IBA presents its far-reaching 4-year competition calendar and $80 million dollar athlete prize fund
May 4th, 2024 / IBA
The International Boxing Association (IBA) is investing over $80 million into prize money over the next four-year cycle until 2028 and announced its fully-packed global event calendar.
The IBA Board of Directors approved the comprehensive event roadmap at its meeting that took place in Madrid on 4 May 2024. The flagship IBA events, the IBA Men’s World Boxing Championships and Women’s Boxing Championships will take place every other two years. The prize money fund for Men’s events is set at an astounding $10.4 million per event, and the women’s coming in at an impressive $4.8 million.
The upcoming IBA Women’s World Boxing Championships is set to take place in Astana, Kazakhstan from 21 September – 6 October 2024. With the next Men’s World Championships scheduled for April 2025.
The IBA Youth World Boxing Championships will be an annual event with a $1 million prize fund; with the Junior World Championships also scheduled to take place yearly.
IBA’s flagship pro-style event, IBA Champions’ Night packed 2024 schedule will not disappoint with regular events touching all corners of the world with a yearly prize fund of $7 million.
Elite continental events for men and women are to take place yearly on each continent with up to a $1 million prize fund allocated per event. Youth and Junior events are scheduled for the continents for every year ongoing. In addition, the IBA launches the new IBA Team World Cup taking place biannually with an inaugural edition planned for December 2024 in Dubai, UAE.
‘We are ready to continue the investment in our athletes, and we are demonstrating that with our actions,’ IBA President Umar Kremlev stated. ‘With the impressive budget we secured for the upcoming four years, we commit to delivering the best for the sport of boxing, which is unprecedented. I am looking forward to exploring new formats of events and developing the current ones.’
Chris Roberts OBE, IBA Secretary General and CEO, added, ‘This is crucial for our organization to serve as the true Home of Boxing, primarily supporting our boxers and coaches. With a clear, tailored roadmap and calendar, we are poised to advance as an organization, ensuring our athletes can meticulously plan their careers.’
