The International Cricket Council's (ICC) head of Finance and Commercial Affairs (F&CA) committee Jay Shah announced on Thursday, July 13, that the prize money for all men's and women's tournaments will now be the same in a major move in gender parity.
"I am thrilled to announce that a major step towards gender parity & inclusivity has been undertaken. The prize money at all ICC events will be same for men & women. Together we grow. I thank the fellow Board members for their support in helping achieve this important endeavour. Let’s work towards a future where cricket continues to thrive across the globe," the BCCI secretary said on Twitter.
"This is a significant moment in the history of our sport and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally," ICC Chairman Greg Barclay said.
“Since 2017 we have increased prize money at women’s events every year with a clear focus on reaching equal prize money and from here on in, winning the ICC Women’s Cricket World Cup will carry the same prize money as winning the ICC Men’s Cricket World Cup and the same for T20 World Cups and U19s too.
“Cricket is genuinely a sport for all and this decision from the ICC Board reinforces that and enables us to celebrate and value every single player’s contribution to the game equally.”
The winners and runners-up at the ICC Women's T20 World Cup 2020 and 2023 received $1 million and $500,000 respectively —five times more than the amount offered in 2018. Meanwhile, the prize money for the Women's Cricket World Cup 2022 also rose to $3.5m from the $2m that was awarded for winning the 2017 edition in England.
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