In an exciting announcement, the International Cricket Council (ICC) revealed that the winning team of the T20 World Cup will receive a cash prize of USD 2.45 million. The Board of Control for Cricket in India (BCCI) will also be awarding the triumphant Indian squad a bonus of INR 125 crore (approximately USD 15 million). This news was shared by BCCI Secretary Jay Shah on social media following India’s thrilling final victory against South Africa in Barbados.
Shah praised Team India for their exceptional talent, determination, and sportsmanship throughout the tournament. He congratulated the players, coaches, and support staff for their outstanding achievement. The ICC’s cash prize is the highest in the history of the men’s T20 World Cup, with each match won by a team earning them an additional $31,154, excluding the semi-finals and finals.
The total prize money for the tournament has more than doubled from USD 5.6 million in 2022 to USD 11.25 million this year, resulting in increased awards for all 20 participating teams. As runners-up, South Africa won USD 1.28 million, while losing semi-finalists Afghanistan and England received USD 787,500 each.
The increase in prize money is a positive development for all teams involved in the T20 World Cup, providing additional rewards for their efforts on the field. Fans can download the app now to stay updated on all the latest news and updates from the world of cricket.
In conclusion, it is great to see that cricket has become such a lucrative sport with substantial monetary rewards given to teams that perform well in international tournaments like T20 World Cup. This increase in prize money will undoubtedly motivate players to strive harder and give their best performance on field every time they represent their respective countries or teams.
