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.
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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|
*All amounts are in US Dollars.