Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Diamond League gets championship-style makeover

Published 12/07/2016, 11:53 AM
Updated 12/07/2016, 12:00 PM
© Reuters. Athletics - IAAF Athletics Diamond League meeting

(Reuters) - The Diamond League will have two end-of-season finals with a prize pool of $3.2 million following changes to the structure of the competition announced by the International Association of Athletics' Federations (IAAF) on Wednesday.

Under the new format, athletes will earn points in the first 12 league meetings of the season to qualify for the finals in Zurich or Brussels, where $100,000 will be up for grabs in each of the 32 disciplines, including $50,000 for each winner.

Athletes who finish second in their respective disciplines will earn $20,000 each, with $10,000 awarded for third place, effectively turning the season into a championship-style race to reach the finals, which will each feature 16 events.

Previously, the winners in each of the disciplines were decided by how many points they accumulated during the season, irrespective of whether they won the final event.

"After seven seasons which have established the IAAF Diamond League as our premier circuit it is important to assess its impact and build for the future," IAAF president and the league's chairman Sebastian Coe said in a statement.

"These decisions are the first step to growing the attractiveness of the series."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.