A total prize pool of USD 10 million has been announced for the ICC Men’sCricket World Cup 2023 in India. According to the ICC’s announcement onSeptember 22, the winners of the Men’s Cricket World Cup 2023 will claimUSD 4 million from this prize pool, while the runners-up in the final,which is scheduled for November 19 at the Narendra Modi Stadium inAhmedabad, will be awarded USD 2 million.
In the Group Stage, all 10 participating teams will play against eachother once in a round-robin format. The top four teams in the points tablewill advance to the semi-finals. Additionally, there is prize money forvictories during the Group Stage, with teams earning USD 40,000 for eachwin.
Teams that do not progress to the knockout stage will receive USD 100,000each. This distribution of prize money also serves as a precedent for theICC Women’s Cricket World Cup in 2025, where the ICC announced equal prizesums for both men’s and women’s events during the Annual Conference held inDurban, South Africa, in July 2023.
Here’s a breakdown of how the prize money is allocated: –
Winner: USD 4,000,000 –
Runner-up: USD 2,000,000 –
Losing Semi-Finalists (2 teams): USD 800,000 each (total USD 1,600,000) –
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Teams eliminated after the group stage (6 teams): USD 100,000 each (totalUSD 600,000) –
Winner of each group stage match (45 matches): USD 40,000 each (total USD1,800,000) –
Total Prize Pool: USD 10,000,000
The 13th edition of this prestigious cricket event will feature 10competing teams, with India qualifying as the host nation. New Zealand,England, Bangladesh, Pakistan, Australia, Afghanistan, and South Africaearned their spots through the Super League, while Sri Lanka and theNetherlands secured their positions in the World Cup through the Qualifier.
The tournament, consisting of 48 matches across 10 venues, will kick offon October 5 with a rematch of the previous edition’s final betweendefending champions England and New Zealand. Before the World Cupofficially begins, each team will participate in two warm-up matches toprepare for the 46-day-long tournament.
