According to a press release from the International Swimming Federation, $4.6 million, equivalent to just over 42 million kronor, will be allocated to a fund to compensate the swimmers who signed up for the ISL series in 2018 and 2019.
ISL, International Swimming League, was a professional tour that existed between 2019 and 2021 and was started by the Ukrainian businessman and billionaire Konstantin Grigorisjin.
The tour has been paused since Russia's war of aggression against Ukraine began in 2022.
The International Swimming Federation Fina initially did everything to stop the lucrative tour and Sarah Sjöström told TT how she was subjected to threats and pressure for suspension minutes before the start of a World Cup event in Singapore in 2018.
The test competition that ISL was to have held in 2018 had to be cancelled.
The Hungarian star Katinka Hosszu, together with the Americans Tom Shields and Michael Andrew, as representatives of the world's swimming elite, sued the International Swimming Federation in a court in California.
Now it has ended in a settlement where the International Swimming Federation is allocating just over 40 million kronor as compensation to the swimmers who were contracted by ISL for the competition in 2018 and for the 2019 season.
Sarah Sjöström was one of the ISL tour's big names and won the series with her team Energy Standard both in 2019 and 2021, when she both times won the MVP award as the best individual swimmer.
ISL has also sued the International Swimming Federation in a case that has not yet been settled, writes AP.
