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Tim Broe, 24, of East Peoria, Illinois will be racing the steeplechase at the adidas Oregon Track Classic on Saturday in Portland, Oregon. Should he break Henry Marsh's American Record of 8:09.17 he will win a bonus of $50,000. Broe's current PR of 8:14 was set last June in Rome, Italy. Earlier this year, he beat Steve Scott's American Indoor 3,000-meter record that had stood since 1983 with his 7:39.23 at the adidas Boston Indoor Games. Broe lives with his fiancee Vanessa Bell in Ann Arbor, Michigan. Chris Lear caught up with Broe before as he finished his preparations for this weekend's attempt at Marsh's 17-year-old record.
That was from a 2002 article. Broe is/was sponsored by adidas. Was this bonus money supposed to specifically be from adidas?
Tim Broe, 24, of East Peoria, Illinois will be racing the steeplechase at the adidas Oregon Track Classic on Saturday in Portland, Oregon. Should he break Henry Marsh's American Record of 8:09.17 he will win a bonus of $50,000. Broe's current PR of 8:14 was set last June in Rome, Italy. Earlier this year, he beat Steve Scott's American Indoor 3,000-meter record that had stood since 1983 with his 7:39.23 at the adidas Boston Indoor Games. Broe lives with his fiancee Vanessa Bell in Ann Arbor, Michigan. Chris Lear caught up with Broe before as he finished his preparations for this weekend's attempt at Marsh's 17-year-old record.
That was from a 2002 article. Broe is/was sponsored by adidas. Was this bonus money supposed to specifically be from adidas?
I remember that money being offered by ADIDAS because they hosted the meet and sponsored Broe (the guy at the time with the best chance of breaking the record)
A good number of record bonuses are paid by insurance companies.
Meet director wants to hype an event: "$100,000 bonus to be paid for breaking the xyz record!" The meet then buys a policy against the record, and pays a premium to the insurance company.
A good number of record bonuses are paid by insurance companies.
Meet director wants to hype an event: "$100,000 bonus to be paid for breaking the xyz record!" The meet then buys a policy against the record, and pays a premium to the insurance company.
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