T20 World Cup prize money announced

The International Cricket Council (ICC) today announced the prize money for the upcoming T20 World Cup in Dubai with the winners taking away $1.6 million while the runners-up will bag $800,000.

The two losing semi-finalists will be rewarded a prize money of $400,000 each. Overall, a sum of $5.6 million will be allocated for the tournament which will be shared by all the 16 participating teams.

The winner of each match in the Super 12 stage would get $40,000 with the total pot amounting to $1,200,000. Teams getting knocked out in the Super 12 stage would get $70,000 each, amounting to a total sum of $560,000.

The winners in the round 1 qualifiers where Bangladesh will also feature in Group B, will be rewarded $40,000, the pot 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.