Djokovic facing delay of four years in getting payments owed from Beijing Olympics by Serbian government

ATP
Tuesday, 15 August 2023 at 20:30
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The Serbian government owes payments to Novak Djokovic for the bronze medal he earned in the Beijing Olympic Games.
A recent development has extended the waiting period for Novak Djokovic's imminent owed payments from the Serbian government. The delay was triggered by the belated submission of pertinent documentation, pushing Djokovic's expected timeline by another four years.
The news comes from SportKlub, a prominent Balkan tabloid, which reports that Djokovic is owed a sports pension for his achievement of securing a bronze medal at the 2008 Beijing Olympics. The stipulations at that time dictated that remittances would take place once the athlete reached the age of 35.
The Serbian Tennis Federation, responsible for overseeing the nation's tennis protocols, failed to submit the necessary documents in a timely manner. As a result, Djokovic's Olympic bronze medal failed to find a place among the nation's portfolio of award winners. The application window had indeed closed a month prior to the enforcement of the new regulations.
Celebrating his 36th birthday at the close of May this year, Djokovic faces a kicker in these regulations. They underwent an amendment in April 2009 when the government raised the retirement age from 35 to 40.
Consequently, the late application ceased to be viable after the new rules came into effect, as Djokovic would have commenced receiving these payments in May 2022, when he turned 35.
Given that ‘Nole’ has now reached 36 years, he has missed out on 14 months of sports pension payments and is expected to forfeit an additional 36 months before reaching retirement.
However, Djokovic is unlikely to lose sleep over this. The 36-year-old player stands as the highest prize money earner in tennis history, amassing over $170 million. Beyond that, Djokovic secured more than $30 million through a range of sponsorships and endorsement deals in 2022, ranking 23rd on Forbes' list of the world's highest-paid athletes last year.

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