The IBA President's Cup handbook lists $100,000 per champion, of which the boxer gets $50,000, across 12 men's divisions rather than 14; finals are December 4 in Istanbul.
What we know
- The handbook lists a $100,000 award per division champion; the winning boxer's share is $50,000, with 25% to the coach and 25% to the federation.
- The handbook specifies 12 men's divisions, not the 14 advertised in September.
- Runners-up earn $50,000, bronze medalists $25,000 each, and boxers out before the semifinals $1,000 per preliminary win.
- IBA's Oct. 24 update continued to describe a $3 million overall prize fund and did not explain the differences from the launch figures.
The inaugural IBA President's Cup in Istanbul now has a rulebook, and it changes the numbers fans saw at launch. The team handbook lists a $100,000 award for each division champion, but the boxer keeps only half of it, and fewer weight classes are on offer than first advertised.
Every placement award follows the same split: 50% to the athlete, 25% to the coach and 25% to the national federation. For individual entrants, IBA keeps the federation share, and it does the same when a federation has received approved extra financial assistance toward participation. A champion's personal take is $50,000 before bank charges and taxes. Runners-up earn $50,000 in total and each of the two bronze medalists $25,000.
The September 14 launch release was different: $80,000 for first, $40,000 for second, $22,000 for third and $5,000 for fifth, with a quarterfinal-based threshold. IBA's October 24 registration update still described a $3 million overall prize fund and did not explain the changes. The handbook also cuts the men's field to 12 divisions, from 14.
Boxers eliminated before the semifinals get $1,000 per preliminary win, and the two payment systems cannot be combined: reaching the semifinals replaces those bonuses with the placement award. A fighter who loses without a preliminary win earns nothing. The single-elimination event mixes eligible amateur and professional boxers, with no seeding in the inaugural draw.
The deadlines are close. Individual requests close October 30 and federations have until November 2, with IBA promising final individual decisions by November 3. Individual applicants need a verified record of 20-plus bouts, amateur, professional or both. Competition starts November 27 and the finals are December 4. The finals' start time is still to be announced, so watch for that and for any explanation of the revised prize and division figures.
Every placement award follows the same split: 50% to the athlete, 25% to the coach and 25% to the national federation. For individual entrants, IBA keeps the federation share, and it does the same when a federation has received approved extra financial assistance toward participation. A champion's personal take is $50,000 before bank charges and taxes. Runners-up earn $50,000 in total and each of the two bronze medalists $25,000.
The September 14 launch release was different: $80,000 for first, $40,000 for second, $22,000 for third and $5,000 for fifth, with a quarterfinal-based threshold. IBA's October 24 registration update still described a $3 million overall prize fund and did not explain the changes. The handbook also cuts the men's field to 12 divisions, from 14.
Boxers eliminated before the semifinals get $1,000 per preliminary win, and the two payment systems cannot be combined: reaching the semifinals replaces those bonuses with the placement award. A fighter who loses without a preliminary win earns nothing. The single-elimination event mixes eligible amateur and professional boxers, with no seeding in the inaugural draw.
The deadlines are close. Individual requests close October 30 and federations have until November 2, with IBA promising final individual decisions by November 3. Individual applicants need a verified record of 20-plus bouts, amateur, professional or both. Competition starts November 27 and the finals are December 4. The finals' start time is still to be announced, so watch for that and for any explanation of the revised prize and division figures.
- Summary
- The IBA President's Cup handbook lists $100,000 per champion, of which the boxer gets $50,000, across 12 men's divisions rather than 14; finals are December 4 in Istanbul.
- Key points (one per line)
- Each division champion's award is $100,000; the boxer's share is $50,000 before bank charges and taxes.
The handbook specifies 12 men's divisions, down from the 14 advertised in September.
Runners-up earn $50,000 and each bronze medalist $25,000; the $3 million overall fund is unchanged.
Individual entries close October 30; federations have until November 2.
- Also reported by (Name | URL per line)
- MiddleEasy | https://middleeasy.com/boxing/iba-presidents-cup-handbook-prize-split-twelve-divisions-istanbul/
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