The International Cricket Council (ICC) on Monday announced a record prize money of USD 11.25 million for the 2024 T20 World Cup with the winners pocketing at least US Dollars 2.45 million.
The runnersup will receive at least USD 1.28 million, 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.
“And every team receives an additional $31,154 for each match they win barring the semi-finals and final,” the sport’s governing body added.
“This event is historic in so many ways so it is fitting that the prize money for players reflects that,” said ICC Chief Executive Geoff Allardice.