ICC Announces Prize Money Of $2.45 Million For T20 Winners

NEW YORK, NY (IANS) – The ninth edition of the ICC Men’s T20 World Cup will see the winners of the 20-team tournament earn at least $2.45 million, the highest prize money in the history of the competition, said the International Cricket Council.

The prize money will be given to the winner of the tournament along with the trophy that they will lift at Kensington Oval in Barbados on June 29, from the overall $11.25 million pot sanctioned by the ICC. Every team receives a minimum of $225,000 for participating.

The runners-up will get at least $1.28 million while the losing semifinalists walk away with $787,500. The four teams that fail to make it out of the Super 8s will earn $382,500 each, while the teams placed ninth, 10th, 11th, and 12th respectively will receive $247,500 each.