How Much Prize Money Did Each Team get at ICC World Cup 2023?

Breakdown of Prize Money for ICC World Cup 2023 Revealed

November 21, 2023: In a thrilling conclusion to the ICC Cricket World Cup 2023, cricket enthusiasts around the globe are not only celebrating the spectacular performances on the field but are also eager to know the monetary rewards reaped by the participating teams. The International Cricket Council (ICC) has officially disclosed the prize money distribution for the tournament, highlighting the financial gains achieved by each competing nation.

Champion’s Bounty:

The ultimate victors, the team that clinched the ICC World Cup 2023 trophy, have bagged a staggering prize of USD 4 million. This substantial sum is a testament to their outstanding cricketing prowess and strategic brilliance exhibited throughout the tournament.

Runner-Up Riches:

The runners-up in the tournament did not leave empty-handed either. The team that fell just short of the championship glory will receive a handsome prize of USD 2 million, recognizing their commendable journey and valiant efforts.

Semi-Final Standouts:

Moving down the ranks, the two semi-finalists, although falling short of reaching the final, have earned noteworthy consolation prizes. Each of these teams will be awarded USD 1 million for their impressive performances in the tournament.

Quarter-Final Quarters:

The quarter-finalists, who made it to the knockout stage, have secured a respectable prize of USD 500,000 each. This financial acknowledgment serves as a recognition of their achievement in reaching the latter stages of the competition.

Group Stage Gratuities:

Even teams that exited the tournament in the group stage are not left without financial reward. Each participating team in the group stage will receive a participation fee of USD 250,000, reflecting the value placed on their contribution to the overall spectacle of the ICC World Cup 2023.

Individual Accolades:

In addition to team prizes, the ICC has also announced individual awards for outstanding performances. The Player of the Tournament will receive USD 100,000, and various accolades for best batsman, best bowler, and other outstanding performances will be rewarded with USD 50,000 each.

The prize money distribution for the ICC World Cup 2023 underscores the significant financial stakes involved in international cricket, providing not only glory on the field but substantial rewards for the teams and players who excel on the global stage.

Read more Business News at SugerMint. Follow us on Twitter, Instagram, Facebook, LinkedIn