Hyderabad, April 08, 2008: The Indian Cricket League (ICL) today announced the prize money corpus of Rs. 3.24 crores for its upcoming ‘ICL 20s World Series 2008’ at a press conference held in Hyderabad. The Winners of this tournament stand to gain Rs. 1.25 crore, the Runner-up will cash in Rs. 75 lakh and the Third placed side will pocket Rs. 50 lakh. Every league match will be fiercely contested and the financial incentive for every win at the league stage will be a handsome Rs. 10 lakh, resulting in total prize money of Rs. 60 lakh at the league stage only. The incentive for individual performance during the 7 matches will be an impressive Rs. 2 lakh for Man of the Match.
Announcing the prize money for the ICL 20s World Series 2008, Kapil Dev, Chairman, Executive Board, Indian Cricket League (ICL) said, "The level of cricket at ICL is on an ascendancy mode. At the recently concluded Edelweiss 20s Challenge, we saw our boys come out with stand-out performances, which shaped the results of some high standard cricket matches. With ICL 20s World Series 2008, our promising domestic boys will face the toughest challenge of proving their cricketing credentials against two of the mightiest teams in the world. These Indian players have been selected after a thorough selection process by the Executive Board along with the Selection committee, based on their growth as cricketers and respective individual performance."
Inzaman-ul-Haq will lead the formidable ICL Pakistan team, Chris Cairns will lead a galaxy of international stalwarts representing ICL World and R.Sathish will lead the formidable ICL India. Moin Khan will coach formidable Pakistan side, England off spinner John Emburey will coach the World team and former Australian wicket keeper Steve Rixon will coach the Indian Team.
Kiran More , Executive Board Member, Indian Cricket League (ICL) said, "It is a full-filling experience to see the ICL make rapid strikes in terms of growing bigger and better in only its first year of operations. Multiple venues, additional teams, an improved player base and to top it all, a very impressive prize money to be won, should make the tournament an enthralling experience for both – the players and cricket fans."
The ICL has now successfully executed 3 tournaments and by the 15th April will be 4 tournaments old. Starting with the inaugural ICL 20-20 Indian Championship held at Chandigarh (Panchkula), The ICL 50’s held at Chennai & Hyderabad, and the highly competitive Edelweiss 20s Challenge that was held in Chandigarh (Panchkula), Gurgaon and Hyderabad, The ICL World Series is bound to set new standards in the domestic cricketing arena.