The Indian cricket team‘s historic T20 World Cup 2024 triumph has been met with a generous cash reward from the Board of Control for Cricket in India (BCCI). The board has set aside a staggering INR 125 crore for the victorious contingent led by Rohit Sharma.
The BCCI’s gesture is a testament to the team’s hard-fought victory against South Africa in the final, ending an 11-year drought for an ICC title since the 2013 Champions Trophy win under MS Dhoni‘s captaincy.
Comparing BCCI’s rewards for previous ICC titles
To put things into perspective, let’s take a look at the prize money offered by the BCCI for the Indian team’s previous ICC title wins under Dhoni’s leadership:
2007 ICC World T20
The entire team was rewarded a cumulative sum of INR 12 crore after the triumph of the first edition of T20 World Cup, winning a clutch game against Pakistan in the finals, with a very young team representing India.
2011 ODI World Cup
After being the first home team to be crowned the champions in the 2011 ODI World Cup, BCCI initially announced a prize money of INR 1 crore for each player, which was later revised to INR 2 crore. The support staff were paid INR 50 lakh, while selectors were handed rewards of INR 25 lakh each.
2013 Champions Trophy
Indian team winning their second ICC title on the English soil, Team India were awarded a prize money of INR 1 crore for each player by the BCCI, while the support staff too earned INR 30 lakh each.
Distribution of T20 World Cup 2024 prize money
The BCCI’s reward for the T20 World Cup 2024 triumph is significantly higher compared to previous ICC titles. According to reports, the distribution of the INR 125 crore prize money is as follows:
Each of the 15 players in the squad, including those who didn’t play a single game, will receive INR 5 crore.
The 4 reserves will be given INR 1 crore each.
Head coach Rahul Dravid will receive a cash reward of INR 2.5 crore, along with his coaching staff, who will get the same amount.
The backroom staff, including physios and throwdown specialists, will earn INR 2 crore each.
The selectors will be awarded INR 1 crore each.
Also READ: Prize breakup of INR 125 cr awarded to Team India after their T20 World Cup 2024 triumph
Significance of the reward
The BCCI’s generous prize money for the T20 World Cup 2024 champions is a clear indication of the board’s appreciation for the team’s outstanding performance. It also highlights the importance the BCCI places on winning ICC tournaments, especially after the team’s long wait since the 2013 Champions Trophy victory.
The reward will undoubtedly boost the morale of the players and support staff, motivating them to continue their winning streak and bring more laurels to the country. It also showcases the BCCI’s commitment to rewarding excellence and ensuring that the players are well compensated for their efforts.
The BCCI’s prize money for the T20 World Cup 2024 champions is a clear statement of their appreciation for the team’s hard work and dedication. The INR 125 crore reward is a significant increase compared to the previous ICC title wins under Dhoni’s leadership, reflecting the BCCI’s commitment to rewarding excellence and ensuring that the players are well-compensated for their efforts.
Also READ: Jasprit Bumrah gets heroic welcome after T20 World Cup champion returns home in Ahmedabad
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