PUTRAJAYA: After a 24-year wait, incentives for team event medallists at the Asian Games, Asian Para Games and Commonwealth Games level have finally been increased under the National Sports Incentive Scheme (Shakam).

Under the revised scheme agreed on by the National Sports Council management board on Tuesday, team event gold medallists will now receive RM40,000 each, up from RM15,000 previously.

Silver medallists will now pocket RM20,000 each, up from RM8,000, while bronze medallists get RM10,000, increased from RM4,000.

This applies to all team event medallists, regardless of the number of athletes in the team. The last time Shakam team event incentives were increased was in 2002 while it was last revised for individual medallists in 2010.