One of the most prestigious basketball event will began in August and ends in September 2023. The official dates of the FIBA Basketball World Cup 2023 announced. As per reports the event will be hosted by the three nations Philippines, Japan, and Indonesia. FIBA Basketball World Cup prize money based on the reported data for year 2023 revealed.
| Standings | Prize Money | Number of Teams |
|---|---|---|
| Champions | $2.5m | 1 |
| Runner-ups | $1.5m | 1 |
| Third Place | $1.2m | 1 |
| Fourth Place | $1.2m | 1 |
| 5th Place – 8th Place | $800k | each team |
| 9th -16th Place | $550k | each team |
| 17th-32nd Place | $200k | each team |
Officials details based FIBA Basketball World Cup prize money reported above. There is a massive hike in the prize money of the competition since 2014. As per reports the winner of the FIBA Basketball World Cup will earn $2.5m in year 2023. While in year 2014, the winner received share of $1m.
Runner-up team back in year 2014, received share of $600k which is increased in year 2023 upto $1.5m which makes it’s one of the expensive tournaments in International Basketball. The official details of 2014, tournament indicated that 3rd place team and fourth place team received share of $350k while in year 2023 figures were improved for the 3rd and 4th place team and they will earn guaranteed prize fund of $1.2m.
- FIBA Basketball World Cup 2023, winners will earn guaranteed prize money of $2.5m no extra bonus reported yet.
- The team who reached the final could not win or lift the trophy will receive share of $1.5m as of runner-up.
- Third place team in FIBA world cup 2023 will earn guaranteed prize money of $1.2m and same prize fund adjusted for the fourth place team in the competition.
- As per reports $800k divided among teams from 5th place to 8th place each equally.
- $550k share of prize fund provided to each team rank from 9th to 16th place in the competition.
- All teams from 17th place to 32nd place will earn share of $200k in the competition.
If there are any changes to the current FIBA Basketball World Cup prize money details will be updated here later which include bonuses for players.