Swiss watch company Swatch has agreed title sponsorship deals with the International Volleyball Federation (FIVB) in relation to the global governing body’s beach volleyball World Tour.
Swatch will this year be the title sponsor of the FIVB Major Series events in Porec, Croatia; Stavanger, Norway; and Gstaad Switzerland, along with its Beach Volleyball Season Final at Fort Lauderdale, USA.
The terms of the agreement with Swatch, which comes alongside a wider partnership between the FIVB and the Major Beach Company to increase the global profile of beach volleyball, were not disclosed.
Each of the FIVB Major Series meetings carry a prize fund of $800,000 (€703,200), while the winning men’s and women’s teams will receive $100,000 apiece at the Beach Volleyball Season Final from a prize pot of $500,000.
The 2015 FIVB World Tour is the start of the second qualification process, alongside the Continental Cup, for beach volleyball athletes ahead of the Rio 2016 Olympic Games.