Big Breaking: ICC Announces Record-Breaking Prize Fund for Men’s T20 World Cup 2024

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The International Cricket Council (ICC) has unveiled a historic prize fund of $11.25 million for the Men’s T20 World Cup 2024, marking a significant increase from previous tournaments. This unprecedented prize pool is set to distribute substantial financial rewards across all participating teams, incentivizing high-level performance and competition.

Top Prizes:

  • Champions: The winners of the tournament will take home a staggering $2.45 million.
  • Runners-Up: The second-place team will be awarded $1.28 million.
  • Semi-Finalists: Each of the losing semi-finalists will receive $787,500.

Additional Rewards:

  • Second Round Exit: Teams eliminated in the second round will earn $382,500 each.
  • Ninth to Twelfth Place: Teams finishing in these positions will receive $247,500 each.
  • Thirteenth to Twentieth Place: Teams ranked between 13th and 20th will take home $225,000 each.

Match Wins Bonus:
In a unique addition, the ICC has also announced that every team will receive an extra $31,154 for each match victory, excluding wins in the semi-finals and final. This bonus aims to reward consistent performance throughout the tournament.

The ICC’s announcement underscores its commitment to enhancing the global appeal and competitive spirit of the T20 format. This substantial financial boost is expected to drive excitement and elevate the standard of cricket on display, making the Men’s T20 World Cup 2024 a highly anticipated event in the cricketing calendar.

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