Once-amateur boxing world championships to offer prize money

(AP Photo/Alexander Zemlianichenko, File)

LAUSANNE, Switzerland (AP) The boundary between amateur and professional boxing blurred further Thursday with the International Boxing Association offering prize money of up to $100,000 for the first time at the historically amateur men's world championships.

AIBA said a total prize fund of $2.6 million was in place to award medalists in each category, with $100,000 for gold, $50,000 for silver and $25,000 for bronze. The men's championships will be held in Belgrade, Serbia, from Oct. 24 to Nov. 6.

AIBA did not immediately respond to a question from The Associated Press about whether it plans to have prize money at the women's world championships. That event is scheduled for this year but has no listed venue or dates on AIBA's competition calendar.