The international cricket council (ICC) has substantially increased in ICC T20 World Cup 2024 prize money. ICC has increased the prize money of Women’s T20 World Cup by almost 320 per cent compared to last season. The men’s T20 World Cup 2024 to feature 45 matches which will be played among 16 teams.
Both men’s and women’s cricket need to grow and develop across the world and ICC know that what would be better than the huge cash prizes. There is no exact information about the T20 world cup prize money as the competition is till half-year away.
ICC T20 World Cup 2024 Prize Money
This year both men and women’s T20 World Cup will witness increment in the total prize money. The winners of Men’s ICC T20 World Cup 2024 will take home $3.5 million and runners-up to pocket $1,500,000.
Every team playing in the competition to receive $300,000 as participation fee while the for the individual performance, the winners to get $100,000.
| STAGE | MEN’S T20 WORLD CUP PRIZE MONEY | WOMEN’S T20 WORLD CUP PRIZE MONEY |
|---|---|---|
| Participation Fee | $300,000 every team | $100,000 every team |
| Semifinal losing teams | $750,000 each | $250,000 each |
| Runners-ups | $1500,000 | $500,000 |
| Winners | $3.5 million | $1 million |
| Individual awards (man of the series, top run-scorer etc) | $100,000 | $300,000 |
| Total Prize Money fund | $3.5 million | $3.5 million |
The Women’s ICC T20 World Cup prize money has seen a spike with winners to receive $1 million while runner ups to pocket $500,000.
After International Cricket Council’s (ICC) decision to increase the Women’s T20 World Cup prize money, the Cricket Australia and the Australian Cricketers Association (ACA) have to conclusion to provide the same pay irrespective of gender.
The Big Bash league prize money also has been increased for the Women’s with winners to get USD 6,55,000.