Highest ever prize money in cricket history more than World Cup 2023, IPL cash prize combined; winner got…

The highest ever cash prize in the history of cricket was more than the double of the amount given to teams that win the World Cup or the IPL.

The International Council of Cricket had recently revealed the prize money for the winning team and the runner-up for the ICC ODI World Cup 2023, set to be held in India. The whopping prize money for the winning team is USD 4 million, which is over Rs 33 crore.

While the ODI World Cup offers the highest prize money among all the cricket tournaments across the world, there is one age-old cricket match which had the highest ever prize money in the history of the sport, double than that of both World Cup and IPL.

The highest-ever cash prize in cricket history was awarded in the Stanford Super Series in 2008, which was a series of domestic T20 format cricket matches sponsored by English billionaire Allen Stanford, who was later convicted of financial fraud.

The star event of the series was a match between the England national cricket team and an all-star team from the Caribbean, dubbed as the Stanford Superstars. The official cash prize set for the winning team was USD 20 million, highest ever in cricket history.

According to the valuation of US dollar against the Indian Rupee in 2008, USD 20 million came out to be over Rs 87 crore. Each team member of the winning team was set to get USD 1 million, while the rest of the amount to go to staff members, and no prize money for the runner-up.

The Indian cricket team, who had just won the 2008 T20 World Cup was also invited to play, but they declined the offer since BCCI launched the Indian Premier League (IPL) in the same year. The total cost of the tournament was a whopping USD 100 million.

However, the founder Allen Stanford was convicted of fraud and money laundering, and eventually, the Stanford Super Series never took off.

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