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ICC World Cup 2019: Winner to take home $4 mn; highest amount in WC history

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The winners of the upcoming ICC men's World Cup will earn a cash award of $4 million, the highest prize money on offer in the history of the tournament. The winners of the 10-team tournament will also get a trophy that they will lift at the historic Lord's on July 16, a statement from the ICC read. The total prize pot of $10 million will see the runners-up take home $2 million and the losing semifinalists $800,000 each at the end of the 46-day tournament being played across 11 venues in UK from May 30. There are prizes for each league match won, in what promises to be a competitive tournament with the world's best teams playing each other in a round-robin format. ICC CWC 2019 -- Prize Money: Winners (1) USD 4,000,000; Runners-Up (1) USD 2,000,00; Losing Semi-Finalists (2) USD 800,000 each; Winners of each league stage match (45): USD 40,000 each; Teams that do pass the league stage (6) USD 100,000 each. Read More Article Source -> Business Standard

SC overturns BCCI's life ban on Sreesanth in IPL spot-fixing case

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The Supreme Court Friday set aside the BCCI disciplinary committee's order imposing a life ban on former Indian cricketer S Sreesanth for his alleged involvement in the 2013 IPL spot-fixing scandal . A bench comprising justices Ashok Bhushan and K M Joseph said the disciplinary committee of the Board of Control for Cricket in India (BCCI) may reconsider within three months the quantum of punishment to be given to Sreesanth. The bench made it clear that the former cricketer will get the opportunity of being heard by the committee on the quantum of the punishment. The apex court also said that its verdict shall have no effect on the criminal proceedings pending against the former cricketer in the Delhi High Court, where the Delhi Police has challenged a trial court's order discharging all accused, including Sreesanth, in the IPL spot-fixing case. The bench passed this order on Sreesanth's plea challenging the decision of a division bench of the Kerala High Court