International Cricket Council (ICC) has announced a huge pool of prize money for the teams participating in the ICC 2021 T20 World Cup.
The winners of the mega event will be awarded prize money of US $1.6 million while the runners-up will take home $800,000. The two losing semi-finalists will be rewarded prize money of $400,000 each.
Overall, a sum of $5.6 million will be allocated for the tournament which will be shared by all 16 participating teams.
The ICC will also continue to award a bonus amount for every win during the Super 12 stage of the tournament, as was the case during the 2016 edition of the tournament. The victors during all the 30 matches during the Super 12 stage will take home an amount of $40,000 — amounting to a total of $1,200,000.
The teams which get knocked out in the Super 12 stage will be awarded $70,000 each, amounting to a total sum of $560,000.
The same set-up is in place to reward teams during their Round 1 victories, where again, they will be rewarded $40,000 during the 12 matches during the stage, totaling $480,000. The four teams which get knocked out during round one will get $40,000 each from an overall prize pool of $160,000.
The eight teams participating in Round 1 will are Bangladesh, Ireland, Namibia, Netherlands, Oman, Papua New Guinea, Scotland, and Sri Lanka. Meanwhile, Afghanistan, Australia, England, India, New Zealand, Pakistan, South Africa, and West Indies are the eight confirmed teams for the Super 12 stage of the tournament in the UAE and Oman.
