The ICC announced on Tuesday (September 17) that the winners of the Women’s T20 World Cup 2024 will receive the same prize money as the men’s champions from earlier this year, marking a landmark moment for gender equity in cricket. This decision was made at the ICC’s annual conference in July.
The champions of the 2024 tournament, to be held in the UAE, will earn USD 2.34 million, a 134% increase from the USD 1 million awarded to Australia when they won their sixth title in 2023.
The runners-up will receive USD 1.17 million, also a 134% increase compared to the USD 500,000 South Africa earned for reaching their first-ever final last year.
Each semi-finalist will earn USD 675,000, up from USD 210,000 in 2023, bringing the total prize pool to USD 7.96 million—a 225% increase from the last edition’s USD 2.45 million.
This makes the upcoming Women’s T20 World Cup the first ICC event to achieve prize money equality, almost seven years ahead of the governing body’s initial 2030 target.
“This move is in line with the ICC’s strategy to prioritize the women’s game and accelerate its growth by 2032,” the ICC said in a statement.
“Teams will now receive equal prize money for the equivalent finishing position at comparable events, as well as the same amount for winning a match. The Men’s T20 World Cup 2024 prize money is only higher due to the participation of 10 additional teams and 32 more matches.”
During the group stages, each match winner will receive USD 31,154. The six teams eliminated before the semi-finals will share a pool of USD 1.35 million, up from the 2023 pool of USD 180,000. Teams finishing third or fourth in their groups will take home USD 270,000 each, while fifth-placed teams will receive USD 135,000.
Additionally, the ICC has made a slight adjustment to the schedule for the October 5 double-header in Sharjah, with Australia now set to face Sri Lanka in the afternoon and Bangladesh vs. England rescheduled to the evening.