World's fastest man will receive nearly US$1 million dollars for his appearance in Nitro Summer Series.
The organizers say that Bolt will participate in the relays events that will take place in Melbourne on February 5-11.
The Nitro Summer Series will consist of up to 8 teams representing different countries and surrounding regions.
The 30-year-old Bolt has already announced he plans to retire from athletics after the 2017 World Championships in London scheduled for Aug. 5-13.
Bolt's biggest opponent American Justin Gatlin, who has been banned for doping twice, may also compete at the Nitro Series.
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