ICC World Cup 2023 is around the corner. It will be held in India as the 13th edition of the tournament. Ten teams from around the globe have been qualified to be part of the ICC World Cup. Moreover, ICC World Cup has become a huge global event and with the rise in its popularity, its prize money has also escalated. Let’s have a look at the breakdown of the 2023 prize money according to ICC.
Content Summary
ICC World Cup 2023 Prize Money Breakdown
- World Cup Prize Money ($10 million)
- Each team for performing ($100,000)
- Each league stage match ($40,000)
| Stage | Teams | Amount | Total |
| ICC World Cup Winner 2023 | 1 | $ 4,000,000 | $ 4,000,000 |
| ICC World Cup Runners-Up | 1 | $ 2,000,000 | $ 2,000,000 |
| ICC World Cup Losing Semi-Finalists | 2 | $ 800,000 each | $ 1,600,000 |
| Winners of each league stage match | 45 | $ 40,000 each | $ 1,800,000 |
| League stage teams League stage teams | 6 | $ 100,000 each | $ 600,000 |
| Total | $10 million |
The final prize money fund for the 2019 Cricket World Cup
Let’s examine the shift in the prize money for the Cricket World Cup 2019. While the amount remained the same for the winner, $10 million, the amount of division between the runner and other teams has drastically changed.
| CC CWC 2019 – Prize Money | Total | |
| Winner (1) $ 4,000,000 | $ 4,000,000 | $ 4,000,000 |
| Runner-up (1) $ 2,000,000 | $2,000,000 | $2,000,000 |
| Losing Semi-Finalist (2) $800,000 | $ 800,000 | $ 1,600,000 |
| Winner of Each League Stage Match (45) $ 40,000 | $ 40,000 | $ 1,800,000 |
| Teams that do pass the League Stage (6) $ 100,000 | $ 100,000 | $ 600,000 |
| Total ($10,000,000) | $10,000,000 |
Cricket World Cup Comparison of 2019 vs. 2015
ICC World Cup in 2019 and 2015, had the same winning amount which is 2023, $10 million. However, the distribution between the winner and other participating teams varied slightly over the years. Let’s have a comparative look at both tournaments.
| World Cup | Year | Host Country | Total Prize Money | Winner’s Prize Money |
|---|---|---|---|---|
| 2019 | 2019 | England | $10 million | $4 million |
| 2015 | 2015 | Australia | $10 million | $4.3 million |
In 2015, the winning team received $4.3 million, while in 2019, the winner received $4 million. The prize money for the other participating teams in each tournament was distributed based on their performance and rankings.
| Year | Total Prize Money | Sponsors | |
|---|---|---|---|
| 1975 | £9,000 | Prudential Assurance Company | 1975 |
| 1979 | £25,900 | Prudential Assurance Company | 1979 |
| 1983 | £66,200 | Prudential Assurance Company | 1983 |
| 1987 | 30000 pounds | Reliance Industries | 1987 |
| 1992 | $50,000 | Benson & Hedges | 1992 |
| 1996 | $70,000 | Wills | 1996 |
| 1999 | US$1 million | Pepsi | 1999 |
| 2003 | $US5-million | Global Cricket Corporation | 2003 |
| 2007 | US$1.6 million | Global Cricket Corporation | 2007 |
| 2011 | US$3 million | ESPN Television | 2011 |