The International Cricket Council (ICC) has hiked the prize money for this year’s Champions Trophy by $ 500,000, making it $4.5 million with a winner’s share of $2.2 million.
“The upcoming ICC Champions Trophy in England and Wales from 1-18 June carries a total prize money of $ 4.5 million with the winner of the eight-team tournament taking home a cheque of $ 2.2 million,” the ICC announced.
The eighth edition of the tournament sees an increase of $ 500,000 in prize money from the 2013 edition, which too was played at the three venues being used this time -- Cardiff Wales Stadium, Edgbaston and The Oval.
The runner-up of the tournament will get a cheque of USD 1.1 million, while the other two semifinalists will earn USD 450,000 each.
Teams finishing third in each group will take home USD 90,000 each, while the teams finishing last in each group will get USD 60,000 each.