The International Cricket Council (ICC) on Thursday announced equal prize money for men’s and women’s teams at ICC events.
The decision of equal prize money was taken today in an ICC meeting in Durban on Thursday.
Teams are now all set to receive equal prize money for the same finishing position at comparable events as well as the same amount for winning a match at those events.
“This is a significant moment in the history of our sport and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally," ICC Chair Greg Barclay said.
“Since 2017 we have increased prize money at women’s events every year with a clear focus on reaching equal prize money and from here on in, winning the ICC Women’s Cricket World Cup will carry the same prize money as winning the ICC Men’s Cricket World Cup and the same for T20 World Cups and U19s too."
He also emphasised that cricket is a game for all and everyone should have the opportunity to earn equal money.
“Cricket is genuinely a sport for all and this decision from the ICC Board reinforces that and enables us to celebrate and value every single player’s contribution to the game equally,” he added.
After the distribution model for the next four years was agreed upon, the ICC Board also confirmed the largest investment ever made in the sport. Each ICC Member will get essentially upgraded financing with a strategic investment ring-fenced to drive worldwide development initiatives in accordance with the ICC Global Growth Strategy.
The ICC Board, likewise, endorsed changes to ICC Sanctioning Regulations, which is designed to help all Members to sustainable revenue streams and foster the game while safeguarding the integrity of the game and the welfare of those participating.
The Chief Executive Committee (CEC) agreed this amendment would be retrospective and applied from the start of the current World Test Championship cycle