The Russian Olympic Committee has announced it will pay financial compensation to 116 Russian athletes who were prevented from competing at this year's Milano Cortina Winter Olympics.

ROC chairman and Russian Sports Minister Mikhail Degtyarev revealed the decision during a Tuesday meeting with the 13 Russian competitors who did participate at the Games as neutrals.

Degtyarev said: "We decided at the executive committee meeting to award monetary bonuses to all Olympic athletes who were unable to travel to the Games due to treacherous political decisions."

Following Russia's invasion of Ukraine in February 2022, the International Olympic Committee barred athletes holding Russian or Belarusian passports from competing under their national colours at major international sporting events.

However, the IOC established a route for individual competitors to participate as neutrals.

They were required to use a neutral kit and compete without national flags or anthems.

To qualify for the Italian Games, athletes were required to pass a rigorous vetting process demonstrating they had never actively supported the conflict in Ukraine and maintained no connections to the military.