The IBA Men’s World Boxing Championships 2023 will be held in Tashkent, Uzbekistan, from 30 April to 14 May 2023. Boxers from all five continents will play in the tournament.
The players will fight for medals in 13 different types, which the International Amateur Boxing Association approves. IBA World Boxing Championships prize money 2023 has been revealed.
IBA World Boxing Championships Prize Money 2023
According to the reports, the $5.2 million total purse will be distributed in the IBA Men’s World Boxing Championships 2023. The prize money has been increased from $2.6 million to $5.2 million this year.
Last season, 510 boxers from 84 nations competed; this year, the number of fighters also increased. There are 13 different divisions in the IBA Boxing Championships, so each division will have three different medalists.
Position | Medal | Prize Share |
1st | Gold | $200k |
2nd | Silver | $100k |
3rd | Bronze | $50k |
Total Payout | $5.2m |
Gold Medalist: The boxer who wins the Gold medal in the tournament will be awarded a $200k prize share. There will a total of 13 gold medalists are present at the event. All gold medalists’ total prize share is equal to $2.6 million.
Silver Medalist: The fighter who wins the silver medal in the competition will receive a $100k prize share. There are 13 silver medalists in the contest, so their total purse will be $1.3 million.
Bronze Medalist: The IBA Men’s Championships bronze medal winner will get a $50k prize share from the total purse. The total payout for the 13 bronze medalists will be $650k.
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National Funds for Boxers
Country | Gold Medalist | Silver Medalist | Bronze Medalist |
Cuba | $10k | $5k | $1.5k |
France | $50k | $25k | $10k |
Japan | $25k | $10k | $5k |
Ukraine | $30k | $15k | $10k |
USA | $100k | $75k | $50k |