World Athletics Championship: Nigerian Athletes To Earn N53.84 Million For Gold In Budapest

World Athletics body has announced the prize money for the upcoming World Athletic Championships in Budapest on Saturday.

World Athletics and the main sponsor TDK will award the winners of the individual competitions with US$ 70,000 for a gold medal while silver and bronze will earn US$ 35,000 and US$ 22,000 respectively. For new world records an extra prize of US$ 100,000 will be paid. The total prize pool of the World Championships is US$ 8,498,000.

The Athletics Federation of Nigeria had listed 25 athletes that will represent the country in Budapest, Hungary. Nigeria Athletes are expected to earn huge amounts whether they finish on the podium or not, as there will be prizes for positions up to 8th place in every event.

The same prizes were awarded last year in Eugene World Championships.

World Athletics Championships Prize Money

Individual events

Gold: US$ 70,000

Silver: US$ 35,000

Bronze: US$ 22,000

Fourth place: US$ 16,000

Fifth place: US$ 11,000

Sixth place: US$ 7000

Seventh place: US$ 6000

Eighth place: US$ 5000

Relays (per team)

Gold: US$ 80,000

Silver: US$ 40,000

Bronze: US$ 20,000

Fourth place: US$ 16,000

Fifth place: USD $ 12,000

Sixth place: US$ 8000

Seventh place: US$ 6000

Eighth place: US$ 4000

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