• Skip to main content
  • Skip to header right navigation
  • Skip to after header navigation
  • Skip to site footer
MyZA

MyZA

News, Directory, Events and Other Stuff

  • Social Media
  • Sport
  • World News
  • Home
  • Submit News
  • Directory
  • Events
  • Stratlec
  • TFSA
  • News
    • APO
    • Today’s Sport News
    • Todays Social Media and Tech Headlines
    • Today’s World News
    • Today’s SA Financial News
  • Contact
You are here: Home / News / Sport / Cricket Enters Era of Equal Prize Money for Men and Women

Cricket Enters Era of Equal Prize Money for Men and Women

17 September 2024 by Alan

The ICC Women’s T20 World Cup 2024 will be the first ICC event where women will receive the same prize money as their male counterparts, marking a significant milestone in the sport’s history. The decision was taken at the ICC Annual Conference in July 2023, when the ICC Board took the step of reaching its prize money equity target seven years ahead of its schedule of 2030, making cricket the only major team sport to have equal prize money for its men’s and women’s World Cup events.

The winners of the tournament, which will now be staged in the United Arab Emirates (UAE), will receive US$2.34million, a massive, 134 per cent increase on the $1 million awarded to Australia when they clinched the title in South Africa in 2023.

The runners-up will receive $1.17 million, an increase of 134 per cent in comparison to the $500, 000 South Africa received for reaching the final on home soil at Newlands Cricket Ground.

The two losing semi-finalists will earn $675, 000 (up from $210 000 in 2023), with the overall prize pot totalling $7,958,080, a massive increase of 225 per cent from last year’s total fund of $2.45 million.

This move is in line with the ICC’s strategy to prioritise the women’s game and accelerate its growth by 2032. Teams will now receive equal prize money for the equivalent finishing position at comparable events as well as the same amount for winning a match at those events. The ICC Men’s T20 World Cup 2024 event prize money is only higher on account of 10 additional teams participating and 32 more matches played.

Each win during the group stages will see teams take home $31,154, while the six teams who fail to reach the semi-finals will share a pool of $1.35 million depending on their finishing positions.

In comparison, the equivalent pool for the six teams in 2023 was $180,000, shared equally. Teams who finish third or fourth in their group will take $270,000 each while the teams who finish fifth in their group will both receive $135,000.

All 10 participating teams are assured of $112,500.

The increase in prize money for the ICC Women’s T20 World Cup 2024 comes in line with the prize pot for the ICC Women’s Cricket World Cup 2022 also increasing to $3.5 million in total.

The ICC Women’s T20 World Cup 2024 will open on 3 October with Bangladesh taking on Scotland at Sharjah Cricket Stadium. There has been a minor change to the match order for the double header on Saturday 5 October in Sharjah, with Australia now facing Sri Lanka in the afternoon at 14h00, followed by the Bangladesh versus England match taking the evening slot at 18h00 local time. Ten teams will play 23 matches in Dubai and Sharjah to decide the 2024 champions.

*All amounts are in US Dollars.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Tumblr (Opens in new window) Tumblr
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Mastodon (Opens in new window) Mastodon
Category: SportTag: Cricket

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:


Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Older Persons Grants Land Today — No Need to Queue at Dawn

    Dear Editor, Older Persons grants are paid today, 30 October, under SASSA’s revised November payment schedule — with disability grants on Monday 2 November, children’s grants on Tuesday 3 November, and grants under review on Thursday 5 November. Two things every beneficiary should know. First, grant money does not expire on payment day. It stays…

    30 October 2026
  • November Grants Pay Early – No Need to Queue at Dawn

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. November grants pay earlier than usual. Older Persons grants are paid on Friday 30 October, Disability grants on 2 November, and Child Support and other grants on 3 November. Grants still under review are paid on 5 November. The money…

    27 October 2026
  • NSFAS 2027 applications close on 31 October — SASSA households, apply now

    Dear Editor, I run SAGrant (sagrant.co.za), a free resource helping South Africans navigate SASSA grants. NSFAS applications for the 2027 academic year close on Friday 31 October 2026, and no extension is expected. If your household receives a SASSA grant, your child already passes the NSFAS financial eligibility test — but they still have to…

    25 October 2026

About Alan

Previous Post:Minister of Mobility and PRASA Begin Collaboration
Next Post:Owen Watkin Is Loving His Leading Role

Reader Interactions

Comments

  1. Stick Shift

    7 September 2026 at 7:09 pm

    William Webb Ellis is said to have caught a soccer ball and ran towards the opposition’s goal, marking the beginning of rugby.

  2. Magenta

    5 September 2026 at 10:15 pm

    When it was first mentioned in 1624, the cricket bat was not a bat but merely a stick, similar to the one used in hockey. In the 1770s after changes in the game’s laws, a swell was designed at the bottom. It was, however, very heavy. The oldest preserved cricket bat was made in 1729 and is kept in Oval’s Sandham Room in London.

Copyright © 2026 · MyZA · All Rights Reserved · Powered by Stratlec Online