The World Cup also promises a financial boost for the Pakistan Cricket Board, which lost the hosting rights in 2009, shortly after militants attacked the Sri Lankan cricket team in Lahore.
According to reports, the Pakistani team scooped up cash prizes of US$1.5million. The prize money includes reward for Pakistan’s five wins in the group matches for each of which they won $60,000 plus $750,000 for reaching the semifinals.
According to the regulations, the International Cricket Council will pay the prize money directly to the PCB, which will distribute it among the players and officials. The Pakistani players can also expect cash bonus prizes for reaching the semifinal from the Pakistan Board.
The Punjab chief minister Shahbaz Sharif has already announced that he will distribute half-a-million rupees each to every player of the team for their good performances.
A source in the Pakistan team said that players have decided to share their prize money with the management and support staff. The PCB will also be richer by around $8million, which was assured to them for being the co-hosts.
“The money from the World Cup will definitely improve our financial health as we have already lost out on a lot of estimated revenue due to India’s refusal to tour Pakistan in early 2009 for a bilateral series. We have also been forced to play our last few ‘home’ series abroad at neutral venues,” a board official said.
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