ICC: Equal prize money for men's and women's cricket events

economictimes.indiatimes.com:

ICC with an aim to achieve prize money parity by 2030 on Thursday announced equal prize money for both the men’s and women’s teams at ICC events while also making changes to the over-rate sanctions in Test cricket. The recent decision by the council means that the teams will now ‘receive equal prize money for finishing in similar positions at comparable events as well as the same amount for winning a match at those events.’ The new decision will be applicable from the next cycle of events of ICC where same prize money to men's and women's champions and runners-up teams will be given at the global events. ICC has been increasing price money over the years. The amount that winners and runners-up of ICC Women's T20 World Cup 2020 and 2023 received was five times the amount they did in 2018. The prize money for the ICC Women's Cricket World Cup 2022 rose to $3.5 million from the $ 2 million that was awarded for winning the cup in England back in 2017.

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«This is a significant moment in the history of our sport and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally,» ICC Chairman Greg Barclay said in a statement by ICC. Along with the decision to end gender disparity in the game, the committee has approved changes to test cricket's over-rate fines. This came with an aim to achieve a balance between the