In a major restructure, the IAAF Diamond League has adopted a championship style model with the finalists competing for a prize pool of $3.2 million.

From next season, athletes will earn points in the first 12 IAAF Diamond League meetings to qualify for two final meetings where $100,000 will be at stake in each of the 32 Diamond Disciplines, including $50,000 for each winner.

In previous seasons, athletes accumulated points throughout the IAAF Diamond League season with the overall winner of each of the 32 events being the athlete with the most points irrespective of whether they won the final.

The season is now a race to reach the finals with the winners crowned as IAAF Diamond League Champions. As in a championship the performance of athletes in the final alone will determine who the champion will be and the prize money won.

The IAAF Diamond League finals will now offer a dramatic showdown between the world’s best athletes, a true climax to a four-month race across four continents.

Sebastian Coe, IAAF President and chairman of the Diamond League AG, commented: “After seven seasons which have established the IAAF Diamond League as our premier circuit it is important to assess its impact and build for the future. These decisions are the first step to growing the attractiveness of the series.”

FINALS - Prize Money structure for each of the 32 events

1st $50,000

2nd $20,000

3rd $10,000

4th $6000

5th $5000

6th $4000

7th $3000

8th $2000