Mumbai: The ICC on Sunday unveiled the prize money of the upcoming T20 World Cup that begins on October 17. According to the financial rewards announced, the winners will get a prize money of $1.6 million while the runners-up will take home $800,000. The ICC release adds that the team which will bow out in the Super12s will be awarded approximately Rs 52.50 lakh. The prestigious tournament will be played in UAE and Oman.
All 16 competing teams will be getting a part of the US $5.6m allocated for the tournament. The two losing semi-finalists will receive $400,000 each. Like in 2016, there will be a bonus amount for every match that teams triumph in the Super 12 stage. The victors in each of the 30 games in that phase will this time win $40,000, a total pot of $1,200,000.
The teams certain to battle it out at the Super 12 stage are Afghanistan, Australia, England, India, New Zealand, Pakistan, South Africa and the West Indies. The eight teams which crash out from the Super 12 stage will automatically receive $70,000 each, a total $560,000.
The same structure remains for the first-round victories – with $40,000 for those winning each of the 12 games, amounting to $480,000.
The four teams that leave after the first round will take $40,000 each from an overall $ 160,000. Bangladesh, Ireland, Namibia, Netherlands, Oman, Papua New Guinea, Scotland and Sri Lanka kick off their campaigns in the first round.
There will be two scheduled drinks intervals (each for 2 minutes and 30 seconds) in every game.