There is a difference of more than 10 times in the prize money of the teams winning the FIFA World Cup and ICC ODI World Cup. FIFA is the biggest football and sports tournament in the world. Whereas ODI World Cup is considered to be the biggest tournament of cricket.
FIFA World Cup of football prize money
The FIFA World Cup of football is the biggest sports event in the world. Football is the number one sport in the world. The FIFA World Cup was played in 2022, in which Argentina, captained by legendary footballer Lionel Messi, won the title. Argentina, which won the title, received 42 million US dollars (about 334 crore Indian rupees) as prize money.
Argentina, which won the World Cup, has received 42 million dollars (approximately Rs 348 crore and Rs 48 lakh). France, the tournament runner-up, will get $30 million (approximately Rs 248 crore and Rs 20 lakh). FIFA had fixed the prize money of 440 million dollars (36 billion, 40 crore and 27 lakh rupees) for this World Cup.
Argentina won the penalty shootout against France in the final of the FIFA World Cup 2022. The score was tied at 2-2 in regular time and then the score was tied at 3-3 in extra time. Argentina fulfilled Lionel Messi’s dream by winning 4-2 in the shootout. A huge prize money was kept in this World Cup which was distributed from the winning team to the team playing in the group stage.
ODI World Cup, according to the prize money announced by the ICC
Talking about the ODI World Cup, according to the prize money announced by the ICC, the team that wins the title of cricket’s biggest tournament ODI World Cup 2023 will be given 4 million US dollars (about 33 crore Indian rupees).
Australia cricket team won the World Cup 2023 title by breaking the hearts of crores of Indian fans at the Narendra Modi Stadium in Ahmedabad. Australia got Rs 33.31 crore The winning Australian team of ICC ODI World Cup 2023 has received a huge amount of Rs 33.31 crore as prize money.
Whereas the runner up Indian team has got an amount of Rs 16.65 crore in its account.
If we talk about the entire prize money of the tournament, it was 83.29 crores i.e. 10 million US dollars. The teams of South Africa and New Zealand were eliminated from the tournament after losing in the semi-finals.
In such a situation, both these teams got an amount of Rs 6.66 crore. Whereas all the 6 teams that were out of the knockout got Rs 33.61 lakh.
How to FIFA makes money
FIFA, formed in 1904, is a non-profit organization whose objective is not to make money. Whatever revenue is earned from this game is used to make this game even better. FIFA’s biggest source of income is television rights. The second medium is marketing rights, in which we earn from sponsors, regional supports and national supports.
A good amount of money is also earned from royalty and brand licensing rights. The organization also earns billions from the sale of tickets for matches held in the countries that host FIFA. The price of a ticket for the Qatar FIFA World Cup knockout has been kept above Rs 15 lakh.
How to ICC ODI World Cup makes money
According to Disney-Star, viewers spent 12% more time on TV compared to 2019. Star and Disney have made a profit of Rs 2,500 crore from this. BCCI has also benefited a lot from this World Cup. More than 10 lakh spectators have reached the stadium and watched the matches.
The International Cricket Council (ICC) partnered with 20 sponsors for the World Cup-2023. It has six global partners. These include MRF Tyres, Booking.com, IndusInd Bank, MasterCard, Aramco and Emirates. According to experts, ICC is expected to earn $ 150 crore i.e. about Rs 1,249 crore from the event.
India has the highest number of cricket fans and no cricket lover would want to miss the World Cup final. ICC, BCCI and Disney+Hotstar (Star) benefit the most from this. Britain’s economy grew by Rs 3,600 crore due to the organization of the 2019 Cricket World Cup.
Highest prize money sports | Cricket World Cup Prize Money is 10 times Less
Formula 1 offers a whooping sum of around $ 135 million to the winner. It is the highest prize money offered by any tournament in the sporting world.
Football UEFA Champions League offers the second-highest winning prize money a total of $93.7 million.
FIFA World Cup : One of the most popular tournaments in the world, FIFA World Cup awards a prize of $ 41 million to the winning team.
The mega baseball tournament World Series (MLB) offers a prize money of $35 million.
Golf tournaments : One of the top golf tournaments, the FedEx Cup’s winner receives a prize money of $18 million.