ICC announces record prize purse of $11.25 million for T20 World Cup
The Hindu
ICC announces record $11.25 million prize purse for 2024 T20 World Cup, with winners taking home $2.45 million.
The International Cricket Council on June 3 announced a record prize purse of $11.25 million for the 2024 T20 World Cup with the winners pocketing at least $2.45 million.
The runners-up will receive at least $1.28 million, while the losing semifinalists walk away with $787,500 each.
The previous edition in 2022 had a total prize pool of $5.6 million with winners England receiving $1.6 million.
"The ninth edition of the ICC Men’s T20 World Cup will see the winners of the 20-team tournament earn at least $2.45 million, the highest prize money in the history of the tournament, along with the trophy that they will lift at Kensington Oval in Barbados on 29 June," said the ICC in a statement.
The four teams that fail to make it out of the Super 8s will earn $382,500 each, while the teams placed ninth, 10th, 11th and 12th receive $247,500 each. Participants who finish 13th to 20th place will return $225,000 each.
"And every team receives an additional $31,154 for each match they win barring the semifinals and final," the sport's governing body added.
The 55-match event will be played over 28 days, across nine venues in the West Indies and USA, making it the biggest T20 World Cup ever. A record 20 teams are taking part in the competition including first timers USA, Canada and Uganda.
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