T20 World Cup 2024: The highest-ever prize money for WC winners is announced by the ICC

The T20 World Cup 2024 has the greatest prize money ever declared by the International Cricket Council, indicating that it will be a profitable competition. With a USD 11.25 million total prize fund, this forthcoming tournament is expected to be the most lucrative in cricket history.

T20 World Cup 2024: The highest-ever prize money for WC winners is announced by the ICC
T20 World Cup 2024: The highest-ever prize money for WC winners is announced by the ICC
  • The ICC has revealed the USD 11.25 million prize fund for the 2024 T20 World Cup.
  • From the total USD 11.25 million, winners will get at least USD 2.45 million.
  • Each participating team gets a minimum of USD 225,000.

The T20 World Cup 2024 prize money has been revealed by the International Cricket Council (ICC) to be the greatest to date. The next tournament looks to be the most profitable in the competition's history with a record prize fund of USD 11.25 million. The winners of the 2024 T20 World Cup will take home a minimum of USD 2.45 million, creating a new standard in cricket compensation. Not to be outdone, the runners-up will also receive a handsome USD 1.28 million. The USD 787,500 that each semi-finalist who fails to advance to the final will earn will guarantee that their efforts are well compensated.

What is the prize of T20 World Cup 2024?

This time the price of T20 World Cup 2024 is USD 11.25 million

Teams will still receive a substantial USD 382,500 each even if they are unable to advance past the Super 8 round. Teams that place ninth through twelfth will receive USD 247,500 apiece, and those that place thirteenth through twentieth will receive USD 225,000 apiece. In addition, each club that wins a game during the tournament—aside from the semifinals and final—will receive an additional USD 31,154. With 55 matches spread over 28 days, the 2024 T20 World Cup will be the biggest ICC T20 World Cup ever. The event's worldwide appeal and significance will be highlighted by the nine locations it will take place in—the USA, the West Indies, and both.

The 40 first-round matches in this year's tournament will send the top eight teams to the Super 8s. The Super 8s' top four teams will next advance to the semi-finals, which will be held in Guyana and Trinidad & Tobago. The 2024 men's champions will be crowned in Barbados during the grand finale.

"This tournament is historic in so many ways, so it is fitting that the prize money for players reflects that," said ICC Chief Executive Geoff Allardice, expressing his delight over the occasion. We hope this will be an Out of This World event, with the players entertaining hundreds of millions of fans worldwide.

The record-breaking prize money will undoubtedly heighten the competition and increase the excitement of cricket fans globally as the sport prepares for this historic occasion.