icc world cup prize money
The ICC T20 cricket world cup is described as a global tournament in which nations engage themselves in this sport in a search to be a winning team and earn the prestigious award. Besides, fans worldwide must be eager to know what is the world cup winning prize in T20 WC 2024.
However, it is seen that the amount provided as the cricket world cup prize money for the tournament is also highly suitable, which further highlights the tournament’s high-stakes category. This financial encouragement, along with the prestige of becoming the world champions of cricket, makes the ICC Cricket World Cup look forward to and opposed to a tournament in the calendar of cricketing events.
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Well, let me tell you one more thing, the prize money for T20 World Cup 2024 has set a record in the history of cricket.
Without further ado, let’s know the ICC World Cup prize money.
How Much Prize Money Did India Receive for Winning the World Cup
A we all know in the finale of T20 World Cup 2024, India won the tournament. Therefore, the ICC has set a prize money for the winning team and for the runner-up. Moreover, the Indian cricket team were announced as a winner of ICC T20 World Cup 2024, hence will be paid the winning amount of $2.45 million, which is equal to Rs 20. 40 crores in Indian rupees.
Apart from that the Indian team also gets extra bonuses. for your knowledge, let me tell you that this amount is the highest prize money in the history. The broken record for the prize money reflects the team’s hard work and dedication throughout the tournament and helps realize the financial rewards and appreciation of the international cricket events.
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Additionally, the prize money for the ODI World Cup in Indian rupees was around 84 crores, out of which the winner received a total of $4 million which is 33 crores in Indian rupees. While the runners-up got $2 million around 16.5 crores in Indian rupees. Eventually, India have clinched the record sum of that amount which gives them evident victory on the international world of cricket.
Complete Prize Money Distribution for T20 World Cup 2024
In the ICC T20 World Cup 2024, apart from the winning team prize money, ICC has provided a complete money distribution for the runner-up, semifinalist and more. As we already discussed the winner of the tournament was given Rs $2. 45 million and the runner-up was given Rs 10. 67 crores.
Thus, the semi-finalist teams were awarded the sum of Rs 6. 40 crore each, and those reaching the top 8 received Rs 3 crore each, for player auctions, Rs 2 crore base price was fixed where the final bid was up to 3 crore and for top 8 it was Rs 2 crore (16 crore per team).
Well, the remaining teams, 9th to 12th participated in the distribution of Rs 2 crore each and teams ranking 13th to 20th were given Rs 1 crore each. Also, there was match winner money of Rs 26 lakh given to the teams for every match that they won in the tournament.
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Conclusion
In conclusion, the money offered to the ICC World cup has risen over time due to the increase in the popularity of cricket all over the world. Here, it becomes evident that massive incentives for players are a motivation for enhancing the perfect standards in international cricket, hence enhancing the promotion and advancement of the game around the globe.
Frequently Asked Questions (FAQs)
1.What is the prize money for the winners of the ICC T20 World Cup 2024?
The prize money for the Winner team of the ICC T20 World Cup is $2.45 million.
2. Who won the ICC T20 World Cup 2024 trophy and prize money?
India won the ICC T20 World Cup 2024 trophy and prize money?
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Sneha khuntia an expert sports writer with 1 year of expertise, adds flair to the game with her dynamic writing skills. My passion for sports is reflected in each article, offering readers insightful analyses and engaging content.
