AgenciesThe International Cricket Council (ICC) on Monday announced a record-breaking prize money of $11.25 million for the Men’s T20 World Cup 2024, setting a new record for the tournament.
In this ninth edition, 20 teams will vie for glory over 28 days, spread across nine venues in the West Indies and USA, making it the most expansive event of its kind.
"The winners of the ICC Men's T20 World Cup 2024 is set to receive at least $2.45 million - the highest prize amount in the history of the event," the ICC stated in a media release.
The runners-up will secure a minimum of $1.28 million, while teams exiting in the semi-finals will each pocket $787,500. Those bowing out in the second round will still take home $382,500 apiece, and teams placing ninth to 12th will receive $247,500 each.
For teams ranking from 13th to 20th place, there will be a payout of $225,000 per team. Furthermore, every team will earn an additional $31,154 for each match won, excluding matches in the semi-finals and finals.
Additionally, every team will receive an extra $31,154 for each match won, excluding the semi-finals and finals.
The tournament will commence with 40 matches in the first round, followed by the Super 8s and culminating in the semi-finals, which will be held in Trinidad and Tobago and Guyana.
The final match will take place at the Kensington Oval in Barbados, where the champions of the 2024 men’s edition will be crowned.
“This event is historic in so many ways, so it is fitting that the prize money for players reflects that. Hundreds of millions of fans around the world will be entertained by the players in what we’re hoping to be an Out of This World event," ICC Chief Executive Geoff Allardice said in a media statement.
In this ninth edition, 20 teams will vie for glory over 28 days, spread across nine venues in the West Indies and USA, making it the most expansive event of its kind.
"The winners of the ICC Men's T20 World Cup 2024 is set to receive at least $2.45 million - the highest prize amount in the history of the event," the ICC stated in a media release.
The runners-up will secure a minimum of $1.28 million, while teams exiting in the semi-finals will each pocket $787,500. Those bowing out in the second round will still take home $382,500 apiece, and teams placing ninth to 12th will receive $247,500 each.
For teams ranking from 13th to 20th place, there will be a payout of $225,000 per team. Furthermore, every team will earn an additional $31,154 for each match won, excluding matches in the semi-finals and finals.
Additionally, every team will receive an extra $31,154 for each match won, excluding the semi-finals and finals.
The tournament will commence with 40 matches in the first round, followed by the Super 8s and culminating in the semi-finals, which will be held in Trinidad and Tobago and Guyana.
The final match will take place at the Kensington Oval in Barbados, where the champions of the 2024 men’s edition will be crowned.
“This event is historic in so many ways, so it is fitting that the prize money for players reflects that. Hundreds of millions of fans around the world will be entertained by the players in what we’re hoping to be an Out of This World event," ICC Chief Executive Geoff Allardice said in a media statement.
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