Prize Money at 2017 FINA World Championships Remains Unchanged*

*The prize money remains basically unchanged – with $1,000 more being given to high diving, although

Prize money at the 2017 FINA World Aquatics Championships is almost exactly the same as it was at the 2015 championships. The only difference is that prize money for the women’s high diving event has been increased by $1,000, awarding prizes to the 13th and 14th finishers in the field – bringing it in line with the men’s event.

FINA expanded prize money rapidly at the World Championships in the last quadrennial. From 2013 to 2015, the available prize money (not including swimming World Records) grew by 76%. This increase was in line with a rapid expansion of FINA income. For the period from 2013-2016, an audited report states that FINA’s income was 181,327,361 Swiss Francs ($188 million USD). During the previous four-year period, 2009-2012, their income was just 122 million Swiss ranks ($126 million USD). Total expenditures also grew in that period, but not by as much as income – with FINA earning “excess income” (similar to profits, but for a non-profit organization) of 40 million Swiss Francs ($41.5 million USD), as compared to 16 million Swiss Francs ($16.6 million USD) during the prior period.

In short, in spite of exploding FINA income and profits, they opted not to expand the prize money at the 2017 championships.

FINA’s reporting says that it spends the biggest portion of its “Events Expenditure” bucket on athlete prize money, at 24%. The “Events Expenditure” made up roughly two-thirds of FINA’s overall expenditures from 2013-2016, which means that the amount of total FINA expenditures (16%) spent on prize money trails only the amount spent on Administration expenses (17%).

Below is the splitout of prize money available at the 2017 World Aquatics Championships.

No. of Events Prize $ Per Total Prize $
Swimming 42 $60,000 $2,520,000
Open Water Swimming 7 $60,000 $420,000
Diving 13 $60,000 $780,000
Men’s High Diving 1 $63,900 $63,900
Women’s High Diving 1 $63,900 $63,900
Solo/Duet Synchro 6 $60,000 $360,000
Team Synchro 3 $17,500 $532,500
Water Polo 2 $360,000 $720,000
Total $5,460,300
$30,000
SWIMMING OW SWIMMING DIVING MEN’S HIGH DIVING WOMEN’S HIGH DIVING SYNCHRO (SOLO & DUET) SYNCHRO (TEAM & FREE) WATER POLO
1st $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $50,000 $80,000
2nd $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $40,000 $70,000
3rd $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 $30,000 $60,000
4th $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $20,000 $50,000
5th $4,000 $4,000 $4,000 $4,000 $4,000 $4,000 $15,000 $40,000
6th $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $10,000 $30,000
7th $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $7,500 $20,000
8th $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 $10,000
9th $900 $900
10th $800 $800
11th $700 $700
12th $500 $500
13th $500  $500
14th $500  $500

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23 Comments on "Prize Money at 2017 FINA World Championships Remains Unchanged*"

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Ryan Murphy is gonna make a cool 40g

IMs for days

They have 180 million dollars yet only offer 5.5 million to the swimmers? I know FINA does other things, but come on, do they even try to hide their corruption? Seriously, how much of that 188 million do you thing is in a private swiss bank accounts owned by old men? Probably alot.

ERVINFORTHEWIN

the truth is never hidden for too long ….

If I am not mistaken, they also get 15 million ($) from IOC per year, so their yearly average income is around 60 whilst they spend 12-15 on swimming meets, everything included. 75% is to keep alive the problem itself.

Picturing FINA accountants cheering NCAA athletes in Budapest .

I believe NCAA athletes can accept WC prize money. If I remember right, Schooling made a killing off Kazan.

That was from the Singaporean federation not from FINA

lilaswimmer

so no money for NCAA athletes?? thats lame. and what about USA swimming?

ncaa athletes are allowed to take this prize money, known as ‘gold medal money’ and usa swimming matches it or even gives them more…..so your stereotyping of fina and usa swimming in this case is wrong

And for some reason he’s still an “amateur”

yes, ncaa athletes can take “Gold Medal money” or in this case 1st thru 8th. So no matter who wins, the money is theirs.

wpDiscuz

About Braden Keith

Braden Keith

Braden Keith is the Editor-in-Chief and a co-founder of SwimSwam.com. He first got his feet wet by building The Swimmers' Circle beginning in January 2010, and now comes to SwimSwam to use that experience and help build a new leader in the sport of swimming. Aside from his life on the InterWet, …

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