15 Dec 2016

Funding cuts for Rio underperformers

12:25 pm on 15 December 2016

Disappointing Rio Olympic campaigns have led to significant funding cuts for the All Black Sevens, cycling, football, triathlon and swimming.

High Performance Sport New Zealand announced its funding for next year, and has handed out $35 million in government grants.

After finishing a disappointing fifth at the Olympics the All Blacks Sevens funding was cut by $300,000 to $900,000.

Akira Ioane reacts after defeat in the men’s sevens quarter-final match between Fiji and New Zealand during the Olympic Games.

Akira Ioane reacts after defeat in the men’s sevens quarter-final match between Fiji and New Zealand during the Olympic Games. Photo: AFP

Cycling - one of HPSNZ's leading targeted sports - returned just one medal in Rio and its funding was cut by half a million dollars to $4.2m.

Cycling Velodrome

New Zealand won just one medal at the velodrome in Rio - the men's team sprint. Photo: PHOTOSPORT

Triathlon's funding was also cut by half a million dollars from $1.25m to $750,000 for 2017.

Swimming lost $400,000, dropping to $900,000, while funding for the national women's football team was cut by $300,000 after they failed to get out of the group stages at the World Cup and the Olympics.

Athletics, sailing and canoe racing were the big funding winners.

Pole vaulter Eliza McCartney celebrates after winning bronze at the Rio 2016 Olympics.

Athletics gets a funding boost after results like Eliza McCartney's bronze medal in the pole vault. Photo: Photosport

Athletics, where New Zealand won four medals in Rio, received a $375,000 funding increase to $2.6m.

Yachting, which also won four medals in Rio, gets a $250,000 increase to $3.7m and canoe racing is up $325,000 to $1.6m.

There's also a boost for Paralympics from $2.25m to $2.6m.