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ICC announces equal prize money for men's and women’s cricket

The decision was made during the ICC Annual Conference held in Durban, South Africa

ICC announces equal prize money for men's and women’s cricket

Posted - 2023-07-14T16:03:32+06:00

Updated - 2023-07-14T16:03:32+06:00

The International Cricket Council (ICC) today announced equal prize money for men's and women's teams at ICC events, while making changes to the penalties for over-quoting Test cricket.


The International Cricket Council (ICC) announced on Thursday that in future it will distribute equal prize money to men's and women's teams at its events.

In a statement, the governing body said teams at events such as the T20 and one-day international world championships receive equal prize money for both their placement in the tournament and for winning a match at those events.

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"This is a significant moment in the history of our sport," said ICC Chairman Greg Barclay. "I am delighted that male and female cricketers who compete in global ICC events are now being rewarded equally."

The decision on equal prize money was made today at an ICC meeting on Thursday in Durban.

Now all teams are ready to receive the same prize money for the same place in comparable events as well as the same amount for winning a game in these events.

"This is a significant moment in the history of our sport and I am delighted that male and female cricketers who compete in global ICC events are now being equally rewarded," said ICC Chairman Greg Barclay.

“Every year since 2017 we have increased the prize money in women's events with a clear focus on achieving equal prize money and from now on winning the ICC Women's Cricket World Cup will have the same prize money as winning the ICC Men's Cricket World Cup The same applies to T20 World Championships and U19 World Championships.

"Cricket truly is a sport for all and this decision by the ICC Board underscores that and allows us to equally recognize and celebrate each and every player's contribution to the game."

The 2020 and 2023 ICC Women's T20 World Cup winners and runners-up received $1 million and $500,000, respectively, which was five times the amount offered in 2018.

The prize money for the 2022 ICC Women's Cricket World Cup also rose to US$3.5 million compared to US$2 million awarded for victory at the 2017 edition in England.

Big investment for member states

In addition, each member of the ICC will receive significant incremental funding through the launch of a strategic investment fund to support global growth initiatives in line with the ICC's global growth strategy.

"The success of our media rights and commercial program for our next four-year cycle means we have more money to invest in our sport than ever before," Barclay said.

“All members receive a base payout and then additional revenue is calculated in proportion to contribution to global play both on and off the field. This is by far the largest investment ever made in cricket and it is a once-in-a-lifetime investment.” “A unique opportunity for our members to accelerate growth, engage more players and supporters and become more competitive. "

The ICC also supported member states in creating sustainable revenue streams and further developing the game.
New upcoming events now require a minimum of seven local players or associated member players. The organizing member also pays a solidarity fee to a player's home board.


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