January 07, 2013
Top swimmers like Missy Franklin will begin to receive prize money for placing first, second or third at the Grand Prix Series.
Marilyn Indahl/US Presswire

COLORADO SPRINGS, Colo. (AP) -- The top three finishers in individual Olympic-distance swimming events at the Grand Prix Series will receive prize money.

USA Swimming said Monday that new sponsor Arena is putting up $150,000 for the six-meet series.

In each event, winners will receive $500, second-place finishers will earn $300 and third-place will be worth $100. Swimmers with remaining NCAA eligibility won't be able to accept prize money.

Previously, the overall points leader throughout the series received $20,000.

Prize money will be retroactively awarded for the Minnesota Grand Prix, which was held in November.

The next stop in the series is the Austin Grand Prix on Jan. 18-20, with Olympic gold medalists Missy Franklin, Tyler Clary and Ricky Berens scheduled to compete.

The remaining meets will be in Orlando, Fla., Mesa, Ariz., Charlotte, N.C., and Santa Clara, Calif.

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