October, 11, 2021
The ICC said that the winners of the T20 World Cup will take home a cheque of 1.6 million dollars while the runners-up will get half that amount.
IndiaToday - The International Cricket Council (ICC) on Sunday announced that the winner of the men's T20 World Cup 2021 will take home prize money of 1.6 million dollars while the runners-up will get half of the winning amount.
"The winners of the 2021 ICC Men's T20 World Cup will be awarded prize money of $1.6 million while the runners-up will take home $800,000," the ICC's statement read. The release adds that the team which will crash out in the Super12s will be awarded Rs 52.50 lakh (approx).
All 16 competing teams will receive part of the US $5.6m allocated as prize money for the tournament, which will be played in the United Arab Emirates and Oman from 17 October to 14 November.
The two losing semi-finalists will receive $400,000 each from the games taking place on 10 and 11 November.
As in 2016, there will be a bonus amount for every match that teams win in the Super 12 stage. The victors in each of the 30 games in that phase will this time win $40,000, a total pot of $1,200,000.
The teams confirmed to be competing in the Super 12 stage are Afghanistan, Australia, England, India, New Zealand, Pakistan, South Africa, and the West Indies.