The International Cricket Council (ICC) today announced equal prize money for men’s and women’s teams at ICC events while also making changes to the over-rate sanctions in Test cricket.
Equal prize money for men’s and women’s events
The decision was made during the ICC Annual Conference held in Durban, South Africa, marking a significant milestone in ICC’s endeavor to achieve prize money parity by 2030, surpassing the predetermined timeline for the same.
Teams will now receive equal prize money for finishing in similar positions at comparable events as well as the same amount for winning a match at those events.
ICC Chair Greg Barclay said: “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.
“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.”
Barclay added, “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.”
BCCI secretary Jay Shah played an active role as the head of Financial & Commercial Affairs Committee (F&CA) in formulating the policy having done the same in his own board last year.
“I thank the fellow Board members for their support in helping achieve this important endeavour. Let’s work towards a future where cricket continues to thrive across the globe.”