T20 World Cup 2021: ICC announces prize money for the tournament

T20 World Cup 2021: ICC announces prize money for the tournament

The tournament is set to start on October 17.

T20 WC 2021
T20 WC 2021. (Photo by Jason McCawley/Getty Images)

The winners of the ICC Men’s T20 World Cup 2021 will take home a winners’ cheque of $1.6 million while the runners up will get half that amount, the International Cricket Council confirmed today. All 16 competing teams will receive part of the US $5.6m allocated as prize money for the tournament, which will be played in the United Arab Emirates and Oman from 17 October to 14 November.

The two losing semi-finalists will receive $400,000 each from the games taking place on 10 and 11 November. As in 2016, there will be a bonus amount for every match that teams win in the Super 12 stage. The victors in each of the 30 games in that phase will this time win $40,000, a total pot of $1,200,000.

The teams confirmed to be competing in the Super 12 stage are Afghanistan, Australia, England, India, New Zealand, Pakistan, South Africa, and the West Indies. The eight teams whose ICC Men’s T20 World Cup campaigns end at that stage will automatically receive $70,000 each, totally $560,000.

The same structure is in place for the first-round victories – with $40,000 available to those who win each of the 12 games, amounting to $480,000. The four teams knocked out in the first round will take $40,000 each from an overall $ 160,000.

Teams whose campaigns begin in the first round are Bangladesh, Ireland, Namibia, Netherlands, Oman, Papua New Guinea, Scotland, and Sri Lanka. The qualifying round is set to begin on October 17 in Oman and Abu Dhabi. The opening game will be played between the hosts Oman and Papua New Guinea while Bangladesh and Scotland will lock horns in the second game of the day.

Meanwhile, there will be two scheduled Drinks Intervals in each ICC Men’s T20 World Cup game. They will last for 2 minutes, 30 seconds and will be taken at the midpoint of each innings.

Here’s the detailed prize money:

No. of Teams Prize Money
Winners 1 $1600000 (INR 12 crore)
Runners-Up 1 $800000 (INR 6 crore)
Losing Semi-finalists 2 $400000 (INR 3 crore) each
Round 2 Wins 30 (Matches) $40000 (INR 30 lakh) for each team winning a game
Round 2 Exit 8 $70000 (INR 52.59 lakh) each
Round 1 Win 12 (Matches) $40000 (INR 30 lakh) for each team winning a game

Check the latest updates of the T20 World Cup schedule, T20 World cup Teams and Squads, T20 World Cup Points table, and more on CricTracker.