The International Cricket Council (ICC) has announced the prize money for the upcoming Champions Trophy, which Pakistan will host.
According to the ICC’s official statement, the winning team will receive a hefty prize of $2.24 million (equivalent to over PKR620 million), while the runner-up will be awarded $1.12 million (approximately PKR311 million).
Similarly, the semi-finalist teams will each receive $560,000 (more than PKR155.5 million).
Compared to the 2017 edition, the total prize money for the teams has increased by 53%.
Each victory in the group stage will earn the winning team $34,000, while the fifth and sixth-placed teams will receive $350,000. The teams finishing in seventh and eighth place will be awarded $140,000 each.
Moreover, all eight participating teams will be guaranteed a participation fee of $125,000 for competing in the event.
