Champs Trophy prize money revealed

The winner of next month’s Champions Trophy will pocket $US2.2 million ($AU2.98 million), after the International Cricket Council announced an increase of half-a-million dollars in the prize pool for the tournament.

The total prize pool for the tournament is $US4.5 million, $500,000 more than the 2013 Champions Trophy, also played in England and Wales.

The team which loses the June 18 final at The Oval will pocket more than $US1.1 million while the two losing semi-finalists will each get $US450,000.

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Teams finishing third in each group will take home $US90,000 each, while the teams finishing last in each group will get $US60,000 each.

The tournament, featuring the top eight one-day nations, will kick off on June 1 when England meet Bangladesh in London, while Australia will kick off their campaign against New Zealand at Edgbaston one day later.

Australia will also meet Bangladesh and England as they compete for a semi-final berth, while South Africa, India, Pakistan and Sri Lanka make up the other group.

Earlier this month, the ICC announced the prize pool for this year’s Women’s World Cup had been doubled to $US2 million.

The original prize pool for the 2017 tournament was $US1 million, announced by the ICC in 2015, but the ICC confirmed on Thursday that amount would be doubled, to $US 2 million ($AUD2.7 million).

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It’s a ten-fold increase on the $US200,000 prize pool that was on offer for the previous World Cup in 2013, when Australia defeated West Indies in the final to claim their sixth title.

The tournament gets underway in England in late June, following the Champions Trophy final.

Champions Trophy 2017 Guide

Squads: Every Champions Trophy squad named so far

Group A: Australia, New Zealand, England, Bangladesh.

Group B: India, South Africa, Sri Lanka, Pakistan.

Schedule

Warm-up matches

26 May – Australia v Sri Lanka, The Oval

27 May – Bangladesh v Pakistan, Edgbaston

28 May – India v New Zealand, The Oval

29 May – Australia v Pakistan, Edgbaston

30 May – New Zealand v Sri Lanka, Edgbaston

30 May – Bangladesh vs India, The Oval

Tournament

1 June – England v Bangladesh, The Oval (Day)

2 June – Australia v New Zealand, Edgbaston (D)

3 June – Sri Lanka v South Africa, The Oval (D)

4 June – India v Pakistan, Edgbaston (D)

5 June – Australia v Bangladesh, The Oval (D/N)

6 June – England v New Zealand, Cardiff (D)

7 June – Pakistan v South Africa, Edgbaston (D/N)

8 June – India v Sri Lanka, The Oval (D)

9 June – New Zealand v Bangladesh, Cardiff (D)

10 June – England v Australia, Edgbaston (D)

11 June – India v South Africa, The Oval (D)

12 June – Sri Lanka v Pakistan, Cardiff (D)

14 June – First semi-final (A1 v B2), Cardiff (D)

15 June – Second semi-final (A2 v B1), Edgbaston (D)

18 June – Final, The Oval (D)

19 June – Reserve day (D)