New funding for our Olympic sports is released: Who were the big winners - and losers?

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Swimming and cycling have taken massive blows while sailing, women's rugby sevens, canoe racing and athletics have been recognised for impressive results at the Rio Olympic Games this year with High Performance Sport New Zealand releasing it's allocated funding this morning.

Athletics

The pole vault star was in hot demand as New Zealand’s medal winners got together for a catch-up ahead of the closing ceremony.
Source: 1 NEWS

Impressive results including bronze medals to Tom Walsh and Eliza McCartney has seen Athletics NZ funding increased from $2.225 million last year to $2.75 million in 2018. 

Nick Willis' bronze and Valerie Adams' silver meant athletics' medal haul was tied for first equal amongst Kiwi sports in Rio, with four.

The programme has also been promoted to Tier 1 status by High Performance NZ after previously being recognised as a Tier 2 programme.

Athletics NZ chief executive Linda Hamersley says the result is satisfying.

"We were confident we achieved the results for our programme to receive the increased funding that is required to sustain our performances from Rio and grow towards an outstanding result in Tokyo," Ms Hamersley said.

Sailing

Gold medal-winning sailor and opening ceremony flag bearer Blair Tuke says he can't wait to share his win with the country.
Source: 1 NEWS

Sailing continues to go from strength to strength and has extra funding to back it as the Tier 1 programme received a $325,000 boost to its funding to sit at $3.8 million in 2018.

With one gold, two silvers and a bronze medal at the Rio Olympics, sailing tied with athletics for most medals in one sport by Kiwi athletes.

Rugby Sevens

The star of the NZ women's sevens team says she was honoured by the gesture after returning to NZ with a silver medal.
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The women's silver medal finish has seen their funding receive a significant boost while the Mens All Blacks Sevens' lacklustre result has meant a cut  - with the women set to get more funding than the men by 2018.

NZR general manager Neil Sorensen said the funding would strengthen their aims of two gold medals in Tokyo.

"We are grateful for the confidence shown by High Performance Sport New Zealand in the Black Ferns Sevens. Their silver in Rio has built the profile of the women's game and contributed to growth in women's rugby generally," Mr Sorensen said.

"We accept the decision to reduce funding for the All Blacks Sevens. The team is rebuilding, with a new coach appointed to start next year and new players coming through.

"We are in the early stages of building towards Tokyo and are looking forward to delivering better results on the field."

The women's team will receive an additional $100,000 in 2017 and an additional $200,000 in each of 2018, 2019 and 2020 taking their support to $1.2 million per year.

The All Blacks Sevens funding has been reduced from $1.2 million per year to $900,000 in each of 2017 and 2018.

Canoe Racing

The two-time gold medal winner spoke about the struggle of bringing her chosen event into the mainstream.
Source: 1 NEWS

Another big winner in this year's funding round is Canoe racing, which has been promoted from a Tier 3 to Tier 2 sport with a funding boost of $475,000 to see their 2018 budget sit at $1.75 million.

"This is a massive boost for the sport that supports all the work put in by the athletes, staff and volunteers over the last year," Canoe Racing NZ chief executive Mark Weatherall said.

"It's put us in a very strong position heading into next year and I'm extremely proud of the faith we've been shown."

Lisa Carrington continued to shine on the water with a historic gold and bronze medal haul in the K1 200m and K1 500m respectively, while the K4 women's team also finished an impressive fifth. 

Cycling

The Olympic trio have been cycling together for seven years, and say they're already gunning for Tokyo 2020.
Source: 1 NEWS

But as it is in sport, with winners comes losers and after poor showings in Rio, cycling has taken cuts to their budget from the funding body.

Cycling, the second highest funded programme last year on $4.7 million will receive $500,000 less until 2018 after Eddie Dawkins, Ethan Mitchell and Sam Webster were the only team to medal with a silver finish in the men's team sprint.

Cycling NZ CEO Andrew Matheson says the New Zealand cycling team shone in the past four years at the world championships with 14 medals including four world champions but failed to produce when it counted.

"We understand the realities of operation in the high performance sport space, and that there can be consequences for not achieving the agreed targets with High Performance Sport New Zealand," Mr Matheson said.

"We have had a thorough and very honest debrief process and believe we have captured the areas where we have done well plus critically identified some shortcomings in our Rio campaign."

Swimming

After recent reports from WADA about Russia’s doping scandal, the Kiwi admits she has suspicions about others.
Source: 1 NEWS

Swimming also sufferred from poor results, with a $400,000 reducing its funding to $900,000.

Not one swimmer  qualified for a final in Rio with Lauren Boyle's 9th fastest time in the 800m freestyle the best finish the swimming team came away with.

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