ICC have announced the prize money for the ICC Men's T20 World Cup 2022, with the title winners taking home a whopping $US 1.6 million.
The ICC announced that the winning side at the ICC Men's T20 World Cup 2022 in Melbourne on November 13 would receive prize money of $1.6 million, with the runners-up guaranteed half the amount.
At the end of the 16-team tournament that runs for nearly a month, the losing semi-finalists will each get $400,000 from the $5.6 million total prize pool.
The eight teams who exit at the Super 12 stage will receive $70,000 each. Like last year at the ICC Men's T20 World Cup 2021, a win in each of the 30 games in the Super 12 phase will be worth $40,000.
The eight teams that made it directly to the Super 12 phase are Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa.
The other eight teams - Namibia, Sri Lanka, Netherlands, UAE in Group A and West Indies, Scotland, Ireland and Zimbabwe in Group B - are split into two groups of four and will play the first round. For any win in the first round, prize money of $40,000 will be awarded, with the 12 matches amounting to $480,000.
The four teams knocked out in the first round will get $40,000 each.
Prize Money table
|
Winners |
1 |
$ 1,600,000 |
$ 1,600,000 |
|
Runners-Up |
1 |
$ 800,000 |
$ 800,000 |
|
Losing Semi-finalists |
2 |
$ 400,000 |
$ 800,000 |
|
Super 12 Wins |
30 |
$ 40,000 |
$ 1,200,000 |
|
Super 12 Exit |
8 |
$ 70,000 |
$ 560,000 |
|
First Round Win |
12 |
$ 40,000 |
$ 480,000 |
|
First Round Exit |
4 |
$ 40,000 |
$ 160,000 |
|
Total |
|
|
$ 5,600,000 |
*All amounts are in US Dollars.