The award fund for tournaments under the auspices of the International Boxing Association (IBA) until 2028 will amount to $80 million, it is reported. website IBA.
The IBA board of directors approved an action plan for the next four years at a meeting in Madrid.
The prize fund for the Men’s World Championship will be $10.4 million, the Women’s World Championship will be $4.8 million and the IBA Champions Night will be $7 million. .
“We are ready to continue investing in our athletes, we demonstrate this through our actions. The impressive budget that we have obtained for the next four years requires us to do everything we can to develop boxing. I look forward to new event formats and the development of existing ones,” said the IBA President. Umar Kremlev .
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Source : MatchTV
I am Ashley Ortiz and I am a professional journalist working for Athletistic. My specialty is in sports journalism, particularly boxing. I have written articles for some of the most renowned publications on the subject, and my work has been featured across both print and digital media platforms.