Highest prize money announced for T20 WC

The ICC T20 Cricket World Cup  

The ninth edition of the ICC Men’s T20 World Cup will see the winners of the 20-team tournament earn at least US$2.45m, the highest prize money in the history of the tournament, along with the trophy that they will lift at Kensington Oval in Barbados on June 29.

The runners-up will receive at least US$1.28m, while the losing semi-finalists walk away with US$787,500 each from the total, historic prize pot of US$11.25m.

The four teams that fail to make it out of the Super 8s will earn US$382,500 each while the teams placed ninth, 10th, 11th and 12th receive US$247,500 each. Participants who finish 13th to 20th place will return US$225,000.

And every team receives an additional US$31,154 for each match they win barring the semi-finals and final.

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 format of this year’s tournament will see 40 first round matches played before the top eight progress to the Super 8s. 

Four teams will then qualify for the semi-finals, which will be staged in Trinidad and Tobago and Guyana, ending with the final in Barbados where the 2024 Men’s champions will be crowned. (ICC)