T20 World Cup 2024

Apex Cricket Body announces prize money for the 20-20 World Cup 2022 in Australia

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With the 20-20 World Cup just 16 days away, the apex cricket body has announced the prize money for the mega event. The winning side at the 20-20 World Cup 2022 in Melbourne on November 13 would receive prize money of $1.6 million, while the runners-up will get half the amount of the prize money.

At the end of the 16-team tournament that runs for nearly a month, the losing semi-finalists will each get $400,000 from the $5.6 million total prize pool. The eight teams who exit at the Super 12 stage will receive $70,000 each. Like last year at the 20-20 World Cup 2021, a win in each of the 30 games in the Super 12 phase will be worth $40,000. The eight teams that made it directly to the Super 12 phase are Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan, and South Africa.

The other eight teams – Namibia, Sri Lanka, Netherlands, UAE in Group A and West Indies, Scotland, Ireland and Zimbabwe in Group B – are split into two groups of four and will play the first round. For any win in the first round, prize money of $40,000 will be awarded, with the 12 matches amounting to $480,000. The four teams knocked out in the first round will get $40,000 each.

The T20 extravaganza will get underway on the 16th of October with 16 teams going against each other to grab hold of the coveted trophy. Australia will be defending their crown at their home. The other top contenders to win the trophy are Pakistan, South Africa, England and India.

The 20-20 World Cup was scheduled to be held in Australia in 2020 but the tournament was postponed by two years due to the pandemic. The 2021 edition of the tournament was heavily criticized by the fans as the toss played a major role throughout the world cup.

The formula to win in night matches was simple, just win the toss and bowl first. The bowling got tough under the lights due to dew. Hopefully, the upcoming edition will prove to be one of the most competitive editions of the World Cup so far.

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