Cricket Celebrations Continue as India is Rewarded for T20 World Cup Victory

BCCI pledges INR 125 crore prize for T20 World Cup-winning Team India

The Indian cricket team, which won the T20 World Cup, has been rewarded with a bonus of INR 125 crore (approximately USD 15 million) by the Board of Control for Cricket in India (BCCI). The announcement was made by BCCI Secretary Jay Shah following India’s victory over South Africa in the final. Shah praised the team for their exceptional talent, determination, and sportsmanship throughout the tournament.

The ICC had previously announced a cash prize of USD 2.45 million for the winners of the World Cup. In addition to this, they also offered an additional $31,154 for each match won by every team except in the semi-finals and finals. This cash prize is the highest in the history of men’s T20 World Cup and represents a significant increase from previous years.

All teams participating in the tournament will receive more prize and participation money than in previous years. The total prize money for the tournament has more than doubled from USD 5.6 million in 2022 to USD 11.25 million this year. This means an increase in awards for all 20 participating teams across the board.

As runners-up, South Africa will receive USD 1.28 million, a notable increase from the prize money awarded in 2022. The losing semi-finalists, Afghanistan and England, will each receive USD 787,500, also a significant increase from previous years. The increase in prize money for all teams reflects a commitment to recognizing and rewarding the achievements of players and teams in the tournament.

Overall, India’s win marks a historic moment not only for their cricket team but also for their country as they continue to dominate world cricket stage with their exceptional play on field and off it through receiving bonuses and cash prizes from international organizations like ICC and BCCI respectively.

In conclusion, India’s T20 World Cup win was not only celebrated on field but also off it as they were rewarded with a bonus of INR 125 crore (USD 15 million) by BCCI Secretary Jay Shah following India’s thrilling victory over South Africa in

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