The International Cricket Council (ICC) announced Equal Prize Money for men’s and women’s teams in its global competitions on Thursday as part of an exercise to bring pay equality, ushering in a new era in world cricket. , champions England received $4 million while runner-up New Zealand received $2 million.
The International Cricket Council (ICC) today announced equal Prize Money for men’s and women’s teams in ICC competitions, the ICC said in a statement. This decision was made at the annual ICC conference in Durban, South Africa, and ensures that the ICC Board has delivered on its commitment to achieve prize money parity well ahead of schedule by 2030.
It further added: “Teams will now receive Equal Prize money for finishing in the same positions in relatively similar events, as well as equal prize money for winning matches in those events.”
ICC President Greg Barclay said: “This is an important moment in the history of our game and I am delighted that male and female cricketers participating in ICC’s global events are now being rewarded equally.”
“Each year since 2017, we have increased prize money in women’s competitions with a clear focus on achieving equal prize money, and from now on, winning the ICC Women’s Cricket World Cup will net the same amount as winning the ICC Men’s Cricket World Cup. will be prize money and the same will apply to T20 World Cup and Under-19.
Jay Shah, Secretary of the Board of Cricket in India (BCCI), as head of the Financial and Commercial Affairs Committee (F&CA), played an active role in policy formulation and did so on his board last year.
I am pleased to announce that an important step has been taken towards gender equality and inclusiveness. Not the prize money at all @ICC events will be the same for men and women. Together we grow.…
— Jay Shah (@JayShah) July 13, 2023
“I thank the fellow board members for their support in helping us achieve this important goal,” he added. Let’s work towards a future where cricket continues to flourish around the world.(Language)