A total prize purse of USD $1.4million will be paid by the IAAF for the men's and women's races at the inauguralIAAF World Relays in Nassau, The Bahamas, on 24-25 May.
Team prize money for each race (all amounts are in US$)
1st – 50,000
2nd – 30,000
3rd – 20,000
4th – 12,000
5th – 10,000
6th – 8000
7th – 6000
8th – 4000
World record bonus
Any team who breaks a world record in Nassau will be awarded a USD $50,000 bonus by the IAAF.
The current ratified world records are:
Men
4x100m: Jamaica 36.84, 11 August 2012, London
4x200m: United States 1:18.68, 17 April 1994, Walnut
4x400m: United States 2:54.29, 22 August 1993, Stuttgart
4x800m: Kenya 7:02.43, 25 August 2006, Brussels
4x1500m: Kenya 14:36.23, 4 September 2009, Brussels
Women
4x100m: United States 40.82, 10 August 2012, London
4x200m: United States 1:27.46, 29 April 2000, Philadelphia
4x400m: USSR 3:15.17, 1 October 1988, Seoul
4x800m: USSR 7:50.17, 5 August 1984, Moscow
4x1500m: Kenya 17:05.72*, 26 April 2014, Nairobi
NOTE: The payment of all prize money is dependent upon athletes undergoing and clearing the usual anti-doping procedures.