The competition winners are guaranteed to receive a minimum of $2.45 million (USD) from the total prize pool of $11.25 million, while the runners-up will be awarded at least $1.28 million. Additionally, each participating team is assured a minimum of $225,000 for participating in the event.
20-team tournament
In the upcoming ninth edition of the ICC Men’s T20 World Cup, the victorious team in the 20-team tournament will be awarded a minimum prize of $2.45 million, marking the highest prize money ever offered in the tournament’s history.
Additionally, the winning team will be honoured to lift the trophy at the prestigious Kensington Oval in Barbados on 29 June. The runners-up will receive a minimum of $1.28 million, while the losing semi-finalists will each walk away with $787,500 from the total prize fund of $11.25 million.
$382,500 each
The four teams that don’t make it out of the Super 8s for the tournament will receive $382,500 each. Meanwhile, the teams placed 9th, 10th, 11th, and 12th will receive $247,500 each. For participants finishing 13th to 20th place, the amount awarded will be $225,000.
Furthermore, each team will earn an additional $31,154 for every match they win, except for the semi-finals and final. This bonus is awarded based on the team’s performance in the group stage, where each win adds to their total earnings.
55 matches
This mega ICC T20 World Cup event will span across 28 days, consisting of 55 matches. The matches will take place at nine different venues located in the West Indies and the USA, showcasing the global reach and appeal of the tournament. This edition of the T20 World Cup is set to be the biggest one yet.
Exciting format
Get ready for an exhilarating tournament format! This year’s ICC Men’s T20 World Cup will kick off with 40 first-round matches, setting the stage for intense competition.
The top eight teams will then battle it out in the Super 8s stage, leading to a nail-biting semi-finals hosted in Trinidad and Tobago and Guyana. The tournament will reach its climax with the final match in Barbados, where the 2024 men’s champions will be crowned, promising a thrilling end to this year’s event.
Geoff Allardice, the Chief Executive of the ICC, emphasized the historic significance of this event, being the ninth edition of the prestigious ICC Men’s T20 World Cup.
He also highlighted the substantial prize money, which not only recognises the players’ efforts but also serves as a significant financial boost for their careers. He expressed hope that the tournament will captivate the imagination of hundreds of millions of fans worldwide, making it an ‘Out of This World’ event.
