Days after being sued, FINA launches new swim series
'FINA Champions Swim Series' will pay $3.9 million US in total prize money.
FINA says it's launching a new series for elite swimmers, while being challenged by a privately-run rival competition and a class action suit by Olympic and world champions.
FINA says the series of three meetings next March to May will invite Olympic and world champions, world record-holders, and top-ranked swimmers in four-lane races.
The "FINA Champions Swim Series" will pay $3.9 million US in total prize money.
WATCH: Benoit Huot on FINA's dilemma:
FINA announced the plan on Thursday, days after three top swimmers filed an antitrust suit in a Californian court against the Switzerland-based swim body's alleged anti-competitive practices.
WATCH: Mark Tewksbury discusses rival league controversy:
FINA has threatened to ban swimmers who compete in events linked to the proposed International Swimming League. It aims to operate outside FINA's control and pay higher prize money.