India and New Zealand are set to face each other on the 18th of June to decide the winners of the inaugural edition of the WTC. The marquee event is set to take place at the Ageas Bowl in Southampton, where India is currently staying. A lot of pride is at stake, along with the No.1 Test spot up for grabs.
To add to the already high-stakes, the International Cricket Council has announced the prize money for the upcoming World Test Championship final between India and New Zealand. The ICC CEO Geoff Allardice released a statement on Monday that stated that the winners of the final will take home 1.6 million USD as the reward.
“The winners of the much-awaited ICC World Test Championship (WTC) Final between India and New Zealand will take home a purse of $ 1.6 million along with the ICC Test Championship Mace,” the statement read.
The losing team will get 800,000 USD: ICC
ICC also announced the cash prize of 800,000 USD for the team finishing second. It also mentioned a prize of 450,000 USD for the third placed team, 350,000 USD for the fourth placed team, 200,000 USD for the fifth and finally, 100,000 USD for the remaining four teams in the cycle.
“The losing team will get USD 800,000 for finishing second in the nine-team competition, which was played over a near two-year cycle, adding context to Test cricket and to crown the first official world champions in the longest format of the game.”
As known already, the team that wins the title in the longest format of the game will get the Test Mace, which was previously given to teams topping the ICC Men’s Test Team Rankings. In case of a draw, the ICC said that the teams will share possession of the Mace.
“In case the final ends in a draw or a tie, the finalists will split the prize money for the first and second places and share possession of the Mace during the time they remain champions,” the ICC said.