Dubai,Nov 12: The International Cricket Council (ICC) has announced a 20% increase in prize money for ICC World Cup 2015. The ICC confirmed the changes for the 10th World Cup to be played in New Zealand and Australia in February.
According to reports, the winners will take home $3.975 million (3.18 million euros), but if a team remains unbeaten that would rise to more than $4m.
Besides, this 20 percent increase in prize-money, the tournament organizers also finalised playing conditions. The ICC announced that the Decision Review System (DRS) will be used in all 49 matches and that there would only be reserve days in the knock-out phase and no super overs would be added to decide matches tied in the playoffs stages.
In case of a tied quarter-final and semi-final, the side finishing in the higher position in the group stage would progress. If there is a tie in the final or the match is a no-result, both the teams will be declared joint winners.
The ICC raised the pot of prize-money from 8.01 million dollars to 10 million dollars. The team which loses the March 29 final at Melbourne would get 1.75 million dollars while the two losing semifinalists would get $ 6,00,000 each.
The ICC board confirmed that the four losing quarter-finalists will receive $300,000 each while the winners of each group matches will get $45,000 per match.
(With Agency Inputs)