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India vs. South Africa: Battle for the Historic T20 World Cup Prize

India vs. South Africa: Battle for the Historic T20 World Cup Prize

By Renu

Key highlights

  • The winning team received $2.45 million, the highest prize in the tournament’s history.
  • The runner-up earned $1.28 million.
  • The match was a thrilling contest, with significant financial stakes and the prestige of the championship title on the line.

For the ICC Men’s T20 World Cup 2024, the International Cricket Council (ICC) revealed a spectacular winning prize of $11.25 million USD. Cricket fans were extremely excited to know about the big prizes that the tournament’s best performers bagged for the grand showdown between India (IND) and South Africa (SA) in Barbados.

Unprecedented reward

A record-breaking $2.45 million reward is given to the victorious team of the ICC Men’s T20 World Cup 2024 i.e. India. The largest sum ever given in the history of sports competitions. This noteworthy award emphasizes how the T20 format is becoming more and more important financially in the world of cricket. FYI, a wholesome amount of $1.28 million was awarded to the runners-up.

Well, both of the two semifinalists each received $787,500, so the financial benefits go beyond the finalists. Each of the teams that made it to the second round but lost in the semifinals received $382,500. To ensure that all competing teams profit from the prize pool, teams that place between ninth and twelfth also got $247,500 apiece.

‘Clash of the Titans’

India and South Africa have each won all of their matches in route to the final, impressing both supporters and critics with faultless performances. This extraordinary accomplishment paved the way for a momentous conclusion, in which the 2024 T20 World Champion was crowned on the Indian Cricket Team. India, the 2007 victors of the first-ever T20 World Cup, entered the final with a tonne of experience and a solid record. In contrast, this was South Africa’s first appearance in a T20 World Cup final, marking a significant milestone for the team.

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