The International Cricket Council (ICC) has announced the prizemoney for next month’s Women’s T20 World Cup will more than double that of the tournament’s last instalment.
With a total prize pool of $11,777,560 on offer, the purse is at least twice as high as the 2023 edition held in South Africa.
As a result, the winning team will take away $3,463,083 — a 134 per cent increase on 2023’s figure.
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The tournament’s runners-up will also enjoy a 134 per cent increase, pulling in $1,731,015.
At the 2023 Women’s T20 World Cup, Australia earned $1 million as the winner while runners-up South Africa received $500,000.
Semi-finalists in 2024 will receive $998,000 each — a raise of more than three times the previous amount.
The prize money will also extend beyond the knockout stages with each group stage win to be rewarded with $46,092 — a 78 per cent increase.
Furthermore, no team will leave the tournament empty-handed with a base prize of $166,443 awarded to all 10 participating teams.
Following the group stage, teams that finish fifth to eighth will earn $399,470 each, and teams finishing ninth and 10th earn $199,730 each.
In July last year, the ICC announced it was committing to equal prize money for all future men’s and women’s competitions with immediate effect.
This saw teams receive equal prize money for the equivalent finishing position at comparable events, such as T20 World Cups, as well as the same amount for winning a match at those tournaments.
In June, India received a similar amount for winning the men’s T20 World Cup.
The women’s tournament was scheduled to be held in Bangladesh from October 3-20 but was moved to the United Arab Emirates following political turmoil in the former.
Australia has won six of the tournament’s previous eight editions, including the last three.
The side’s campaign will kick off on Saturday, October 5 with their Group B match against Sri Lanka.
Australia has drawn the same group as Sri Lanka, India, New Zealand and Pakistan, with captain Alyssa Healy labelling it the “group of death”.