T20 World Cup: How many more MILLIONS the Proteas can earn

The Proteas have already banked a lot of money at the ongoing ICC T20 World Cup – and could well pocket even more before the tournament wraps up.

The Proteas finished top of Group D after beating the United Arab Emirates by six wickets in their final group match on Wednesday.

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While South Africa has already earned decent prize money from their success at the T20 World Cup to date, they still have several millions more to play for as they aim to go all the way in India.

HOW MUCH THE PROTEAS CAN STILL POCKET AT THE T20 WORLD CUP

The Proteas have already earned around R2 million at the tournament.

This is thanks to the ICC allocating $31 154 (R498 000) in bonuses for every victory in the tournament.

To date, the Proteas have defeated Canada, Afghanistan, New Zealand and the UAE.

MILLIONS STILL UP FOR GRABS EN ROUTE TO THE REAL PRIZE

Regardless of how much money the Proteas accumulate, the real prize remains the T20 World Cup trophy itself.

However, the prize money increases significantly throughout the tournament, especially for the eventual champions, runners-up and semi-finalists.

That means the biggest financial rewards still lie ahead if South Africa continue on their winning run and progress through the Super Eights stage.

The winning team will take home $3 million (R48 million), the highest payout ever for a T20 World Cup. The runners-up won’t leave empty-handed, with an expected payout of $1.6 million (R25.6 million). Even reaching the semi-finals guarantees a massive financial boost of roughly $790 000 (R12.6 million) per team.

Therefore, if the Proteas progress to the semi-finals, they will earn around R12.6 million for reaching that stage alone.

Should they advance to the final, South Africa will be playing for around R48 million.

Next stage

The next step for the Proteas is the Super Eights, where they will face hosts India, as well as the West Indies and Zimbabwe, in what promises to be a challenging group.

The top two teams from each group will advance to the semi-finals.

From then on, it’s straight knock-out cricket – where anything can happen …