ICC T20 World Cup 2024 Prize Money:Â 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 final of T20 in the year 2014, when it had to face defeat from Sri Lanka. This time the T20 World Cup match (T20 World Cup 2024) was played in America and West Indies. A total of 20 teams participated. Defeating everyone, India and South Africa made it to the final.
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Highest prize money this time?
The T20 World Cup is historic in many ways. For example, this time the prize money has been kept the highest compared to all the T20 World Cups played so far. 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. In terms of rupees, this amount is around Rs 93.80 crore.
What will the T20 World Cup winner get?
The team that wins the T20 World Cup (T20 World Cup 2024) will get 2.45 million US dollars. This is around 20.42 crores in rupees. Apart from this, a glittering trophy will also be given.
What will the T20 World Cup runner-up get?
On the other hand, a huge prize money has been fixed for the runner-up team as well. 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 rest of the 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, a sum of $787,500 has been fixed for the team eliminated from the semi-finals. On the other hand, the teams eliminated in the Super 8 will get $382,500 or Rs 3.8 crore. Similarly, the team that finishes from the ninth to the 12th position will be given a sum of $247,500 or Rs 2.6 crore. The team that finishes from the 13th to the 20th position will get a prize of $225,000 or Rs 1.87 crore.
Apart from the prize money also get money for winning each match
Apart from the prize money , the team 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, this does not include the semi-final or final match (ICC T20 World Cup).
How does ICC decide the prize money?
According to a report published on Medium, ICC takes into account many factors while deciding the prize money of every tournament. Like how much the rights of that tournament were sold for and how many sponsors are associated. According to Didisney+ Hotstar, this time 19 companies are sponsors of T20 World Cup. Which includes Dream 11, Maruti to Samsung India and Vimal. While deciding the prize money, it is also seen how important the respective tournament is in the world of sports and what economy is associated with it. Economy means the number of viewers etc.
