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The IBA said it has a $3.1 million prize money fund for each male and female boxer who reaches the quarterfinals in 13 total weight classes, plus their coaches and national teams.

The yield on the Crane 100 Money Fund Index, which tracks the largest money-market funds, was 5.13 percent on April 30.

Nelson wants to see more public money fund treatment and sober living, even if it means cutting a check to one of the many recovery centers around the region, state or nation.

The bills have seen strong demand from money fund investors.

However, the prize money fund is still far below the $440 million paid to the men who played in the World Cup last year in Qatar.