In a recent update, the champions of the 2024 ICC Women’s T20 World Cup will get USD 2.34 million in prize money. This marks a significant increase of 134% over the USD 1 million awarded to 2023 champions Australia.
The losing finalists will also see a 134% increase in their prize money, securing $1.17 million in the forthcoming edition compared to last year’s $500,000 awarded to South Africa. Meanwhile, each semi-finalist will receive $675,000, which is more than three times their payout from the 2023 edition.
In addition, each group stage win will now be given with $31,154, a 78% increase from last year’s $17,500. The teams knocked out from the tournament in the group stage will be compensated, with each of the 10 participating teams receiving a base prize of $112,500, totaling $1.125 million.
Meanwhile, teams finishing in fifth to eighth place will earn $270,000 each, while those in ninth and tenth will receive $135,000 each. These changes in the prize money highlight the ICC’s commitment to recognizing women’s cricket, guaranteeing that all teams and players receive fair support.
It is worth noting that this landmark prize structure underscored ICC’s vision for parity between men’s and women’s cricket. It also enhances the status of the Women’s T20 World Cup as one of the premier events in the sport. In June 2024, India, the winners of the 2024 ICC Men’s T20 World Cup, were awarded $2.45 million. Notably, the $2.34 million prize for the women’s champions reflects the difference in the number of matches played. The men’s tournament featured 20 teams compared to 10 teams in the women’s competition.
The tournament, which was originally scheduled to be contested in Bangladesh, is now set to commence on October 3 in the United Arab Emirates (UAE). This highly-anticipated ninth edition will be held across the two venues in the UAE – Dubai and Sharjah—until October 20.
All matches in the group stage will conclude by October 15 and the semi-finals were scheduled to play on October 17 and 18, respectively. There has been a slight change to the match schedule for the double-header on Saturday, October 5, in Sharjah. The defending champions Australia will now face Sri Lanka in the afternoon at 14:00, and the second match will be played between Bangladesh and England in the evening at 18:00 local time. The winners of these semi-finals will compete for the all-important final of the Women’s T20 World Cup on October 20.
