ICC T20 World Cup Prize Money: India and South Africa will face each other in the final match of T20 World Cup (India vs South Africa Final 2024). The Indian team has reached the final of the T20 World Cup after 10 years. India last reached the T20 final in 2014, when they lost to Sri Lanka. This time T20 World Cup match (T20 World Cup 2024) was played in America and West Indies. A total of 20 teams participated in it. India and South Africa reached the final after defeating each other.
The highest prize money this time?
The T20 World Cup is historic in many ways. For example, compared to all the T20 World Cups played so far, this time has the highest prize money. According to the ICC, a total fund of 11.25 million US dollars has been allocated for the ninth edition of the T20 World Cup. If we talk in rupees, this amount is around 93.80 crore rupees.
What will the T20 World Cup winner get?
The winning team of T20 World Cup (T20 World Cup 2024) will get 2.45 million US dollars. In rupees it is about 20.42 crores. Apart from this you will also get shiny trophies.
What will the T20 World Cup runner-up get?
On the other hand, a huge prize money has also been decided for the runners up team. The team that loses the World Cup will get 1.28 million dollars or 10.67 crore rupees. This is almost half the amount compared to the winning team.
What will the other teams get?
This was about the T20 World Cup winner and runner-up team. But a good amount has been fixed for all the teams participating in the tournament. For example, an amount of $787,500 is set for a team eliminated from the semi-finals. So the eliminated teams in Super 8 will get $382,500 or Rs. 3.8 crore will be received. Similarly, teams finishing ninth through 12th will be awarded $247,500 or Rs 2.6 crore. The 13th to 20th ranked teams will get $225,000 or Rs 1.87 crore in prize money.
Money to the team for every win
Apart from the prize money, you will also get money for winning each match. According to ICC, the team will get $31,154 or Rs 26 lakh for winning each match. However, it does not include semi-final or final matches (ICC T20 World Cup).
How does the ICC determine the prize money?
According to a report published on Medium, the ICC considers several factors while deciding the prize money of each tournament. Select how many rights to that tournament were sold and how many sponsors were involved. According to Didisney + Hotstar, 19 companies are sponsoring the T20 World Cup this time. These include Dream 11, Maruti Samsung India and Vimal. While determining the prize money it is also looked at how important the respective tournament is in the gaming world and the economy associated with it. Economy means viewership etc.
Tags: ICC T20 World Cup, Rohit Sharma, South Africa, Team India
First published: June 29, 2024, 17:38 IST