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How Much T20 World Cup 2016 Prize Money AWARDS ?

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T20 World Cup 2016 Prize Money. Get the complete details of T20 World Cup 2016 Prize Money & runner up awards. How much prize money will be rewarded to T20 world cup 2016 winner.

T20 World Cup 2016 Prize Money:

The mega event of T20 cricket is just about to start in India where 16 teams will be competing for the title and the winner will lift the ICC World T20 trophy 2016. It is certainly going to be the best event with all the excitement and fun and the matches are expected to be really the close ones with most nail biting finishes ever. But what the winners will get besides the t20 world cup 2016 trophy? Yes, that’s a big question. What will be the prize money for this tournament?

ICC World Twenty20 2016 Prize Money (Confirmed)
STAGEPRIZE MONEY
Winners$3.5 million
Runnerup$1.5 million
2 Losing Semi-Finalists$750,000 each
Bonus for winning every “super 10 round” match$50,000
Guaranteed Participation Bonus for all 16 teams$300,000
TOTAL$10million
This time around, there will be a 33% increase in the prize money that will be distributed at different stages throughout the tournament. The total prize money for ICC World T20 event is going to be $10 Million. Besides getting the t20 world cup 2016 trophy, the winner of the tournament will earn $3.5 Million and the Runner Up team will get $1.5 Million.

The teams that are going to lose the semifinals of the tournament will receive a cash award of $75000 whereas all participants of the tournament are sure to get $30000 as participation bonus no matter which on spot they finish their ICC World T20 campaign this time around.

ICC T20 World Cup 2016 is very near and ICC has announced that prize money of the ICC T20 World Cup 2016 will be increased by 33%. Now that's a good motivational news for the all countries who will be praticipte  in this major event. ICC has announced major prize money pool for major cricket tournaments such as ICC 50 over World Cup and T20 World Cup in next 8 years. There will be four major tournaments in this period of time, starting with the ICC T20 World Cups in 2016 and 2020 and 50 over world cups in 2019 and 2023.


Prize money in the last world T20:

In the last T20 world cup which was played in Bangladesh prize money is a lot less as compared with the ICC World T20 2016 which will played in India.Sri Lankan board earn $1.1 Million as they the winner of the ICC T20 World Cup 2014 and BCCI pocketed just 550$ Million as they were runner ups in the last event.

Who gets the prize money, Players or Board of cricket:

Players don't earn any portion of tge prize money as all money goes to the all respective cricket boards. All players get their salaries from their board of cricket and they also get bonus on winning any major tournaments like ICC 50 over World Cup or ICC T20 World cup.
Players however gets the reward from ICC on winning Man of the match or Player of the Tournaments award.

So much money to grab in the ICC T20 World Cup 2016, All teams eyes will light up after getting this news, However their main aim we be to won the title for their Country.$50,000 is the award for winning each match in the Super 10 round of the tournament. Besides all these cash prizes that will be given to the teams, there are lots of prizes for the players as well which will be given to the player of the match and other awards are in place for the players as well. Other than that, there will be some individual awards that will be given to the players at the end of the tournament on the day of the Final match of the tournament.
With all this prize money in place, it is sure to see the teams competing hard and the players will definitely come up with some of the most scintillating performances. This tournament is not just an exciting prospect for the cricket fans all over the world, in fact, it is more exciting for the players themselves.
With such a big amount set to be given in prizes and awards to different players and teams, it will definitely urge the players to give their hundred percent and make it as deep into the tournament as possible. In fact, every team will be willing to lift the t20 world cup 2016 trophy and get the maximum prize money possible.
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