The 2022 ICC T20 World Cup will be held in the UAE and Oman. More teams will be participating in the tournament this year. A total of 45 matches were played between 16 teams. Papua New Guinea and Oman play a major tournament for the first time, and they qualify. T20 world cup prize money increased for the 2022 tournament by the International Cricket Council.
Approximately 2-3 months before the tournament, the official announcement of the t20 world cup prize money is made. It is also important to know how much money qualified teams received. Both the men’s and women’s tournament prize money increased from the previous season. In 2016, $3.5 million was shared by the winning team. The tournament’s prize money may increase.
ICC Men’s T20 World Cup winners will receive the US $1.6 million in prize money, while runners-up will receive the US $800,000.
Prize money of $400,000 each will be awarded to the losing semi-finalists.
In total, $5.6 million will be allocated for the tournament, which will be shared among the 16 participating teams.
A bonus amount will also be awarded to every team that wins during the Super 12 stage of the tournament, as was the case during the 2016 edition. During the Super 12 stage, each of the 30 winners will be awarded an amount of $40,000 – adding up to a grand total of $1,200,000.
Teams that are knocked out in the Super 12 will receive $70,000 each, for a total sum of $560,000.
In addition, teams will be rewarded with $40,000 during their 12 matches during the Round 1 stage, totaling $480,000. From a total prize pool of $160,000, the four teams eliminated during round one will receive $40,000 each.
PRIZE MONEY OF ICC T20 MEN’S WORLD CUP 2022
Prize Money table:
Winners – $ 1,600,000
Runners-Up – $ 800,000
Losing Semi-finalists – $ 400,000 each
Round 2 Wins – 3x 40,000 = $ 1,200,000
Round 2 Exit – 8×70,000 = $ 560,000
Cricket development players will not receive any prize money from the winning team. The sponsor of the tournament gives them only the man of the match and cash awards. A $1 million prize was awarded to Sri Lanka in last year’s tournament. A $6 million profit was earned by West Indies in 2016.
According to trusted cricket sources, below is the prize money for the event. Broadcasters have been confirmed to broadcast the matches from the T20 world cup in 2022.