WTC Final 2023: Prize money announced for ICC World Test Championship 2021-23 cycle; Winners to receive $1.6 million

The ICC have announced the prize pot for the World Test Championship 2021-23 cycle with a total purse of $3.8 million to be shared between the nine teams.

The Australia-India ICC World Test Championship 2023 Final will have a major incentive for both teams as other than the crowning glory in the longest format of the game, the winners will also collect $1.6 million as the winners’ prize money. The losing finalists will pocket $800,000.

The championship decider will be played at The Oval, London from 7 to 11 June with 12 June as the reserve day.

The tournament prize money is the same as that for the inaugural edition of the championship – ICC World Test Championship 2019-21 – a total purse of $3.8 million.

The Kane Williamson-led New Zealand side were rewarded with $1.6 million besides the glittering Mace in Southampton two years ago courtesy of an eight-wicket win over India in the six-day final.

All nine ICC World Test Championship 2021-23 participants will get a share in the $3.8 million purse. South Africa have earned $450,000 by finishing third in the ICC World Test Championship 2021-23 standings.

England who made a late resurgence in the two-year cycle with an aggressive playing style, ended up fourth on the table – a reward of $350,000.

Sri Lanka, who were in the running for a place in the final before their series defeat in New Zealand, dropped down to the fifth spot. Their prize money share is $200,000.

Sixth-placed New Zealand, seventh-placed Pakistan, eighth-placed West Indies and ninth-placed Bangladesh will be given $100,000 each.