The International Cricket Council (ICC) on Friday announced the prize money for the upcoming T20 World Cup 2022, with the title winners taking home a whopping $1.6 million. The apex cricket body stated in an official press release: “The ICC has announced that the winning side at the 2022 ICC Men’s T20 World Cup in Melbourne on November 13 would receive a prize pool of $1.6 million, with runners-up would get half the amount.”
At the conclusion of the 16-team tournament, which lasts almost a month, the losing semifinalists will each receive $400,000 of the total prize pool of $5.6 million.
The eight teams that exit the Super 12 stage will receive $70,000 each. Like last year at the 2021 ICC Men’s T20 World Cup, a win in each of the 30 matches in the Super 12 stage will be worth $40,000.
“The eight teams that have made it straight to the Super 12 stage are Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa,” an official release said.
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The other eight teams – Namibia, Sri Lanka, Netherlands, United Arab Emirates in Group A and the West Indies, Scotland, Ireland and Zimbabwe in Group B – are split into two groups of four and will play the first round. A prize pool of $40,000 will be awarded for each first-round win, with the 12 matches being $480,000.
The four teams eliminated in the first round will receive $40,000 each.
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