T20 WC 2024: ICC makes big announcement for T20 World Cup tournament winners to rain record money

ICC Announces Highest Prize Money for T20 WC 2024 Winner: The winners of the 20-team tournament in the ninth edition of the ICC Men’s T20 World Cup will receive a prize money of at least US$2.45 million, the highest prize money in the competition’s history, the International Cricket Council (ICC) said. ICC has announced the highest ever prize money for the T20 WC 2024 winner) amount. The prize money, which will be awarded to the winner of the tournament along with the trophy they will lift at the Kensington Oval in Barbados on June 29, will be from the total amount sanctioned by the ICC of USD 11.25 million. Each team receives a minimum of US$225,000 for participating. The runner-up will take home at least US$1.28 million, while the losing semi-finalist will take home US$787,500.

The four teams that failed to make it out of the Super 8 will each receive USD 382,500, while the ninth, 10th, 11th and 12th-placed teams respectively will receive USD 247,500. The 13th to 20th ranked participants will receive US$225,000. Each team will receive an additional US $31,154 for winning each match except the semi-finals and finals.

ICC CEO Geoff Allardyce said, “This event is historic in so many ways, so it’s only right that the prize money for the players reflects that. Millions of fans around the world will be entertained by players who we think are out of this world. is.” “We hope to create an event.” The 55-match event between 20 teams will be played over 28 days across nine venues in the West Indies and the USA, making it the biggest ever ICC Men’s T20 World Cup. For the first round, 20 teams will be divided into four groups of five each.

The top two teams from each group will qualify for the Super 8 stage, where the teams will be divided into two groups of four. The teams finishing first and second in their groups in the first round will retain that seeding in the Super 8s, should they qualify. A1, B2, C1 and D2 finishers will be in one group, while A2, B1, C2 and D1 will be placed in another group.

The top two teams from the two groups of the Super 8 will advance to the semi-finals. The semi-finals will be held on June 26 and 27 in Guyana and Trinidad and Tobago respectively while the final will be held in Barbados on June 29.

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