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From Millions to Crores: How World Cup Prize Money Soared for Team India

The BCCI’s announcement of a whopping INR 125 crore prize money for the recent T20 World Cup winners highlights the vast increase in financial rewards for cricketers. This raises a question: how much did MS Dhoni and his team receive for their 2011 World Cup victory?

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While the exact details of the BCCI’s distribution plan for the 2024 win haven’t been revealed yet, we can look back at 2011. Back then, the BCCI offered a significantly smaller sum. According to Sportstar, , each member of the 2011 World Cup-winning squad received a bonus of INR 2 crore. This figure is a mere fraction of the current prize pool.

 

There are several reasons for this dramatic rise in prize money. Firstly, the BCCI’s financial clout has grown considerably. In 2010-11, their surplus income was around INR 189 crore. Today, that figure has skyrocketed, showcasing the immense commercial success of Indian cricket.

 

Secondly, the value of cricket has risen globally. Increased viewership, lucrative sponsorship deals, and broadcasting rights have contributed significantly to the sport’s financial muscle. This, in turn, allows cricket boards like the BCCI to offer more substantial rewards to their players.

 

Interestingly, the 2011 bonus amount for Dhoni’s team wasn’t finalized without some negotiation. Initially, the BCCI announced a bonus of just INR 1 crore per player. However, the players expressed their dissatisfaction, and the BCCI revised the figure to INR 2 crore, reflecting the growing stature of Indian cricketers.

 

The current INR 125 crore prize money signifies not just the team’s victory but also the immense financial power wielded by the BCCI. It’s a far cry from the 2011 scenario, highlighting the rapid commercialization of the sport. While individual player payouts remain unknown, it’s safe to say that the 2024 champions will be handsomely rewarded for their triumph.

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