Here’s How Much Prize Money ICC T20 World Cup 2021 Winners Take Away
The ICC T20 World Cup 2021 is finally back, thanks to the lockdown restrictions getting lenient across the globe. Last year the World Cup was postponed due to the pandemic, so it is quite obvious that this season is going to be quite an exciting season for all. 16 International cricket teams are competing this year to bring home the prize money that comes with the shining T20 World Cup trophy.
The ICC T20 World Cup began on October 17 and will go on till November 14. Starting October 23, the competition will begin between the teams who will battle it out on the cricket ground to reach the finals. The semifinals then take place on November 10 and 11, and the final match will take place on November 14 in place in Oman and the United Arab Emirates.
The Indian Cricket team squad includes KL Rahul, Ishan Kishan, Virat Kohli (captain), Rishabh Pant (wk), Suryakumar Yadav, Hardik Pandya, Ravichandran Ashwin, Rahul Chahar, Bhuvneshwar Kumar, Jasprit Bumrah, Mohammed Shami, Shardul Thakur, Varun Chakaravarthy, Rohit Sharma, Ravindra Jadeja.
Unlike IPL, each team participating in the World Cup receives a sum of cash, even the teams that are eliminated in Round 1. The total money, which sums upto US $5.6 million, is distributed amongst 16 competing teams. The winners of this year’s T20 World Cup will receive $1.6 million. The winning team will be the only team to receive at least $1 million.
The lowest amount of money that a team can take home is $40,000, which is the match fee and is given to all the teams in Round 1, regardless of whether they win or lose in the rounds ahead. If a team wins during Round 1, it receives $40,000 for each win. Similarly, if a team wins in Round 2, it gets $40,000 for each win.
In other news, the India VS Australia match took place today with the Indian Cricket Team winning the match.