The International Cricket Council (ICC) has made a landmark announcement regarding the prize money for the upcoming ICC Women’s T20 World Cup 2024, set to take place in the UAE from October 3 to 20. The total prize pool has been raised to an impressive USD 7,958,080—more than double that of the 2023 edition—reflecting the ICC’s commitment to promoting women’s cricket.
Significant Increase in Prize Money
This substantial increase in prize money ensures that the winners of the Women’s T20 World Cup will receive USD 2.34 million, marking a remarkable 134% rise from the USD 1 million awarded to Australia when they claimed victory in 2023. Similarly, the runners-up will also benefit from a significant increase, securing USD 1.17 million compared to USD 500,000 in the previous tournament.
The semi-finalists will not be left behind either; they will each receive USD 675,000, which is more than three times their payout from last year. This change underscores the ICC’s dedication to ensuring that women’s cricket receives equal recognition and support.
Rewards for Group Stage Performances
The prize money structure extends beyond just the knockout stages. Each group stage victory will now be rewarded with USD 31,154, reflecting a 78% increase from last year’s payout of USD 17,500. This ensures that teams have a financial incentive to perform well throughout the tournament.
Moreover, all ten participating teams will receive a base prize of USD 112,500, totaling USD 1.125 million. This initiative guarantees that every team leaves with substantial support for their participation, regardless of their performance in the tournament.
Teams finishing fifth to eighth will earn USD 270,000 each, while those ending up ninth and tenth will secure USD 135,000 each. These changes highlight the ICC’s commitment to fostering and recognizing women’s cricket on a global scale.
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A Step Towards Gender Equality in Sports
“This move is in line with the ICC’s strategy to prioritize the women’s game and accelerate its growth by 2032,” stated an ICC representative. The governing body aims to ensure that teams receive equal prize money for equivalent finishing positions at comparable events and match winnings.
Notably, while the men’s T20 World Cup event has higher prize money due to additional teams and matches played, this initiative marks a significant step towards achieving gender equality in sports.
The ninth edition of the Women’s T20 World Cup will be held across two venues in the UAE—Dubai and Sharjah. All group matches are scheduled to be completed before October 15, with semi-finals taking place on October 17 and 18. The ultimate showdown for the Women’s T20 World Cup trophy will occur on October 20.
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