ICC increases prize money for champions trophy by 53 percent

LAHORE: The International Cricket Council (ICC) has announced a 53 percent increase in prize money for the upcoming ICC Champions Trophy, set to commence in Pakistan next week.

As per the ICC’s announcement, the winning team will be awarded a substantial $2.24 million along with the esteemed trophy, while the runners-up will take home $1.12 million. The overall prize pool for the tournament has been increased to $6.9 million, showcasing the ICC’s dedication to expanding the reach of the sport globally.Pakistan announces squad for ICC U19 Women’s T20 World Cup

Each of the losing semi-finalists will receive $560,000, while the teams finishing in fifth and sixth positions will earn $350,000. The teams finishing in seventh and eighth place will be awarded $140,000, with a victory in the group stage earning teams an extra $34,000.

The tournament, which will take place from February 19 to March 9, represents a significant milestone for Pakistan as it hosts an ICC event, promising an exciting cricket spectacle for fans across the globe.