ASBC Asian Boxing Championships medalists will receive prize money from AIBA for the first time in the history of the event. The prize fund is 400’000 USD, it will be distributed among gold, silver and bronze medal winners in each weight category.
For the boxers who take first place, both men and women, the award is 10’000 USD. For the second, the prize money is 5’000 USD and for both bronze medalists, it is 2’500 USD each.
‘We are following the initially planned strategy. Boxers should receive a reward for their hard work. Not only will money motivate athletes, but also ensure the financial stability of them and their families. All we do is for the sake of our boxers, they are our most important persons.
I wish all the participants of the Asian Championships to show their best in the ring and stay healthy,’ AIBA President Mr. Umar Kremlev said.
The upcoming ASBC Asian Men’s & Women’s Elite Boxing Championships in Dubai, United Arab Emirates will be the highlight of this month. The first competition day is May 24, the finals are scheduled on May 31st.