T20 World Cup 2024: ICC announces record-breaking prize for winners, runners up; check details

  • The winner will take home at least $2.45 million , while at least $1.28 million has been kept for the runners up.

Saurav Mukherjee
Updated3 Jun 2024, 07:16 PM IST
T20 World Cup 2024 Trophy.
T20 World Cup 2024 Trophy.(X/@ICC)

The International Cricket Council announced a record-breaking prize fund of $11.25 million for the Men's T20 World Cup 2024 on 3 June, including at least $2.45 million for the winners and at least $1.28 million for the runners-up. 

The ICC also announced that the losing semi-finalists will take home $787,500 each. 

ALSO READ: 'Stop-Clock': New rule for T20 World Cup 2024; check how things change for cricket captains

According to the ICC, T20 World Cup 2024 winners will receive the highest amount in the tournament's history. The 55-match event will be played over 28 days across nine venues in the West Indies and USA, making it the biggest ICC T20 World Cup ever.

"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," ICC said in an official press announcement.

ALSO READ: ‘Cricket is a dead sport’: Netizens blast ICC over empty stands during WI vs PNG T20 World Cup clash

The ICC shared more details, saying that the losing semi-finalists will take home $787,500 each, and the teams that do not advance past the second round will receive $382,500 each. Those finishing between ninth and 12th place will get $247,500 each.

The ICC said in a statement that the teams ranking from 13th to 20th place will each earn $225,000. Also, every team will receive an extra $31,154 for each match won, excluding the semi-finals and finals. 

Remarking on the event's historic significance, ICC Chief Executive Geoff Allardice said, "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 worldwide will be entertained by the players in what we're hoping to be an Out of This World event."

ALSO READ: T20 World Cup 2024 full schedule: Check dates, venues, timing, livestreaming details and more

The details say that the ICC Men's T20 World Cup started on 1 June and will have 40 matches in the first round. 12 Super8 matches will follow this, and then the semi-finals will be held in Trinidad and Tobago and Guyana. The final match will take place at the Kensington Oval in Barbados. 

Catch all the Sports News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.MoreLess
First Published:3 Jun 2024, 07:16 PM IST
HomeSportscricket newsT20 World Cup 2024: ICC announces record-breaking prize for winners, runners up; check details

Most Active Stocks

Tata Steel

166.80
03:59 PM | 15 JUL 2024
-1.9 (-1.13%)

NTPC

385.65
03:58 PM | 15 JUL 2024
8.4 (2.23%)

Bank Of Baroda

258.60
03:53 PM | 15 JUL 2024
7.85 (3.13%)

Bharat Electronics

331.25
03:55 PM | 15 JUL 2024
-2.05 (-0.62%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Indian Overseas Bank

68.33
03:41 PM | 15 JUL 2024
4.68 (7.35%)

M M T C

94.92
03:40 PM | 15 JUL 2024
6.31 (7.12%)

NLC India

297.75
03:57 PM | 15 JUL 2024
18.6 (6.66%)

IDBI Bank

91.54
03:58 PM | 15 JUL 2024
5.6 (6.52%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    74,771.00290.00
    Chennai
    73,827.00-145.00
    Delhi
    73,972.00-799.00
    Kolkata
    74,045.0073.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.75/L-0.01
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanMint Shorts