The International Cricket Council (ICC) has announced a record-breaking prize fund of $11.25 million for the Men’s T20 World Cup 2024.
The winners of this ninth edition, set to be held across the West Indies and the USA, will receive at least $2.45 million, the highest in the tournament's history.
The ICC Men’s T20 World Cup 2024, featuring 20 teams, will span 28 days and nine venues, making it the most extensive event of its kind. The runners-up will earn a substantial $1.28 million, while the semi-finalists will each pocket $787,500.
Teams failing to progress past the second round will still secure $382,500 each, and those finishing between ninth and 12th place will receive $247,500. Teams ranking from 13th to 20th place will each earn $225,000.
In addition, every team will receive an extra $31,154 for each match won, excluding the semi-finals and finals.
The tournament will kick off with 40 matches in the first round, leading to the Super 8s. The semi-finals are scheduled to take place in Trinidad and Tobago and Guyana, with the grand finale set for the historic Kensington Oval in Barbados.
ICC Chief Executive Geoff Allardice underscored the event's significance, stating, “This event is historic in so many ways, so it is fitting that the prize money for players reflects that. Hundreds of millions of fans around the world will be entertained by the players in what we’re hoping to be an Out of This World event.”
This announcement marks a new chapter in the ICC Men's T20 World Cup, reflecting the growing popularity and financial investment in the shortest format of the game. As cricket fans worldwide eagerly await the tournament, the 2024 edition promises to be a landmark event in the sport's history.
