The International Swimming League (ISL) has revised the financial structure for its fourth season in 2022 while significantly increasing the total amount of money that’s up for grabs for the athletes.
The ISL announced Monday that its Total Money Pool (TMP) has increased by $3.2 million (USD), coming in at a final tally of $13M after the TMP in Season 3 was $9.8M.
The structural changes are based on the implementation of salaries for the league’s ‘pro’ swimmers, which you can read more about here.
Financial Structure Changes
- Swimmers opting to compete as a ‘pro’ for the season will earn a salary, rather than solidarity payments handed out in Seasons 2 and 3. Salaries range from $10K to $60K for the season.
- ‘Pro’ swimmers can supplement their salaries through the introduction of loyalty bonuses for returning swimmers with continuity with their former teams, bonuses for top rookies who are drafted, aggregated ratings bonuses and ‘jewel’ bonuses (e.g. for swimmers who are undefeated and have ‘diamond’ status in their events).
- The total prize money pool is $5,930,800 divided between money won through the prize money point system, MVP awards and club ranking bonuses.
The salaries come in place of the solidarity payments, with the main difference being that the salaries vary from $10-60K while the solidarity payments were the same for each swimmer.
The solidarity payments were $15,000 in Season 2 and $7,500 in Season 3.
The total prize money pool will decrease this season, coming in at $5.9 million after having been $6.9 million in Season 3.
Energy Standard’s Sarah Sjostrom was the leading money winner last season, earning $269,125. Nearly half of that total came from the bonuses she claimed by winning Season MVP ($100,000) and Finals MVP ($120,000).
Season 2’s leading money-getter, Caeleb Dressel, won $291,788, while Sjostrom led the way financially in the ISL’s inaugural season with $174,624.