In a historic announcement on Tuesday (September 17), the International Cricket Council (ICC) said that the women’s T20 World Cup 2024 prize money will be the same as given to the men’s winners earlier in the year. At the ICC’s annual conference in July, a decision was made.
The tournament will occur in the United Arab Emirates (UAE), and the winners will take home USD 2.34 million. This represents a massive 134% increase over the USD 1 million that Australia received when it won its sixth title in South Africa in 2023. Similarly, the runners-up will now receive USD 1.17 million, a 134% increase over the USD 500,000 South Africa received for making it to its first-ever home final.
The two losing semi-finalists will now receive USD 675,000 apiece (compared to USD 210,000 in 2023), and the total prize money will be USD 7,958,080, a 225% increase over the USD 2.45 million awarded in the previous edition.
This means that, almost seven years ahead of the governing body’s initial schedule of 2030, the ninth edition of the Women’s T20 World Cup is the first event in the history of the ICC to achieve prize money equity. To search for more cricket highlights, I need a BetPro log in.
“This move is in line with the ICC’s strategy to prioritize the women’s game and accelerate its growth by 2032,” the International Cricket Council said. Teams will now be awarded the same amount for winning a match at comparable events and placing similarly in the standings.
The prize money for the ICC Men’s T20 World Cup 2024 event has only increased because 32 more matches and 10 more teams are competing.”
The individual game winners in the group stages will receive USD 31,154, and the six teams eliminated before the semifinals will split a pool of USD 1.35 million based on their standings.
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This is a change from the USD 180,000 pool split equally in 2023. While the teams that place fifth in their respective groups will receive USD 135,000, the third or fourth teams will receive USD 270,000 each.
According to a minor schedule change announced by the ICC, the October 5 doubleheader in Sharjah will now feature Australia playing Sri Lanka in the afternoon and Bangladesh playing England in the evening.