Peaty, world record-holder in the 50-meter and 100m breaststroke, will contend in the International Swimming League, another arrangement contradicted by Fina.
The ISL will keep running from October to December this year, to dodge conflicts with the Fina World Championships in the mid year, incorporating a London leg in November.
The association will include eight groups, each made up of 32 competitors, contending in six meets all around, coming full circle in the two best groups from Europe and the US achieving the last in Las Vegas.
Russian billionaire Konstantin Grigorishin, the maker of the ISL set up possess world group, the Champion Series.
Grigorishin has submitted $20 million (£15.2 m) to the group this season, and up to $7m in prize cash (contrasted with Fina's Champion Series' $4 m). The income will be part 50-50 between the competitors and the group, something Peaty depicted as progressive.
Grigorishin's point is to make swimming whizzes by conveying them to an overall crowd consistently, not exactly at the Olympics.
Source: The Telegraph