World athletics body replaces Golden League with DiamondMarch 2nd, 2009 - 8:49 pm ICT by IANS
Monte Carlo, March 2 (DPA) World athletics body International Association of Athletics Federation (IAAF) said Monday that the Golden League would be scrapped and replaced by a new circuit called Diamond League starting in 2010.
In a statement, IAAF said the new series would also be held outside Europe thereby meeting one of their strategic goals, which is to enhance the worldwide appeal of athletics.
“At present, 12 meetings have signed contracts to join the Diamond League, with 3 others on standby, which means that there will be competitions in Asia, Europe, the Middle East and the USA. The final composition of the league will be confirmed at the end of the 2009 season.”
The IAAF said that athletes in 32 different events will have an opportunity to participate with the events being distributed among the different athletics.
“All 32 disciplines will have the same prize money with each meeting giving out $416,000. The biggest stars of the sport will be engaged with centralized contracts to ensure that the best athletes take part,” they said.
As a special incentive each of the 32 events will have an IAAF Diamond Race, for which points will be awarded throughout the season. A four carat diamond (worth approximately $80,000) will be awarded to the athlete with the highest number of points.
“The IAAF Diamond League will play a key role in supporting the IAAF World Athletics Series of championships, as well as athletics at the Olympic Games, by building up interest in athletics in the period leading up to and immediately afterwards the main event,” the organisation said.
IAAF president Lamine Diack welcomed the announcement of the Diamond League, for which the international TV rights will be marketed by IMG.
“I am delighted that the IAAF, in close association with the meeting directors, has come up with a new professional circuit which will offer an easily understandable series of meetings to provide world class entertainment and also offer the maximum number of competition opportunities for a maximum number of athletes in different events.
“Thanks to the support of the meetings, we will be able to offer top class events that are based on solid financial foundations, provide the best organisational capability and serve to promote and develop the sport of athletics,” he said.
Diamond League meetings have been confirmed for London, Lausanne, Oslo, Stockholm, Monaco, Paris St-Denis, Brussels, Eugene, New York and Zurich. There will also be further meetings in Britain and China.
Contracts for the meetings in Berlin, Rome and Qatar have not yet been signed.
- Brazil in bid for athletics Diamond League stage - Jun 06, 2012
- Up to four-year ban for illegal betting: IAAF - May 08, 2012
- Kenya to allow athletes to compete abroad prior to Olympics - Jun 13, 2012
- Coe, Bubka to be inducted into IAAF Hall of Fame - Jun 25, 2012
- No changing false-start rule, says world athletics body - Sep 05, 2011
- Bolt has class to become an icon like Owens, feels Diack - Aug 09, 2009
- Bolt a global icon, lack of sensitivity shown to Semenya: Diack - Aug 23, 2009
- Olympics: Bolt, Blake headline weekend track action - Aug 03, 2012
- Liu Xiang leads China's medal charge in London - Jul 09, 2012
- Kenya bars students from foreign competition - Feb 17, 2012
- Olympic champ Fraser suspended over doping - Jul 09, 2010
- Pole vaulter Isinbayeva wins French meet - Jul 11, 2012
- Court allows Kalmadi's London visit (Second Lead) - Jul 25, 2012
- Istanbul world indoor athletics meet to have largest participation - Mar 03, 2012
- Athletic's Oscar de Marcos pens new deal - Jan 05, 2012
Tags: asia europe, athlete, biggest stars, carat diamond, competitions, composition, contracts, diamond worth, disciplines, dpa, iaaf, international tv, key role, main event, monte carlo, olympic games, prize money, professional circuit, tv rights, worldwide appeal