International Cricket Council to provide equal prize money in men’s and women’s cricket
At major worldwide tournaments, the International Cricket Council will now pay equal prize money to men’s and women’s teams. The statement, heralded by many as ushering in a new era in international cricket, occurred during the ICC Annual Conference in Durban. The sports body also stated in a statement that this would meet its objective to achieve prize money equity by 2030 considerably ahead of schedule.
Both men's and women's teams to receive equal prize money for finishing in similar positions at ICC events and will be awarded the same amount for winning a match.
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— ICC (@ICC) July 13, 2023
Women’s teams will now receive the same prize money as men’s teams at International Cricket Council competitions. England took home $1.6 million after winning the men’s Twenty20 World Cup last year, while Australia took home $1 million after winning the women’s equivalent in February.
However, during its annual meeting in Durban, South Africa, the International Cricket Council (ICC) stated that men’s and women’s teams will be awarded equally for equal finishing places in its competitions, including World Cups. There will also be an equal split for winning a match at those events, with the ICC claiming that it has “met its commitment to achieving prize money equity by 2030 well ahead of schedule.”
BREAKING: The ICC has announced they will pay equal prize money for men’s and women’s teams at ICC tournaments including world cups 💰pic.twitter.com/AB4z5OizHu
— Sky Sports Cricket (@SkyCricket) July 13, 2023
The prize money in the most recent men’s 50-over World Cup in 2019 was $10 million, over three times the $3.5 million on offer at the women’s World Cup in 2022. FIFA, football’s governing body, has been under fire for failing to implement equitable prize money at successive World Cups.
The ICC chair, Greg Barclay, said: “This is a significant moment in the history of our sport, and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally. Since 2017 we have increased prize money at women’s events every year with a clear focus on reaching equal prize money and, from here on in, winning the women’s Cricket World Cup will carry the same prize money as winning the men’s Cricket World Cup and the same for T20 World Cups and under-19s too. Cricket is genuinely a sport for all and this decision from the ICC Board reinforces that and enables us to celebrate and value every single player’s contribution to the game equally.”
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Each ICC member will also see significant funding increases as a result of the establishment of a strategic investment fund committed to advancing global growth initiatives associated with the ICC Global Growth Strategy. The men’s 50-over World Cup will be held in India in October and November, followed by men’s and women’s T20 World Cups the following year.