CORSIER-SUR-VEVEY, Switzerland (January 18) — With an aim to reward wrestlers participating in Ranking Series tournaments, the United World Wrestling will award prize money to the medal winners in all weight classes with a total prize money of 390,000 Swiss Francs.
The UWW Bureau approved the prize money after a proposal was put forward for the same. The Ranking Series tournament participation has been growing every year and the prize money will be a catalyst to grow it further.
The gold medal winners at the four Ranking Series tournaments in 2023 will receive 1500 Swiss Francs with the silver medallists getting 750 Swiss Francs. The two bronze medallists will receive 500 Swiss Francs each.
This prize money will be awarded at the Zagreb Open, the first Ranking Series tournament of the year which begins February 1.
The Bureau also approved a total prize money of 150000 Swiss Francs for the Best Wrestler of the Year. The award is given to 30 wrestlers, 10 each is three styles, at the end of the year.
This award is based on the ranking points collected at the Senior World Championships, the continental championships and the four Ranking Series events.