Winner to get $1.6m as ICC announces prize money for T20 World Cup

T20-World-Cup-2024-West-Indies-US

DUBAI: The winning team of the ICC men’s T20 World Cup 2022 will receive a massive prize of USD 1.6 million, while the runner-up will get half the amount, announced the governing body of cricket on Friday. 

The mega-event featuring 16 countries will be held in Australia, starting from October 16. The final of the tournament is scheduled on November 13 in Melbourne.

International Cricket Council set the total prize pool at $5.6 million for the event. The runner-up will be awarded $0.8m while the winning side gets twice the sum.

Moreover, the losing semi-finalists will each receive $ 400,000, meanwhile, the eight teams who eliminate at the Super 12 stage will get $70,000 each.

Teams will be awarded $40,000 for each win in the Super 12 stage. The overall allocations for the round stand at $1.2m since 30 games will be played in that stage.

Eight teams had qualified directly for the Super 12 stage which includes Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa.

The other eight teams – Namibia, Sri Lanka, Netherlands, UAE in Group A and West Indies, Scotland, Ireland and Zimbabwe in Group B – will play the first round. For any win in the first round, prize money of $40,000 will be awarded, with the 12 matches amounting to $480,000.

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