The International Cricket Council (ICC) has made the historic decision that prize money for men’s and women’s teams competing in ICC competitions would be equal. The ICC Annual Conference in Durban, South Africa, saw the adoption of this resolution, which represents a substantial advancement towards the goal of prize money parity by 2030—well ahead of the target date. The new rule guarantees that teams will receive the same amount of money for placing in the same places at similar competitions and winning matches.
“This is a significant moment in the history of our sport and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally,” ICC Chairman Greg Barclay said.
The decision was made during the ICC Annual Conference held in Durban, South Africa and it surpasses the predetermined timeline of 2030 for the same.
“Since 2017 we have increased prize money at women’s events every year with a clear focus on reaching equal prize money and from here on in, winning the ICC Women’s Cricket World Cup will carry the same prize money as winning the ICC Men’s Cricket World Cup and the same for T20 World Cups and U19s too,” Barclay added.