PCB announces the prize money for Champions One-Day Cup 2024

Sep 12, 2024

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The Pakistan Cricket Board (PCB) has officially announced the prize money for the Champions One-Day Cup 2024, which kicked off today. The tournament aims to elevate the standard of domestic cricket in Pakistan by offering a competitive stage for emerging talent.

Champions One-Day Cup: A platform for emerging talent

The Champions One-Day Cup is seen as a key initiative by the PCB to strengthen domestic cricket and nurture new talent. The tournament will feature five regional teams and promises to bridge the gap between domestic and international cricket, making it a significant step for Pakistan cricket’s future.

High-profile opening match

The competition has begun with an exciting match between UMT Markhors, captained by Mohammad Rizwan, and Panthers, led by Shadab Khan. Fans are eagerly awaiting this clash of national stars and emerging players.

Last-minute team renaming

In a last-minute development, the PCB renamed the Wolves team to UMT Markhors, following their sponsorship by the University of Management and Technology (UMT). The name change adds a unique branding element to the tournament, further increasing interest in the competition.

Also READ: Champions One-Day Cup 2024 Schedule – Date, Match Time, Broadcast & Live Streaming details

Prize money details

The PCB has announced a lucrative prize pool for the tournament. The Champions One-Day Cup winners will take home PKR 30 million, while the runners-up will receive PKR 15 million. This significant prize money is expected to motivate teams to perform at their best and contribute to a high level of competition.

The Champions One-Day Cup 2024 is set to be a landmark tournament for Pakistan’s domestic cricket, offering exciting matchups and significant rewards for the top performers. Fans can expect thrilling action as the tournament unfolds.

Tournament format

The Champions One-Day Cup operates on a round-robin format, where each team competes against every other team once during the group stage. This format ensures a fair and competitive environment, offering each team an equal opportunity to demonstrate their skills and gain crucial points to secure a spot in the top rankings.

Following the group stage, the highest-ranked teams will progress to the knockout phase, which consists of a Qualifier match, followed by Eliminator 1 and Eliminator 2, culminating in an exciting Final to determine the tournament champion. This format not only fosters intense competition but also provides emerging players with valuable experience in high-pressure situations.

Also READ: From Meesha Imran to Salman Butt: Full list of commentators and presenters for Champions One-Day Cup 2024/25

For latest cricket news & updates, visit CricketTimes.com.

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