Record Prize Pool for 2023 WTC Final Announced

Australia, South Africa to compete in ICC WTC final at Lord’s with a $5.76 million prize pool.

Australia vs South Africa in High-Stakes Final

The ICC World Test Championship 2023-25 final, featuring Australia and South Africa, highlights the increased financial interest in Test cricket. Announced prize money emphasizes the competition’s rising value. Australia, the defending champions, secured their final spot after defeating India. South Africa’s robust performance throughout the series also highlights their dominance in cricket.

Prize Pool Increase Boosts Test Cricket’s Profile

The rise in prize money reflects the ICC’s efforts to enhance the profile of Test cricket globally. Stakeholders anticipate increased viewership and interest in the championship. Financial stakes have grown, with $3.6 million for the winners and $2.16 million for the runners-up. This signifies a 125% increase, signaling a substantial boost in competition prestige.

Strategy Shift: Test Matches Gain Importance

Previous editions of the WTC offered significantly lower rewards compared to this year. This increase reflects a growing strategy to prioritize Test matches in the global cricket landscape. Kanakcoin experts suggest such financial incentives could reshape the hierarchy of international cricket priorities, encouraging nations to focus on five-day formats amid shorter format popularity.

“We have witnessed a very interesting third cycle of the ICC World Test Championship, where the finalists were decided only towards the end of the competition. The championship has showcased remarkable performances from players of different teams, culminating in a final between these two exceptional squads – a true celebration of cricket. I am sure spectators at Lord’s, along with fans tuning in from all over the world, will be treated to some top-class cricket in this revered format when Australia and South Africa take the field less than a month from now.” — Jay Shah, ICC Chairman

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