T20 World Cup Prize Money Team India.
The Indian team has emerged victorious in the T20 World Cup 2024, clinching the title in a thrilling final against South Africa in Barbados. Team India triumphed by seven runs, marking a significant achievement in the cricketing world. The International Cricket Council (ICC) had announced a substantial prize money pool before the tournament began, which greatly benefited Team India. The total prize money for this year’s T20 World Cup was set at ₹93.8 crores (approximately $11.25 million USD), the highest in the history of ICC tournaments. This exceeds the prize pool of ₹82.33 crores (around $10 million USD) allocated for the ODI World Cup held in India last year.
Prize Money Breakdown.
The world champion Indian team has been awarded ₹20.26 crores ($2.45 million USD), the largest sum ever given to a T20 World Cup-winning team. The prize distribution for other teams is as follows:
- Runners-up: South Africa received ₹10.64 crores ($1.88 million USD).
- Semi-finalists: Afghanistan and England each secured ₹6.44 crores.
- Super Round exits: Australia, Bangladesh, West Indies, and USA teams, who were eliminated in the Super Eight round, received ₹3.17 crores each.
- Ninth to Twelfth place finishers: Each team was awarded ₹2.5 crores.
- Thirteenth to Twentieth place finishers: Each team received ₹1.87 crores.
In addition, every team was given an extra ₹25.89 lakhs for each match won in the tournament, excluding the semi-finals and finals.
Historic Participation.
This year’s T20 World Cup saw participation from a record twenty teams, making it the largest T20 World Cup to date. The expansive participation contributed to the substantial prize pool and the competitive nature of the tournament.
Conclusion.
The 2024 T20 World Cup has set a new benchmark in terms of prize money and participation. Team India’s victory and the subsequent financial rewards highlight the growing prestige and competitiveness of T20 cricket on the global stage. The record-breaking prize money not only celebrates the winners but also ensures that all participating teams are recognized for their efforts, contributing to the sport’s development worldwide.