2011 ICC World Cup Prize Money Details for Winners & Runner Up
What is the Cash Prize for the Winners of 2011 ICC Cricket World Cup ?
The Prize money will be paid in Dollars.
Title Winners of 2011 ICC World Cup will be getting Cash Cheque of 3 million US Dollars (Equivalent to Rs.13,20,00,000 Thirteen Crore Twenty Lakhs)
The Runner Up of ICC World Cup (Losers of Final) will get 1.5 Million US Dollars.
The losers of Semi Finals will be awarded 0.75 Million US Dollars each.
The losers of all Quarter Finals will be awarded 0.37 Million US Dollars each.
Prize Money given to teams which reach 1 to 8 places will be a total of 7.48 Million US Dollar.
Total Prize Money paid by ICC in this entire event will be 10 Million US Dollar.
The Prize money will be paid in Dollars.
Title Winners of 2011 ICC World Cup will be getting Cash Cheque of 3 million US Dollars (Equivalent to Rs.13,20,00,000 Thirteen Crore Twenty Lakhs)
The Runner Up of ICC World Cup (Losers of Final) will get 1.5 Million US Dollars.
The losers of Semi Finals will be awarded 0.75 Million US Dollars each.
The losers of all Quarter Finals will be awarded 0.37 Million US Dollars each.
Prize Money given to teams which reach 1 to 8 places will be a total of 7.48 Million US Dollar.
Total Prize Money paid by ICC in this entire event will be 10 Million US Dollar.
Closing Ceremony ICC 2011 World Cup Cricket
The closing ceremony of ICC World Cup Cricket will be held on 2nd April 2011 at Wankhede Stadium in Mumbai after the match.
The match will begin at 2.30 pm IST and will end by 10.30 pm and after this the Prizes will be awarded to the Winners and Runner Up of ICC World Cup 2011.
The Man of the Series Award will also be given during the closing ceremony.
The match will begin at 2.30 pm IST and will end by 10.30 pm and after this the Prizes will be awarded to the Winners and Runner Up of ICC World Cup 2011.
The Man of the Series Award will also be given during the closing ceremony.
The total prize money up for grabs in the Cricket World Cup 2011 has been almost doubled from $5 million dollars from the previous edition to over $8 million this time around. While the Champions of the tournament in 2007 took home $2.4 million and the runners-up, $1 million, the 2011 champions will be handed a cheque for $ 3 million, the new runners-up will get $1.5 million and each of the semi-finalists will get $750,000.
Indeed, The Cricket World Cup has come a long way since 1975 when the then Champions won a winners' cheque of just £4000 (about $6,000). Even inflation-adjusted, that amount from back then would be worth just £22,280 or around $33,000 today, a far cry from the prize amounts on offer at present!
So how does the winners' prize money of the Cricket World Cup compare with those of other major sporting events? Unfortunately, not very favourably. The FIFA Soccer World Cup 2010 Champions Spain, took away $30 million dollars. The club winning the Europe's regional Champions League is awarded a whopping $170! In golf's richest event - the FedEx Cup - champions walks away with a $10 million payout. Horse-racing's Dubai World Cup Night pays the winner $22 million. One of the few major sports which compares to World Cup Cricket in terms of prize-money budget is Grand Slam Tennis, which awards $1.5-2 million to its individual winner.
But at the rate the popularity of cricket is growing worldwide, especially the Indian Premier League, big bucks have started to surge in the sport. Indian batsman Gautam Gambhir's jackpot of 2.4 million in the player actions for the IPL is an ominous and promising sign that cricket could be jostling for space among the highest-paying sports in the world
International Cricket Council, Prize Money for the 2011 World Cup, ICC Board, ICC Cricket World Cup 2011, 2007 World Cup, 2011 World Cup, ICC Anti-Corruption and Security Unit, Lord Condon