ICC have announced the prize money for the ICC Women’s T20 World Cup 2024 which is the record prize money. The marquee event will take place in the United Arab Emirates from 3 October 2024 to 20 October 2024.
The International Cricket Council (ICC) have announced a landmark increase in prize money for the upcoming Women’s T20 World Cup making the record total prize pool of $7,958,080. It marks a significant 225% increase from the previous year’s prize pool of $2.45 million.
Historic prize money
This time the tournament is particularly notable as it represents the first time in cricket history that women will receive equal prize money to their male counterparts in World Cup events. The ICC had a target of achieving this equality by 2030 but with this historic prize money, ICC have successfully reached it six years ahead of schedule. Cricket has been the first major team sport to implement such a policy.
Breakdown of prize money
The winners of the Women’s T20 World Cup will receive a total of $2.34 million. It is more than double the $1 million awarded to Australia for winning the 2023 edition.
The prize money for runners-up will be #1.17 million. It also has a substantial increase from the $500,000 given to South Africa in the last tournament.
The losing semi-finalists also have a increased prize money making it $675,000, up from $210,000 in 2023.
Each of the ten participating teams will receive at least $112,500 which ensures that all the teams participating in the world cup benefit from their participation.
