T20 World cup 2024: what is the prize money for the winners and runner up

t20 world cup 2024: what is the prize money for the winners and runner up

T20 World cup 2024: what is the prize money for the winners and runner up

NEW DELHI: India and South Africa are set to face off in a thrilling encounter at the Kensington Oval in Barbados on Saturday, vying for the prestigious T20 World Cup 2024 championship.

Fresh off a commanding 68-run triumph over the reigning champion, England, India is determined to secure its second T20 title. On the other hand, South Africa finds itself in uncharted waters, making its debut appearance in a T20 World Cup final.

The victorious team will be rewarded with a substantial prize of $2.45 million, equivalent to Rs. 20.42 crore. The runner-up, while falling short of the ultimate goal, will still receive a commendable sum of $1.28 million, or Rs. 10.67 crore, which is half the amount awarded to the champion.

England and Afghanistan, the unfortunate semi finalists, will each collect $787,500, translating to Rs 6.56 crore. The ICC has allocated an unprecedented total prize pool of $11.25 million, or Rs. 93.80 crore, for this edition of the T20 World Cup.

Teams that were eliminated in the second round will receive $382,500 each, or Rs. 3.18 crore, while those placing between ninth and 12th will earn $247,500 each, or Rs. 2.06 crore. The remaining teams, ranked from 13th to 20th, will be awarded $225,000, or Rs. 1.87 crore.

Moreover, each team will receive an additional $31,154 (Rs. 26 lakh) for every match won, excluding the semi finals and finals.

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