The International Cricket Council has announced that the winners of the 2021 ICC Men’s T20 World Cup will be awarded a prize money of $1.6 million while the runners-up will take home $800,000.
The two losing semi-finalists will be rewarded a prize money of $400,000 each, according to the official ICC statement .
Overall, a sum of $5.6 million will be allocated for the tournament which will be shared by all the 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 pot 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.
Apart from the prize money for the 2021 edition of the tournament, the ICC also announced a drinks break which will take place during each and every match. The duration of the break will of 2 minutes and 30 seconds and will take place during the halfway mark of each innings.
The 2021 ICC Men’s T20 World Cup will begin in Oman on 17 October (Sunday). The teams have announced their squads for the mega event.