CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: In a landmark decision, the International Cricket Council on Tuesday announced equal prize money for men and women in World Cups, starting with next month’s women’s T20 showpiece, the purse for which has been hiked by a staggering 225 per cent to USD 7.95 million.
The winners of the women’s T20 World Cup will walk away with USD 2.34 million from this fund, a 134 per cent increase on the USD one million awarded to Australian women when they clinched the title in South Africa in 2023, said the ICC in a statement.
Men’s T20 World Cup champions India had received USD 2.45 million in cash prize earlier this year.
“The ICC Women’s T20 World Cup 2024 will be the first ICC event where women will receive the same prize money as their male counterparts, marking a significant milestone in the sport’s history,” said the ICC.
The decision ensures that the ICC reached its prize money equity target seven years ahead of its schedule of 2030.
The runners-up at the showpiece event next month will get USD 1.17 million, an increase of 134 per cent in comparison to the USD 500,000 South Africa received for reaching the final on home soil at Newlands Cricket Ground.