FIBA Basketball World Cup 2023 Prize Money, Payout Breakdown, How much champions German gets their share home

The FIBA World Cup is not only a showcase of the best basketball talent in the world, but also a significant financial opportunity for the victorious team. As we look forward to the 2023 tournament, the excitement of the event and the prestigious nature of the title will be matched by the prize money that comes with it.

History has been made at the 2023 FIBA Basketball World Cup as Germany was crowned champion for the first time ever.

A thrilling championship game saw the German squad hold off Serbia behind the play of Dennis Schröder, who scored a game-high 28 points, capping off an incredible tournament run in which his team went undefeated.

It will be played from August 25, 2023, to September 10, 2023, and will be jointly hosted by the Philippines, Japan, and Indonesia. Spain will be defending their title having beaten Argentina in the FIBA World Cup 2019. 32 teams from all over the globe are participating in FIBA World Cup 2023.

What is the prize money for the FIBA Basketball World Cup 2023 winners?

Rank No. of Teams Payout

Germany - Champions 1 $2.5m

Serbia - Runner-ups 1 $1.5m

Canada - Third Place 1 $1.2m

United States - Fourth Place 1 $1.2m

Latvia, Lithuania, Slovenia, Italy -- 5th to 8th Place Each team $800k

9th to 16th Place Each team $550k

17th to 32nd Place Each team $200k

In the most recent FIBA World Cup, held in 2019 in China, the prize money pool was a record $15 million, with the winning team receiving $2.5 million. The runner-up team received $1.5 million while the third and fourth-placed teams received $1.2 million each. The breakdown of the prize money for the 2019 World Cup was as follows:

The prize money for the 2014 FIBA World Cup held in Spain was also $ 15 million, but it was divided up differently than the 2019 event. The winners of that tournament received $ 1 million, while the runner-up team received $ 600,000, and the third and fourth-placed teams received $ 350,000 each.