Dubai In a historic decision, the International Cricket Council on Tuesday announced equal prize money for men and women at the World Cups, starting with next month's women's T20 competition, the purse of which has increased by a staggering 225 per cent to 7.95 million dollars. .
The winners of the Women's T20 World Cup will take home $2.34 million from this fund, a 134 per cent increase on the $1 million awarded to the Australian women when they clinched the title in South Africa in 2023, the ICC said in a statement. a statement. .
Men's T20 World Cup champions India had received $2.45 million in prize money earlier this year.
"The ICC Women's T20 World Cup 2024 will be the first ICC event in which women will receive the same prize money as their male counterparts, marking a significant milestone in the history of the sport," the ICC said.
The decision ensures that the ICC achieved its prize equity target seven years ahead of its 2030 timeline.
The runner-up in next month's main event will receive $1.17 million, a 134 per cent increase compared to the $500,000 South Africa received for reaching the final on home soil at the Newlands Cricket Ground.
The two losing semi-finalists will win $675,000 (up from $210,000 in 2023), for a total prize pool of $7,958,080, a whopping 225 percent increase over last year's total pool of $2.45 million.
Each victory during the group stage will see teams take home $31,154, while the six teams that fail to reach the semi-finals will share a pool of $1.35 million depending on their final positions.
By comparison, the equivalent fund for the six teams in 2023 was $180,000, divided equally. Teams that finish third or fourth in their group will take home $270,000 each, while teams that finish fifth in their group will receive $135,000.
"This move is in line with the ICC's strategy to prioritize women's football and accelerate its growth by 2032. Teams will now receive the same prize money for equivalent finishing position in comparable events, as well as the same amount for winning a party at those events," the ICC added.
The ninth edition of the tournament will take place in two venues in the United Arab Emirates (Dubai and Sharjah) from October 3 to 20.
All group stage matches will be completed by October 15. The semi-finals are scheduled for October 17 and 18, followed by the final on October 20.
The winners of the Women's T20 World Cup will take home $2.34 million from this fund, a 134 per cent increase on the $1 million awarded to the Australian women when they clinched the title in South Africa in 2023, the ICC said in a statement. a statement. .
Men's T20 World Cup champions India had received $2.45 million in prize money earlier this year.
"The ICC Women's T20 World Cup 2024 will be the first ICC event in which women will receive the same prize money as their male counterparts, marking a significant milestone in the history of the sport," the ICC said.
The decision ensures that the ICC achieved its prize equity target seven years ahead of its 2030 timeline.
The runner-up in next month's main event will receive $1.17 million, a 134 per cent increase compared to the $500,000 South Africa received for reaching the final on home soil at the Newlands Cricket Ground.
The two losing semi-finalists will win $675,000 (up from $210,000 in 2023), for a total prize pool of $7,958,080, a whopping 225 percent increase over last year's total pool of $2.45 million.
Each victory during the group stage will see teams take home $31,154, while the six teams that fail to reach the semi-finals will share a pool of $1.35 million depending on their final positions.
By comparison, the equivalent fund for the six teams in 2023 was $180,000, divided equally. Teams that finish third or fourth in their group will take home $270,000 each, while teams that finish fifth in their group will receive $135,000.
"This move is in line with the ICC's strategy to prioritize women's football and accelerate its growth by 2032. Teams will now receive the same prize money for equivalent finishing position in comparable events, as well as the same amount for winning a party at those events," the ICC added.
The ninth edition of the tournament will take place in two venues in the United Arab Emirates (Dubai and Sharjah) from October 3 to 20.
All group stage matches will be completed by October 15. The semi-finals are scheduled for October 17 and 18, followed by the final on October 20.