ICC Men's T20 World Cup 2021: How much prize money do the winners earn?

The ICC T20 World Cup is back this year after last year's postponement. Sixteen Twenty20 International cricket teams compete against each other for prizes of up to over $ 1 million.

Each team participating in the World Cup will receive a sum of money - even the teams eliminated in round 1 will take home prize money. But how much prize money do the winners take home? Sporting News breaks down the total budget for the competition and shows how much money each team is making.

ICC T20 World Cup total purse 2021

The total budget for the T20 World Cup this year is $ 5.6 million. This amount will be split up to give money to all 16 participating teams.

How much money does the winner get?

This year's T20 World Cup winners will receive $ 1.6 million. The winning team is the only team to receive at least $ 1 million.

The lowest amount of money a team can take home at the T20 World Cup is $ 40,000, which will be paid out to all teams in Round 1, regardless of whether they win or lose. If a team wins Round 1, they will receive $ 40,000 for each win. If a team wins Round 2, it will receive $ 40,000 for each win.