In 1983, when the Indian cricket team, led by Kapil Dev, won the Cricket World Cup, each player received a reward of 1 lakh rupees. To fund this, a concert featuring Lata Mangeshkar was organized. Similarly, in 2011, when MS Dhoni led the team to victory in the ODI World Cup, substantial monetary rewards were showered upon the players. Looking ahead to the 2023 World Cup, the winning team is set to receive more than 33 crores INR as a reward from the ICC. The runner-up will receive half of the champion's prize money.
It's worth noting that in 1983, players received a daily allowance of 50 pounds per match during the World Cup. This amount was used for meals, laundry, and other personal expenses throughout the tour. Additionally, a bonus of 15,000 rupees was awarded to each player for the entire tour.
In the context of the 2011 World Cup victory, the BCCI generously rewarded each Indian player with two crores rupees. Various state governments and companies also offered additional prizes, making the total prize money for the World Cup around 66 crores INR. The ICC contributed approximately 25 crores INR to Team India.
Looking ahead to the 2023 World Cup, the ICC has allocated a total prize pool of around 82.95 crores INR (10 million USD). The champion team will receive 33.17 crores INR (4 million USD), with the runner-up getting half of that amount. Teams winning matches in the group stage will receive 33.17 lakhs INR (40,000 USD) each.
The financial situation was different in 1983 when the BCCI did not have sufficient funds to reward the players adequately. Lata Mangeshkar played a crucial role by organizing a concert that generated 20 lakhs INR. All Indian team members were then rewarded with one lakh rupees each.
During the concert, Lata Mangeshkar performed various songs, but the most popular one was "Bharat Vishwa Vijeta." The lyrics for this song were written by renowned lyricist Indeevar, with music composed by Lata Mangeshkar's brother, Hridaynath Mangeshkar. Interestingly, during Lata Mangeshkar's performance, the Indian cricket team members harmonized with her from behind the stage.
Lata Mangeshkar did not charge any fee from the BCCI for the concert, and her contribution was remembered by the board and players alike. The BCCI even promised to reserve a seat for Lata Mangeshkar in every Indian stadium as a token of gratitude.
In 2003, when Lata Mangeshkar needed funds for her hospital, the BCCI organized a charity cricket match to raise money. This charity match took place just after the 2003 World Cup final between India and Sri Lanka. The funds collected were used for the Dinanath Mangeshkar Hospital and Research Center in Pune, dedicated to Lata Mangeshkar's father.
The BCCI continued to recognize and appreciate Lata Mangeshkar's contributions, showcasing a strong bond between cricket and one of India's most iconic voices.