India defeated South Africa in a thrilling T20 World Cup 2024 final at the Kensington Oval in Barbados on Saturday to clinch the coveted trophy for the second time.
This victory is particularly significant as India became the first team in history to win the T20 World Cup without losing a single match throughout the tournament.
The victory not only ended their 11-year-long ICC trophy drought but also came with a substantial financial reward for the team. Let’s break down how much the Indian players will earn following this historic victory.
Big Rewards for the Champions
In the wake of this monumental win, the Board of Control for Cricket in India (BCCI) announced a massive cash prize for the victorious team.
BCCI General Secretary Jay Shah took to X (formerly Twitter) to declare that the board will reward the team with INR 125 crore (approximately USD 15 million). This sum will be distributed among the players and the coaching staff, ensuring everyone involved in the victory is acknowledged and rewarded.
The cash prize from the BCCI is in addition to the prize money India earned for winning the tournament. The victorious team received INR 20.41 crore (approximately USD 2.45 million) along with the coveted T20 World Cup trophy.
Moreover, each team earned an additional INR 25.99 lacs (approximately USD 31,154) for every match won during the tournament, excluding the semi-finals and final.
Breakdown of Earnings
Here’s a detailed look at the financial rewards for the Indian players:
- BCCI Cash Prize: INR 125 crore (approximately USD 15 million)
- T20 World Cup Prize Money: INR 20.41 crore (approximately USD 2.45 million)
- Match Win Bonuses: INR 25.99 lacs (approximately USD 31,154) for each match won during the tournament (excluding semi-finals and final)
With these substantial earnings, each player will take home a significant amount, reflecting their hard work and dedication throughout the tournament.
India’s T20 World Cup 2024 win is not just a testament to their cricketing prowess but also a lucrative achievement for the players. The financial rewards, coupled with the glory of winning the tournament undefeated, mark a historic moment for Indian cricket.
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