The World Test Championship (WTC) Final, scheduled to be held at The Oval in London from June 7-11, promises to be a thrilling battle between two cricketing giants, India and Australia. Besides the prestigious WTC Mace, the teams will also compete for a substantial prize money purse. The International Cricket Council (ICC) recently announced that the winners of the tournament will be awarded a staggering USD 1.6 million, while the runners-up will receive USD 800,000. Let’s delve into the distribution of the total prize money of USD 3.8 million and what it means for the participating teams.
The championship decider holds the same prize money as the inaugural WTC Final held in 2019-21. The team that emerges victorious will claim the lion’s share of USD 1.6 million, a considerable reward for their exceptional performance throughout the tournament. On the other hand, the runners-up will still be handsomely rewarded with USD 800,000, acknowledging their efforts in reaching the final and putting up a competitive display.
In addition to the top two teams, the ICC ensures that all participating nations receive a share of the prize money. South Africa, finishing third in the WTC 2021-23 standings, will earn USD 450,000 as recognition for their commendable performance. England, who made a late surge and secured the fourth position, will be awarded USD 350,000 for their efforts.
The remaining teams in the standings will also receive a share of the prize money. Sri Lanka, despite narrowly missing out on a spot in the final, finished fifth and will receive USD 200,000. New Zealand, Pakistan, West Indies, and Bangladesh, ranked sixth to ninth respectively, will each earn USD 100,000 as a token of their participation and contribution to the championship.
The remaining teams in the standings will also receive a share of the prize money. Sri Lanka, despite narrowly missing out on a spot in the final, finished fifth and will receive USD 200,000. New Zealand, Pakistan, West Indies, and Bangladesh, ranked sixth to ninth respectively, will each earn USD 100,000 as a token of their participation and contribution to the championship.