ICC Increases Women's T20 World Cup Prize Money To Record $7.9 Million

The upcoming Women's T20 World Cup, scheduled for next month, will feature a record prize pool of US$7. million, as announced the International Cricket Council (ICC). significant increase in prize money reflects the ICC's commitment to enhancing the women's game and promoting its growth.

The tournament champions will receive $2.34 million, which is more than double the $1 million to Australia when they won the previous edition in 2023. The runners-up will earn $1.17 million, while each of the ten teams participating in the event is guaranteed a minimum of $112,500.

The UAE is set to host the ICC Women's T20 World Cup 2024 from October 3-20, 2024. This marks the first global women's cricket event in the region, organised with support from Emirates Cricket Board (ECB) and Dubai Sports Council (DSC). Matches will be held across Dubai and Sharjah over an 18-day period.

Earlier this year, India secured $2.45 million for their victory in the men's T20 World Cup. The total prize fund for that event was $11.25 million. The disparity in prize money between the men's and women's events is due to the larger number of teams and matches in the men's tournament.

The ICC has stated that this move aligns with their strategy to prioritise women's cricket and accelerate its development by 2032. "Teams will now receive equal prize money for equivalent finishing positions at comparable events," said an ICC spokesperson.

The prize money for the men's T20 World Cup 2024 remains higher, it is solely due to having 10 additional teams and 32 more matches compared to the women's event.