The World Test Championship cycle of 2023-25 is about to see its much-anticipated conclusion as Australia will attempt to defend their title against South Africa from June 11 in the final.
The final of the cycle will be played at the iconic Lord's Stadium in London, where Temba Bavuma's men will look to end their wait for a major ICC trophy that has eluded the Proteas since 1998.
This will be the first of the three finals in which the runner-ups from both editions, India, won't be competing to win the trophy.
📲 Follow The Sporting News India on WhatsApp
As the teams are all set to face off on English soil, let us have a look at how much every participating team will get as a reward for their finishing position below.
READ: Will it rain during the WTC Final at the Lord's?
What is the prize money for each team in the World Test Championship 2023-25?
The winner of the final will get a whopping USD $3.6 million (INR 30 crore approx), and the runner-ups will get $2.16 million (INR 18 crore approx.). India, which finished 3rd on the points table, will also be rewarded with $1.44 million (INR 12 crore approx.).
| Position | Team | Prize money (USD) | Prize money (INR) | Prize Money (AUD) |
|---|---|---|---|---|
| Winners | Winner of Australia vs South Africa | 3,600,000 | 30,79,24,560 (Approx.) | 5,521,472 (Approx.) |
| Runner-ups | Loser of Australia vs South Africa | 2,160,000 | 18,47,54,736 (Approx.) | 3,312,883 (Approx.) |
| 3rd | India | 1,440,000 | 12,31,69,824 (Approx.) | 2,208,588 (Approx.) |
| 4th | New Zealand | 1,200,000 | 10,26,41,520 (Approx.) | 1,840,490 (Approx.) |
| 5th | England | 960,000 | 8,21,13,216 (Approx.) | 1,472,392 (Approx.) |
| 6th | Sri Lanka | 840,000 | 7,18,49,064 (Approx.) | 1,288,343 (Approx.) |
| 7th | Bangladesh | 720,000 | 6,15,84,912 (Approx.) | 1,104,294 (Approx.) |
| 8th | West Indies | 600,000 | 5,13,20,760 (Approx.) | 920,245 (Approx.) |
| 9th | Pakistan | 480,000 | 4,10,56,608 (Approx.) | 736,196 (Approx.) |
WTC prize money for previous editions' finalists and winners
Interestingly, this edition's winners and runner-ups will receive a considerable hike from that of the previous two finalists.
Both the finalists will get over twice the amount Australia and New Zealand (the winners) and India (the runner-ups) won in 2021 and 2023.
The following is the prize money won by the WTC finalists in 2021 and 2023:
- Winners (New Zealand and Australia): $1.6 million
- Runner-ups (India x 2): $800,000