admin The International Cricket Council (ICC) has set a new milestone by announcing a staggering prize purse of USD 11.25 million (approx INR 93.5 crore) for the upcoming 2024 T20 World Cup. This is a significant increase from the previous edition, where the total prize pool was USD 5.6 million. With winners guaranteed at least USD 2.45 million (approx INR 20.36 crore) and runners-up receiving a minimum of USD 1.28 million (approx INR 10.36 crore), this edition boasts the highest prize money in the tournament’s history.
In addition to the hefty cash rewards for the winners and runners-up, the semi-finalists who do not advance to the final will each receive USD 787,500. Furthermore, the four teams that fail to make it out of the Super 8s will earn USD 382,500 each, while the teams placed ninth, tenth, eleventh, and twelfth will receive USD 247,500 each. Participants who finish in the thirteenth to twentieth positions will return with USD 225,000 each. Every match victory outside the semi-finals and final will earn the teams an additional $31,154. This prize distribution ensures that even teams finishing in lower positions receive substantial payouts, reflecting the ICC’s commitment to supporting all participating teams.
Expanding Horizons: The Largest T20 World Cup Yet
The 2024 T20 World Cup, spanning 28 days across nine venues in the West Indies and USA, promises to be the biggest in the tournament’s history. A record 20 teams, including debutants USA, Canada, and Uganda, will vie for glory in the 55-match event. The format features 40 first-round matches determining the top eight teams that will progress to the Super 8s. Following this, four teams will qualify for the semi-finals, which will be held in Trinidad and Tobago and Guyana, culminating in the grand final in Barbados.
ICC Chief Executive Geoff Allardice expressed his anticipation for the historic event, highlighting the significance of the substantial prize money in recognising the players’ contributions and the global excitement surrounding the tournament. He noted that the event’s scale and competitive nature would captivate hundreds of millions of fans worldwide, making it a truly remarkable spectacle.
As anticipation builds and teams gear up for battle, the 2024 T20 World Cup is poised to deliver a spectacle of cricketing excellence and unforgettable moments on the field. This historic event promises to set new standards in the world of cricket, providing thrilling entertainment for fans and substantial rewards for the participating teams. The ICC’s announcement underscores its commitment to promoting and celebrating the sport, ensuring that the 2024 T20 World Cup will be a landmark event in cricket history.
Magazine 
