Figure Skating
Like other Olympic sports, figure skating used to have very strict amateur status rules. Over the years, these rules were relaxed to allow competitive skaters to receive token payments for performances in exhibitions (amid persistent rumors that they were receiving more money "under the table"), then to accept money for professional activities such as endorsements provided that the payments were made to trust funds rather than to the skaters themselves.
In 1992, trust funds were abolished, and the International Skating Union voted both to remove most restrictions on amateurism, and to allow skaters who had previously lost their amateur status to apply for reinstatement of their eligibility. A number of skaters, including Brian Boitano, Katarina Witt, Jayne Torvill and Christopher Dean, and Ekaterina Gordeeva and Sergei Grinkov, took advantage of the reinstatement rule to compete at the 1994 Winter Olympics. However, when all of these skaters promptly returned to the pro circuit again, the ISU decided the reinstatement policy was a failure and it was discontinued in 1995.
Prize money at ISU competitions was introduced in 1995, paid by the sale of the television rights to those events. In addition to prize money, Olympic-eligible skaters may also earn money through appearance fees at shows and competitions, endorsements, movie and television contracts, coaching, and other "professional" activities, provided that their activities are approved by their national federations. The only activity that is strictly forbidden by the ISU is participating in unsanctioned "pro" competitions, which the ISU uses to maintain their monopoly status as the governing body in the sport.
Many people in the skating world still use "turning pro" as jargon to mean retiring from competitive skating, even though most top competitive skaters are already full-time professionals, and many skaters who retire from competition to concentrate on show skating or coaching do not actually lose their competition eligibility in the process.
Read more about this topic: Amateur Golf
Famous quotes containing the words figure and/or skating:
“Evening attend two “fandangos.” Girls not very pretty but exceedingly graceful. [You] pay a dime for a figure and refreshments for your doxy, who instead of eating prudently stores her cakes, etc., in a basket to be taken home for the family.”
—Rutherford Birchard Hayes (1822–1893)
“Good writing is a kind of skating which carries off the performer where he would not go, and is only right admirable when to all its beauty and speed a subserviency to the will, like that of walking, is added.”
—Ralph Waldo Emerson (1803–1882)