Extreme Sports participants usually compete for bronze, silver, and gold medals. There are also monetary prizes to be won by worldwide participants. The tournaments are divided into two categories: winter and summer competitions.
The inaugural summer tournament took place in 1995 in Rhode Island at Newport and Providence. Two years later, in California at Big Bear Lake, a winter tournament was added to X Games. Currently, winter events are held in Aspen, Colorado, while the games in summer are hosted in Los Angeles, California.
The Extreme Sports games codify behaviors that are usually unregulated. ESPN can arrange and govern potentially chaotic sports by adding measured performance standards to recreational pastimes like in-line skating, rock climbing, and snowboarding. Society generally derided extreme sports since they are physically harmful, but, just like the best esports championships, they are becoming popular among teenagers.
Although the X Games events are unconventional, the awards are comparable to those offered in the biggest sports events such as the Olympics. A gold medal is awarded to the champion, while the second and third runners-up receive silver and bronze, respectively. There's also a monetary prize to be won. The prize money in previous X Games was not particularly impressive. The top reward in an event is $50,000, although the prize money decreases the lower a contestant finishes. In addition, most athletes earn $50,000 to $200,000 a year in sponsorships and prize money.