3Photo© dnaindia.comICC announces highest-ever prize money for WC champions
The International Cricket Council on Monday announced a record prize purse of USD 11.25 million (approx INR 93.5 crore) for the 2024 T20 World Cup with the winners pocketing at least USD 2.45 million (approx INR 20.36 crore). The runners-up will receive at least USD 1.28 million (Rs 10.36 crore), while the losing semi-finalists walk away with USD 787,500 each. The previous edition in 2022 had a total prize pool of USD 5.6 million with winners England receiving USD 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 USD 382,500 each, while the teams placed ninth, 10th, 11th and 12th receive USD 247,500 each. Participants who finish 13th to 20th place will return $225,000 each.