T20 World Cup 2022: ICC announces prize money for world champions

Australia, T20I, India — Image Source : INDIA TV ICC announces prize money for world champions

Highlights

ICC T20 World Cup begins on October 16, 2022
Australia are the defending champions of the title
India will play their first match against Pakistan on October 23, 2022

T20 World Cup 2022: With just 16 days to go for the much-awaited tournament of the year, the International Cricket Council (ICC) has announced the prize money for the upcoming marquee event. The global cricketing fraternity has announced that the winning side at the ICC Men's T20 World Cup 2022 in Melbourne on November 13 would receive a whopping amount of $1.6 million. The runners-up will receive half the amount. This is one long tournament with 16 teams competing for the world championship glory.

The prize money is not only for the winners and the runners-up, but the semi-finalists too would be felicitated with $400,000 from the $5.6 million total prize pool. The ICC has a certain amount assigned to the teams who exit at the Super 12 stage. The eight teams who make an early exit will receive $70,000 each. Following the pattern effectuated last year at the ICC Men's T20 World Cup 2021, a win in each of the 30 games in the Super 12 phase will earn the winning team an amount of $40,000.

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As of now, the eight teams that have made it to the Super 12 phase without any hassle are Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan, and South Africa. There are other eight teams, Namibia, Sri Lanka, Netherlands, and UAE are in Group A. On the other hand, there are West Indies, Scotland, Ireland, and Zimbabwe are in Group B. These teams will play the qualifier first up before they can head into the main tournament and rub shoulders with the big boys of the global cricketing scene.