Prize money will be awarded in each category as follows:
Medal | Prize Money |
Gold | USD 100,000 |
Silver | USD 50,000 |
Bronze | USD 25,000 |
Bronze | USD 25,000 |
In order to be entitled to receive the Prize Money, the Boxer must win at least one bout at the Competition and reach place from 1st to 3rd (gold to bronze medal), otherwise, IBA is not obliged to pay the Prize Money to the Boxer. Despite this, if the Boxer is ready to box, and steps to the ring but the opponent did not show up (for whichever reason), then the Boxer wins by Walkover and shall still be entitled to the Prize Money subject to the reached place.