ICC Cricket World Cup 2023: Prize Pool Distribution, Format and Everything You Need to Know

World Cup 2023, ODI World Cup

The cricketing world is buzzing with excitement as the Men’s Cricket World Cup 2023 draws closer. With a total prize pool of USD 10 million on the line, it’s an event that has captured the attention of cricket enthusiasts worldwide. Check the details of the upcoming tournament, the prize distribution, the participating teams, and everything you need to know about this cricket extravaganza.

USD 4 Million Await the Champions

The International Cricket Council (ICC) recently made a significant announcement that has set the stage for intense competition. The winners of the Men’s Cricket World Cup 2023 are set to receive a whopping USD 4 million from the total prize pool of USD 10 million. This announcement has not only raised the stakes but has also added an extra layer of motivation for the participating teams.

Runners-Up Will Get USD 2 Million

While the champions will take home the lion’s share of the prize money, the runners-up won’t be left empty-handed. The finalists, who will clash on November 19 at the iconic Narendra Modi Stadium in Ahmedabad, India, will walk away with a substantial reward of USD 2 million. This sizable sum ensures that the competition remains fierce from the group stages all the way to the finals.

Also Read: ICC reveal Full match schedule of 2024 U-19 Men’s World cup fixtures

The Format of the ODI World Cup 2023

The tournament promises to be a thrilling spectacle, with all 10 teams participating in a round-robin format during the Group Stage. This means that each team will face every other team once, ensuring a fair and balanced competition. The top four teams on the points table will advance to the semi-finals, setting the stage for high-stakes showdowns.

Prize Money for Group Stage Wins

The excitement doesn’t end with the knockout stages. Even during the Group Stage, there’s prize money up for grabs for every victory. Teams will receive USD 40,000 for each win, making every match a crucial opportunity to boost their earnings. This not only adds an extra layer of intensity to the group matches but also ensures that teams give their best in every encounter.

USD 100,000 for Teams Missing the Knockouts

While every team aspires to make it to the semi-finals and beyond, the reality is that some may fall short. However, there’s consolation in the form of a USD 100,000 reward for teams that fail to reach the knockout stage. This financial support acknowledges their efforts and ensures that no team leaves the tournament empty-handed.

ICC’s Stand on Gender Parity

The ICC is not only making headlines with its prize money distribution but also with its commitment to gender equality. In a groundbreaking move, the ICC announced equal prize money for both the Men’s and Women’s Cricket World Cups during the Annual Conference held in Durban, South Africa in July 2023.

Details About the Competing Nations

A total of 10 teams will be vying for the coveted World Cup trophy in the 13th edition of this marquee event. India, as the host nation, secured its spot in the tournament. Meanwhile, New Zealand, England, Bangladesh, Pakistan, Australia, Afghanistan, and South Africa earned their places through impressive performances in the Super League.

Sri Lanka and the Netherlands had to go through the grind in the Qualifier stage to secure their spots in the World Cup.

Total 48 Matches Across 10 Venues

The Men’s Cricket World Cup 2023 is undoubtedly the biggest event on the cricket calendar. It promises to be a cricketing extravaganza, spanning 48 matches across 10 venues. The tournament kicks off on October 5 with a thrilling rematch of the previous edition’s final between defending champions England and New Zealand.

Warm-Up Matches in World Cup

Before the official start of the World Cup, each participating team will have the opportunity to fine-tune their skills in two warm-up matches. These matches provide a valuable chance for teams to acclimatize to the conditions and get into the groove for the 46-day-long tournament.

The Men’s Cricket World Cup 2023 is set to be a grand spectacle, filled with excitement, drama, and unforgettable cricketing moments. With the hefty prize money up for grabs, the competition is fiercer than ever, and cricket fans around the world eagerly await the action to unfold. Stay tuned for what promises to be a cricketing extravaganza of epic proportions.