Record payouts for CWI Championships

Cricket West Indies are poised to shell out nearly a quarter-million United States dollars in prize money for the Regional Super50 Cup, a record payout for the 50-overs championship.

The winners of the tournament will collect US$100,000 while the losing finalists will take away $50,000. For the first time, the side topping the table in the league phase will earn another $50,000.

The increased payout extends to next year’s West Indies first class championship, as well as the Women’s Super50 Cup and T20 Blaze, resulting in nearly US$2.5 million in prize money and bonuses being distributed over the next four years.

CWI President Dr. Kishore Shallow said, “The aim is to incentivize our cricketers, which will ultimately result in more intense and competitive cricket.” “These new prize monies represent a significant increase in the reward purse for teams in regional cricket.”“We firmly believe this will act as a fillip to players’ performances and their pursuit of excellence. This is part of our investment in the game and those who fly the flag on the field.”

Eight teams will contest the Super50 Cup which will be played in T&T across three venues — Queen’s Park Oval in St. Clair, Portof-Spain, the Brian Lara Cricket Academy in Tarouba, San Fernando and the UWI Sport and Physical Education Centre (UWI SPEC) at the St. Augustine Campus.

The tournament will feature West Indies stars including Shai Hope, Rovman Powell, Kraigg Brathwaite, Shimron Hetmyer and Alzarri Joseph.

There has been a massive raise in prize money for the first class championship which will be played in the first half of next year, with the champions earning quarter-million US dollars, eight times the amount paid out last year. The second-placed team will receive US$100,000.

Meanwhile, the winners of the Women’s Super50 Cup will receive US$20,000 next year, with a minimum increase of US$10,000 annually over the next four years.

There is also an increase for the T20 Blaze with the champions taking away US$10,000. The increases will be made over the next four-year cycle.CWI also said there would be “further increases” for individual players as well as “a major boost” in pay for women’s players, once the Memorandum-of-Understanding with players union, WIPA, was finalised.