like europeans or anything else besides Olympics?
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Old 08-12-2008, 05:49 PM   #5 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

so is that 500k on top of the initial 500k promised?
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Old 08-12-2008, 05:50 PM   #6 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Yes they have a system where a world champion gets $5K every month for a year in addition to some gifts usually somewhere around $100K from the govenment of the regions where they are from.

Olympic champions also get $5K per month but for the next 4 years, until next Olympics as long as they remain active.
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Old 08-12-2008, 05:51 PM   #7 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Originally Posted by pinartist View Post
so is that 500k on top of the initial 500k promised?
Yes its on top of what Kerimov promised. Kerimov's money is called a bonus.
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Old 08-12-2008, 05:58 PM   #8 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Does this apply to all regions of Russia or just Checnya?
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Old 08-12-2008, 06:01 PM   #9 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

All of Russia.
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Old 08-12-2008, 06:07 PM   #10 (permalink)
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Default Re: 500K-1mil $$$ prize for Russian champions is just a start

Nice. Those champions are getting big for winning big.
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