The winner of the men’s T20 World Cup 2022 will take home a prize money of 1.6 million dollars while the runners-up will get half of the winning amount, said the International Cricket Council (ICC) on Friday. The ICC also said that the two losing semifinalists will receive 400,000 dollars each from the matches taking place on November 9 and 10.
The apex cricket body in an official media release stated: “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 USD 1.6 million, with the runners-up guaranteed half the amount.”
All the 16 competing teams in the tournament will receive part of the 5.6 million dollars allocated as prize money for the tournament, which will be played in the Australia from October 16 to November 13.
Just like the 2016 edition of the tournament, there will be a bonus amount for every match that a team wins in the Super 12 stage. The winning team in each of the 30 games in that phase will this time win 40,000 dollars, a total pot of 1,200,000 dollars.
The eight teams whose men’s T20 World Cup campaigns end at Super 12 stage will automatically receive 70,000 dollars each, totalling to 560,000 dollars. The same structure is in place for the first-round victories — with 40,000 dollars available to those who win each of the 12 games, amounting to 480,000 dollars.