ISL series to fund swimmers through to Tokyo Olympics

LONDON: The professional International Swimming League (ISL) will fund its contracted athletes with monthly payments from September through to next year’s rescheduled Tokyo Olympics, the series announced on Friday.

It also plans to get all its 320 swimmers together for a five-week special event of training and competition, possibly filmed behind closed doors and with Australia the likely location, from Oct. 14-Nov. 17 subject to the COVID19 pandemic.

Hungary’s 2016 triple Olympic gold medallist Katinka Hosszu told Reuters the ‘Solidarity Program’ would provide peace of mind at a time of uncertainty, with some countries in lockdown as they battle the new coronavirus.

“For us athletes, it’s really important to get over this period of time and everyone will be able to prepare for next summer,” she said. “They have some security as well as some racing and training camps to look forward to.”

The Tokyo Games, originally scheduled to start in July this year, have been postponed to July 23-Aug. 8, 2021 due to the pandemic.

The ISL launched last year as a fastpaced competition with 10 teams from Europe and North America featuring an array of world and Olympic champions and bankrolled by Ukrainian businessman Konstantin Grigorishin.

Olympic and world champion Caeleb Dressel, who competed in the inaugural ISL season, liked the idea of doing it again but stopped short of committing to a return, due in part to uncertainty with his existing sponsorships.

“I don’t know that far in advance what my schedule is going to be like ... or how the companies I am involved with at the moment what they are going to need from me within those months,” Dressel told Reuters.

“I mean, I would love to compete in ISL, it was great last year, but I can’t say 100% I am doing this because there are just so many uncertainties right now for everybody.” Grigorishin told Reuters the contracted swimmers would each get a guaranteed $1,500 a month from Sept. 1 to July 1 with $11 million set aside to cover wages, bonuses, ambassador payments and prize money in a condensed season.

The total cost of paying for everything could amount to $20 million, although that could be reduced by television deals and sponsorship and depends on the planned five-week ‘radical swimming event’ going ahead.

“During this five weeks we will organise 10 matches, like prelims,” said Grigorishin. “And maybe one month later we organise finals, just one match for four teams.This is our ideal scenario.

“But it’s hard to say. It’s not easy to travel now and maybe there will be a lot of restrictions. So we have to find some place for the swimmers to collect them together.