The IBJJF made an announcement this Friday that it has decided to raise the the value of the prizes for the best black belt competitors of the 2015/2016 season.
Each one will receive $15,000, with 2nd places getting $4,000 and third places getting R$ 1,000.
Initially, the IBJJF announced prizes of $10k for the ranking leaders.
As of today (Jan. 15), the leaders are Paulo Miyao (937.5pts) and Mackenzie Dern (1260pts).
The season ends on the day before the start of the 2016 World championship.
Athletes add points via their results in every one of the IBJJF events throughout the season.
Here’s the IBJJF statement:
The IBJJF is proud to announce that it has increased the CASH PRIZES for the Black Belt Adult competitors for the 2015/16 season!
Effective today, top ranking Male and Females athletes for the 2015/ 2016 ranking season will receive the following:
1st place – $15,000 (USD)
2nd place – $4,000 (USD)
3rd place – $1,000 (USD)
* – Regardless the athlete’s country of residency, the awards will be paid according to USA Federal and state taxes laws.
Know more at ibjjf.org.