This is the Amount of Money Athletes Will Receive at the IAAF Championships

11 Kenyans have already bagged medals in the IAAF championships in Beijing China - either Gold, Silver or Bronze. But how much money are they taking home?

According to the IAAF a total of US$ 7,194,000 (Ksh741 million), in prize money, will be paid to the leading athletes and teams in the 47 events this year.

On top of their individual awards, athletes who achieve a world record will be eligible for a special world record bonus worth USD $100,000 (Ksh10.3 million)

In individual events, athletes who emerge top eight will be awarded an amount of money ranging between USD $60,000 (KSh6.2 million) for gold medalists, down to USD $400 (Ksh41, 200) for those who finish eighth place.

For individual events participants who emerge top eight will be awarded as follows; 
1. Gold: USD $60,000 (Ksh6.2 million)
2. Silver: USD $30,000 (Ksh3.1 million)
3. Bronze: USD $20,000 (Ksh2.1 million)
4. Fourth place: USD $15,000 
5. Fifth place: USD $10,000 
6. Sixth place: USD $6000 
7. Seventh place: USD $5000 
8. Eighth place: USD $400

In the relays event, teams that emerge top eight will be awarded as follows (per team);
1. Gold: USD $80,000 (Ksh8.2 million)
2. Silver: USD $40,000 (Ksh4.1 million)
3. Bronze: USD $20,000 (ksh2.1 million)
4. Fourth place: USD $16,000 
5. Fifth place: USD $12,000 
6. Sixth place: USD $8000 
7. Seventh place: USD $6000 
8. Eighth place: USD $4000

Kenyan athletes have been a highlight of exemplary performance in athletics let alone in the ongoing IAAF champions in Beijing China.

Read: Video: Rudisha is Back, Bett Makes History

Meanwhile, six Kenyans have already been awarded the gold medal, three of them silver while two others the bronze medal.

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