Prize money for ICC Women’s Events will increase by $ 2.6 million following the completion of ICC board meetings in Dubai.
The increase is due to an increase in sports revenue, part of which is attributed to the prize money.
For next year’s event in Australia, winners and runners-up will each receive $ 1 million and $ 500,000, respectively. Five times the amount offered in 2018. Increasing the price pot by a total of 320% in 2020 (compared to 2018) means that each and every one of the ten participating teams receives significantly more as part of the ongoing effort to improve standards throughout the game and not just reward the top end.
The money available for the 2021 ICC Women’s World Cup will also increase considerably. The profit potential increases from $ 2 million in 2017 to $ 3.5 million.
The Board agreed to set up a U19 Women’s T20 World Championship, which will be held in Bangladesh for the first time in 2021 and every two years thereafter.
ICC CEO Manu Sawhney said, “We have already reaffirmed our long-term commitment to achieving equality between men and women as part of a wider plan to promote and develop women’s football.”
“We want to create a long-term, sustainable foundation for women’s cricket, and that’s more than just prize money. It’s about developing a product that fans want to watch, who want to record children, who want to participate in sponsors and broadcasters. The establishment of a U19 women’s event also improves the opportunities for young cricketers and ensures that they have the same opportunities as their male counterparts.
“This is a journey we started seriously in 2017. Next year, our goal is to fill the MCG on International Women’s Day for the ICC Women’s T20 World Cup finals in 2020, which would set a world record for a women’s sporting event.” This significant increase in prize money and the launch of a U19 Women’s Event are part of a much larger effort to advance the game of women around the world. “