Revealed: The millions Faith Kipyegon will earn for smashing world record in Florence

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ATHLETICS Revealed: The millions Faith Kipyegon will earn for smashing world record in Florence

Joel Omotto 13:22 - 03.06.2023

The two-time world and Olympic champion did not just cement her status as the greatest ever in 1,500m but will also return home with a big pay cheque

Two-time world and Olympic champion Faith Kipyegon is basking in the glory of her world record feat at the Florence Diamond League where she obliterated Genzebe Dibaba’s eight-year-old record on Friday.

Kipyegon delivered a thrilling finale at the third leg of the Diamond League meeting to cross the line in 3:49.11 and smash the world record of 3:50.07 set by Ethiopian Dibaba in Monaco back in 2015.

Such was her dominance that world silver medalist Laura Muir finished almost eight seconds behind (3:57.09), while third-placed Jessica Hull (3:57.29) set an Australian and Oceania record.

The world record did not just cement her status as the Greatest Of All Time in the women’s 1,500m but also earned her a handsome pay cheque that will be rewarded to her once her record is ratified.

Diamond League races have a prize pool of $25,000 (Ksh3.4 million) of which $10,000 (Ksh1.3 million) goes to the winner, $6,000 (Ksh832,800) to second place while third place earns $3,500 (Ksh485,800). The cash rewards go up to the eighth place, which fetches $500 (Ksh69,400).

Then there is a bigger reward of $50,000 (Ksh6.9 million) the minimum bonus awarded for breaking a World Record. It means for her feat, Kipyegon is guaranteed at least $60,000 (Ksh8.3 million) from the race organisers for her blistering performance that was completed in just under four minutes.

There is likely to be more cash rewards for the mother of one from her sponsors and if she maintains the hot streak, she will pocket more from subsequent races before completing the season with the Diamond League trophy during the Final that also earns a $30,000 (Ksh4.1 million) for its winners.

Besides this, Kipyegon is likely to be among the most consistent performers who will share a $200,000 (Ksh27.7 million) prize at the end of the season since she also won the season-opening Rabat Diamond League.

“The $200,000 prize money pot is distributed to the ‘Most Consistent Athletes’ (those who deliver consistent high-level performances throughout the season),” reads part of the World Athletics’ Diamond League regulations.

“There will be 10 athletes in total that receive an award from this prize money pot, one male and one female respectively, in the following disciplines: sprints, hurdles, distance, jumps and throws.”

Kipyegon will now turn her attention to the 5,000m in Paris next week before returning to Kenya to top up her training for another tilt at the record at the Monaco Diamond League meeting in July.