logo
Ross Stevens Pledges $100 Million to US Olympians, Paralympians

Ross Stevens Pledges $100 Million to US Olympians, Paralympians

Bloomberg05-03-2025

Ross Stevens, the founder and chief executive officer of Stone Ridge Asset Management, pledged $100 million to the US Olympic & Paralympic Foundation to provide a level of financial security to Team USA athletes after they hang up their red, white and blue uniforms.
The program, dubbed the Stevens Financial Security Awards, will begin with Olympians and Paralympians representing the US at the 2026 Milan-Cortina Olympics and continue through at least the 2032 Brisbane Olympics, said the USOPF, the fundraising arm of the US Olympic & Paralympic Committee. Stevens' gift is the largest in the USOPF's history.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Guerschon Yabusele explains what he's looking for in free agency
Guerschon Yabusele explains what he's looking for in free agency

USA Today

time25 minutes ago

  • USA Today

Guerschon Yabusele explains what he's looking for in free agency

Guerschon Yabusele explains what he's looking for in free agency The Philadelphia 76ers found themselves a steal in the form of Guerschon Yabusele. Out of the league for five years, Yabusele put on a show in the 2024 Olympics while playing for his native France and put himself on the NBA radar for his next opportunity. The Sixers swooped in and signed him to a 1-year deal worth only $2.1 million. The Dancing Bear then put on an impressive performance as he averaged 11.0 points, 5.6 rebounds, and 2.1 assists while shooting 38% from deep. Yabusele averaged 27.1 minutes per night playing in 70 games with 43 starts playing both the power forward and the center spots with so many injuries. When it comes to free agency, Yabusele will demand a big market. The Sixers want him to return, but one has to wonder if they will have the cap space to do so. In a sit down interview with HoopsHype, Yabusele discussed what he's looking for in free agency: Now that I've been on the team where I played and a lot of minutes too, I want to be in a situation where I can play too. I'm not asking to play 40 minutes a game. That would be crazy. But just to be in the right situation for me, for the team, having a goal that we can achieve and have a bunch of guys looking to the right direction. And if it's with the 76ers, I'll be more than happy. This has been a great, great season and time for me. the fans have been showing me nothing but love, even the organization. If I have to go back there, I'd be more than happy. And then if you've got to be somewhere else, I'd be happy, too. I just want to be on a team where we compete and we have the same goals. Yabusele is going to be a coveted player when free agency begins on June 30. It will certainly be interesting to see what happens with him and his future, but one has to believe that Philadelphia will find a way to clear some cap space to bring him back. The Sixers have some easily tradeable contracts to clear the way to bring back both Yabusele and Quentin Grimes.

Sir Andy Murray not ruling out return to coaching despite Novak Djokovic split
Sir Andy Murray not ruling out return to coaching despite Novak Djokovic split

Yahoo

time33 minutes ago

  • Yahoo

Sir Andy Murray not ruling out return to coaching despite Novak Djokovic split

Sir Andy Murray has not ruled out a return to coaching despite his short-lived link-up with former world number one Novak Djokovic coming to an end after just four tournaments last month. Murray was speaking at Queen's Club in London, whose centre court was officially inaugurated as the Andy Murray Arena on Monday ahead of the venue's new WTA 500 event, the first time the west London site has hosted women's tennis in 52 years. Advertisement Murray, who retired from playing after the 2024 Olympics, linked up with Djokovic in November and despite the pair terminating their relationship in May, the 38-year-old says he may accept a similar role in the future. Andy Murray relished his return to Queen's Club on Monday (John Walton/PA) Murray told BBC Sport: 'I would do it again at some stage. I don't think that will happen immediately. 'I wasn't planning on going into coaching as soon as I finished playing but it was a pretty unique opportunity. It was a chance to learn from one of the best athletes of all time. 'It was a brilliant opportunity for me. We got to spend some really nice moments away from the court. Results weren't as we wanted but we gave it a go.' Murray, a three-time grand slam winner and five-time winner of the men's title at Queen's, joked his tennis was now 'diabolical' before rallying with a 10-year-old doubles partner on the court. Advertisement 'My tennis is diabolical, apologies for what you are about to witness,' he said before pairing up with Gloria, 10, for the ceremonial two-round rally against Laura Robson, who won an Olympic silver medal alongside Murray in 2012, and Jay, 7. 'I've obviously missed being out here,' he added. 'It's the first time, obviously, not being involved in a grass court season for a while, but I've got a new life now and I'm enjoying being away from the sport a little bit.' Centre court at the Queen's Club was renamed in Murray's honour (John Walton/PA) The Scotsman also revealed he has a special connection to this event – he was coached as a 12 and 13-year-old by Russian Olga Morozova, the last women's singles winner here in 1973. Advertisement 'I think it's brilliant,' said Murray, when asked about the return of women's tennis to Queen's. 'This court has had many great matches on it. I think it's a great chance for women to showcase themselves out there.' The former world number one first competed in the main draw at Queen's as an 18-year-old and for the last time last season before retiring in Paris. He also claimed the doubles trophy in 2019 alongside Feliciano Lopez. Murray added: 'This tournament has so many special moments for me. It's the place where I won my first match on the ATP Tour, it's my most successful event. 'Coming back here at the start of the British summer and I'm very proud of the results I have here. 'I'm very grateful and thankful for whoever it was who decided to name the stadium this way. I hope there's lots of great matches and you all enjoy the tennis.'

We were lost souls after Olympic fish-bowl: swim aces
We were lost souls after Olympic fish-bowl: swim aces

Yahoo

time38 minutes ago

  • Yahoo

We were lost souls after Olympic fish-bowl: swim aces

Kaylee McKeown was in a dark place. And Mollie O'Callaghan suddenly realised she had no friends outside of her sport. They were two lost souls after swimming in the fish-bowl of the Paris Olympics. "Coming off the Olympics, I was in a really dark place mentally," McKeown said. "When you go from such a high, straight back to such a low, and you're left scrambling for ideas on what you're going to do next, it is hard to find your feet once again." In Paris, McKeown became the first Australian to win four individual Olympic gold medals. And the first swimmer to successfully defend Olympic 100m and 200m backstroke titles was given the honour of being Australia's joint flag-bearer at the closing ceremony. McKeown, who also won a silver and two bronze in the French capital, was an Olympic legend. All within three weeks of turning 23-years-old. "I don't think people really know ... how much pressure we put on ourselves," McKeown said in Adelaide at Australia's selection trials for the world championships starting late July. "You're just so fixated on wanting to swim for yourself, for your country and for your team. "You have all that amount of pressure to just do it ... and it (winning or not) really just comes down to nail bites." McKeown arrived in Paris with her 100m backstroke world record just broken by American rival Regan Smith. O'Callaghan arrived in Paris with her 200m freestyle world record just broken by fellow Australian Ariarne Titmus. "I'm the exact same as Kaylee," O'Callaghan said. "There's immense pressure to perform at the Olympic Games, it's the pinnacle of our sport. "A lot of it is ourselves that put the pressure on because we know the work that goes behind it. "Not a lot of people get to see the training sessions, the time, the dedication put in, because we don't really have a life outside of swimming - it's just all swimming." O'Callaghan won three gold medals, plus a silver and bronze, to be Australia's most successful athlete at the Paris Games. All within four months of turning 20-years-old. But after the Olympic high, came the low. "I noticed I don't have friends outside of swimming because I have dedicated such a strong amount of time from school to now," O'Callaghan said. McKeown and O'Callaghan soon realised they needed extended breaks from the pool. "It was just letting my hair down, having some fun and realising the hard work that I actually have put in over the years to get what I have," McKeown said. O'Callaghan discovered there was a life out of the water. "That was something after the Olympics I got to learn, was actually having that freedom for five months to be able to go places, do things, without the consequence of swimming or having swimming in the back of my mind," she said. "And it's just a nice refresher to know that there's opportunities and there's other connections outside (swimming) because a lot of the time our bubble is just swimming." Lifeline 13 11 14 beyondblue 1300 22 4636

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store