• ICC has announced the record prize money for the Women's T20 World Cup 2024.

  • The marquee event will take place in the UAE from October 3 to 20.

Complete details of the record prize money for Women’s T20 World Cup 2024
Complete details of the prize money for the ICC Women's T20 World Cup 2024 (PC: X)

The International Cricket Council (ICC) has announced a landmark increase in prize money for the upcoming Women’s T20 World Cup 2024, set to take place from October 3 to October 20 in the United Arab Emirates (UE). This edition of the tournament will feature a record total prize pool of $$7,958,080, marking a significant 225% increase from the previous year’s fund of $2.45 million.

Historic prize money at the Women’s T20 World Cup 2024

This tournament is particularly notable as it represents the first time in cricket history that women will receive equal prize money to their male counterparts in World Cup events. The ICC had set a target for achieving this equality by 2030 but has successfully reached it six years ahead of schedule, making cricket the first major team sport to implement such a policy.

Breakdown of prize money

The winners of the Women’s T20 World Cup will receive $2.34 million, which is more than double the $1 million awarded to Australia for winning the 2023 edition. The runners-up will take home $1.17 million, also a substantial increase from the $500,000 given to South Africa in the last tournament.
Additionally, the two losing semi-finalists will earn $675,000 each, up from $210,000 in 2023. Each of the ten participating teams is guaranteed at least $112,500, ensuring that all teams benefit from their participation.

Also READ: ICC announces warm-up fixtures for the Women’s T20 World Cup 2024

The Women’s T20 World Cup 2024 will feature ten teams competing in 23 matches across venues in Dubai and Sharjah. The opening match will see Bangladesh face Scotland at Sharjah Cricket Stadium on October 3. A minor schedule adjustment has been made for October 5, with Australia playing Sri Lanka in the afternoon followed by Bangladesh taking on England in the evening.

ICC’s commitment to women’s cricket

The ICC’s decision to significantly increase prize money aligns with its broader strategy to prioritize women’s cricket and accelerate its growth by 2032. This initiative includes equalizing prize money for equivalent finishing positions at similar events and ensuring equal amounts for match victories.
The ICC’s commitment is further illustrated by comparing this year’s prize money with that of past tournaments. The increase reflects a growing recognition of women’s contributions to cricket and aims to attract more fans and sponsors to women’s events.

Also READ: Here are the ticket price details for the Women’s T20 World Cup 2024

TAGS:

CATEGORY: Featured T20 World Cup

For latest women cricket news and updates, Follow Us.

About the Author:
Anirudh is the Head of Content at CricketTimes.com. He is a seasoned journalist and content writer with 12 years of experience in the field of cricket. With over 9,000 published articles under his belt, Anirudh brings a creative and strategic approach to his work, always striving to deliver content that resonates with audiences. A die-hard sports fan who loves playing, watching and talking about cricket. Cricket is his Religion & 'Sachin Tendulkar' his GOD. His motto of life is Eat, Sleep, Cricket, REPEAT!! You can write to him at anirudh@crickettimes.com and follow him on Twitter, Facebook & Linkedin.