T20 World Cup 2024 Prize Money : The T20 World Cup 2024 is not just about cricketing glory; it’s also set to make history with its staggering prize money. As the tournament reaches its climax, with teams vying for the coveted title, the International Cricket Council (ICC) has unveiled a record breaking prize pot that promises to make this edition of the World Cup unforgettable.
Let’s have a look into more details: T20 World Cup 2024 Prize Money
Historic Prize Fund for the T20 World Cup 2024
For the ninth edition of the ICC Men’s T20 World Cup, held across the picturesque venues of the West Indies and the USA, the prize money is set at an unprecedented $11.25 million. This is the largest prize fund in the tournament’s history, reflecting the event’s growing prestige and the intense competition among the world’s best cricketing nations.
Breakdown of the Prize Money
The ICC has structured the prize money to reward not just the winners and runners up but also the teams that make significant progress through the tournament.
| Position | Prize Money (USD) | Prize Money (INR) |
|---|---|---|
| Winners | $2,450,000 | ₹20,42,49,000 |
| Runners-up | $1,280,000 | ₹10,68,06,400 |
| Losing Semi-finalists | $787,500 | ₹6,58,07,250 |
| Teams out from Super-8s | $382,500 | ₹3,19,50,750 |
| 9th to 12th place | $247,500 | ₹2,06,90,250 |
| 13th to 20th place | $225,000 | ₹1,87,65,000 |
| Every match win | $31,154 | ₹25,94,616 |
Winners and Runners up
The champions of the T20 World Cup 2024 will walk away with a hefty $2.45 million. This is the highest amount ever awarded to a T20 World Cup winner, underscoring the tournament’s growing financial stakes. The runners up will not be left empty handed either, receiving a substantial $1.28 million for their efforts.
Semi finalists and Beyond
Teams that reach the semi finals but fall short of the final will still receive a significant reward of $787,500 each. This ensures that even those who don’t make it to the ultimate showdown are recognized for their achievements and contributions to the tournament’s excitement.
In a bid to maintain high competitive standards throughout the tournament, the ICC has also included a provision where teams earn $31,154 for each match won, excluding the semi-finals and finals. This incentive structure is designed to keep the competition fierce and rewarding at every stage.
Twenty teams from around the globe have battled it out across 28 days in this expansive tournament. The competition has seen cricketing powerhouses and emerging nations alike compete on an international stage, showcasing the global appeal and reach of T20 cricket.
As the final approaches, we have seen thrilling matches and unexpected upsets, with traditional cricketing giants like India and England being joined by formidable teams like South Africa and Afghanistan in the latter stages of the tournament.
FAQ
What is the total prize money for the T20 World Cup 2024?
The total prize money for the T20 World Cup 2024 is a record breaking $11.25 million
