The Diamond League, track and field’s annual international circuit, is increasing its prize money to its highest level since its creation in 2010. The total prize money for the 2025 season — $9.24 million — is almost one-third higher than in the 2021-24 period, according to a press release.

MONACO (AP) — The Diamond League track and field series is set to increase its prize money next season, World Athletics said Wednesday. The announcement comes as the World Athletics president Sebastian Coe bids to become president of the International Olympic Committee.

Annual multi-sport event Diamond League will increase its prize money to more than $9 million in 2025, the highest in the history of the series, the organisers said on Wednesday.

The Houston Livestock Show and Rodeo is going to make competing cowboys richer next year. The organization announced Thursday that it was increasing its purse payout by $355,500 to just over $2.5 million.

But after a strong season either side of the Olympics, the Diamond League has upped the money on offer to competitors at each of its 15 stops in 13 countries. Prize money of more than $9m (£6.8m) will be available in 2025, the highest in the history of the series, while top athletes will also receive promotional fees.

Next month's Women's T20 World Cup will offer a record total of $7.96 million in prize money, organising body the International Cricket Council (ICC) said on Tuesday.

On Wednesday, the Wanda Diamond League announced that it will increase the prize money pot for the 2025 season to the highest it's ever been in the circuit's history. In a decision made by the Diamond League General Assembly on Sunday, the league will award a total of $9,240,000 over the course of 15-meeting season in 2025.