ICC Announced: T20 World Cup 2021 Prize Money

ICC Announced: T20 World Cup 2021 Prize Money

The T20 World Cup starts on October 16. Not everyone in this 16-team tournament, most of the teams will come down with the dream of winning the World Cup. There is nothing greater than the recognition of the world! But it is not bad to get something extra with it. The ICC announced the 'excess' today.

It is not only the winners who will return home smiling. The ICC has made an arrangement to pay eight lakh dollars to alleviate the grief of the team that could not win the title even after reaching the final. And the two teams that lost in the two semi-finals will get four lakh dollars.

Overall, a sum of $5.6 million will be allocated for the tournament which will be shared by all the 16 participating teams.

The ICC will also continue to award a bonus amount for every win during the Super 12 stage of the tournament, as was the case during the 2016 edition of the tournament. The victors during all the 30 matches during the Super 12 stage will take home an amount of $40,000 — amounting to a total pot of $1,200,000.

The teams which get knocked out in the Super 12 stage will be awarded $70,000 each, amounting to a total sum of $560,000.

The same set-up is in place to reward teams during their Round 1 victories, where again, they will be rewarded $40,000 during the 12 matches during the stage, totalling $480,000. The four teams which get knocked out during round one will get $40,000 each from an overall prize pool of $160,000.