ICC announces prize money for Men’s T20 World Cup

The ICC T20 World Cup has already kicked-off and the International Cricket Council (ICC) has revealed the highest-ever prize money for the tournament.

According to an announcement by the cricket council, Men’s T20 World Cup winnwr will receive $2.45 million from the overall $11.25m pot. Meanwhile, the runner-up will take home $1.28m.

It stated that the 55-match event will be played over 28 days, across nine venues in the West Indies and USA, making this the biggest ICC T20 World Cup ever. The ICC revealed that every team participating in the tournament will receive an amount of $225,000.

The final of the tournament will be played at Kensington Oval in Barbados on 29 June. Moreover, the losing semi-finalists will walk away with $787,500 each.

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“The four teams that fail to make it out of the Super 8s will earn $382,500 each, while the teams placed ninth, 10th, 11th and 12th receive $247,500 each,” it said.

“Participants who finish 13th to 20th place will return $225,000,” it added. The ICC also revealed that every team would receive an additional $31,154 for each match they win barring the semi-finals and the final.

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