The International Cricket Council (ICC) on September 30 (Friday) announced the prize pool for the upcoming T20 World Cup in Australia. The multi-national tournament is scheduled to begin on October 16 with the final of the competition slated to be played on November 13. The tournament will feature 16 teams fighting for one prestigious title and with it a monetary award of a whopping $1.6 million, which equated to Rs 13.04 crore.
The losing finalists will pocket $800,000, which equates to Rs 6.52 crore. The losing semi-finalists will bag $400,000 (Rs 3.26 crore) each. The eight teams exiting from the Super 12 stage will receive $70,000 (Rs 57 lakh) each. Meanwhile, a team winning a match in the Super 12 stage will pocket $40,000 (Rs 32.62 lakh) for each victory.
The four teams that won't qualify for the Super 12 will get $40,000 (Rs 32.62 lakh) each.
So far, eight teams have directly booked their spot in the Super 12 phase. Afghanistan, Australia, Bangladesh, England, India, New Zealand, Pakistan and South Africa will await four teams from the first round, which will feature Namibia, Sri Lanka, Netherlands, UAE, West Indies, Scotland, Ireland and Zimbabwe vying for the elusive spots.
Team India will start their T20 World Cup campaign against arch-rivals Pakistan on October 23 at the Melbourne Cricket Ground (MCG). The Men in Blue haven't won the competition since the inaugural edition in 2007. They have also not won an ICC trophy since winning the Champions Trophy in 2013.
