The ICC announces increased prize money for the T20 World Cup 2024
The winners of the ICC men's T20 World Cup 2024 are going to get the highest amount in the history of the tournament. In the 9th edition of the tournament, we are going to see 20 teams competing with each other in 28 days across nine continents, including the West Indies and the USA. This makes it the largest event of its kind.
The runner-ups are going to earn at least $1.28 million, while the losing semi-finalists will take home $787,500 each. Teams that do not advance past the second round will receive $382,500 each, and those finishing between ninth and 12th place will get $247,500 each.
Teams that rank from 13th to 20th place will each earn $225,000. Additionally, every team will receive an extra $31,154 for each match won, excluding the semi-finals and finals.
The tournament is going to get started with 40 matches in the first round, followed by the Super 8s, followed by the semi-finals in Trinidad and Tobago and Guyana. The final match will take place at the Kensington Oval in Barbados, where the 2024 men’s champions will be crowned.