Women’s ODI World Cup gets big prize money increase; exceeds amount awarded in 2023 Men’s ODI World Cup | Cricket News – The Times of India

Bengaluru: The International Cricket Council (ICC) introduced a report-breaking prize money pot of $13.88 million (Rs 122.5 crore approx) on Monday for the Women’s ODI World Cup commencing on Sept 30. Co-hosted by India and Sri Lanka, the match’s prize money has elevated by 297%, up from $3.5 million on the 2022 version held in New Zealand. This marks the most important payout in the ODI World Cup format, surpassing the $10 million awarded in the 2023 males’s World Cup.The elevated prize money interprets to greater earnings for the winners and a larger assured sum for every collaborating workforce. The champions will obtain $4.48 million (Rs 39 crore), in comparison with the $1.32 million Australia pocketed in the earlier version in New Zealand in 2022. Notably, the Aussie males’s workforce obtained $4 million the next 12 months after breaking a billion Indian hearts and defeating Rohit Sharma’s Men In Blue in the ultimate in Ahmedabad on Nov 19, 2023.

In a press launch, ICC chairman Jay Shah acknowledged, “This announcement marks a defining milestone in the journey of women’s cricket.” He added, “This fourfold increase in prize money is a landmark moment for women’s cricket and reflects our clear commitment to its long-term growth. Our message is simple: women cricketers must know they will be treated on par with men if they choose this sport professionally.”The runners-up will obtain $2.24 million (Rs 19 crore), up from $600,000 in 2022. The two shedding semifinalists will get $1.12 million (Rs 9.98 crore), a rise from the earlier $300,000. Additionally, all collaborating groups are assured a sum of $250,000 (Rs 2.20 crore).

The Women’s ODI World Cup has advanced considerably since its inception in 1973 and got here beneath the ICC’s purview following the merger of males’s and girls’s cricket in 2005. The inaugural version was held in England, largely funded by businessman Sir Jack Hayward, with no prize money supplied.

Efforts to eradicate pay disparity started with the 2024 Women’s T20 World Cup, the place the prize money pool was elevated by 225% to $7.95 million. The eight-workforce match will kick off with the co-hosts India and Sri Lanka dealing with off in Guwahati.