World Baseball Classic Prize Purse: Breaking down how much top three finishers will make in 2023

The World Baseball Classic is in full swing. Although 20 teams qualified for the long-awaited international tournament, there are only five teams remaining.

Although the teams involved are competing with the pride of their nation in mind, hefty prizes reserved for the top finishers in the tournament are sure to provide extra incentive.

Team Mexico upset Puerto Rico at LoanDepot Park in Miami on March 17, with Tampa Bay Rays outfielder Randy Arozarena completing a highlight reel-worthy catch to preserve the 5-4 score for his country.

"MEXICO MAKES HISTORY!!! The Mexican team comes from behind to beat Puerto Rico 5-4 and advances to the semifinals of World baseball classic" - @Palace_gio

Team Mexico will advance to face Japan in the World Baseball Classic semifinals after Los Angeles Angels star Shohei Ohtani and his teammates crushed Italy by a score of 9-3 on March 16.

The final quarterfinal game is set to take place between Team USA and Team Venezuela at the Miami Marlins' home field in Miami. Although the USA boasts some of the best talent in the MLB, Venezuela stands alone with Team Japan as the only team to go undefeated in the 2023 WBC so far.

All teams who qualified for the 2023 World Baseball Classic will be awarded $300,000. The money is supplied by the MLB, with prize money increasing for every round that a team advances to.

Japan, Cuba, Mexico and either Venezuela or the USA will be eligible to collect the semifinalist prize. Each team that reaches the semifinals is awarded $500,000. Additionally, the team that finishes second in the WBC final will be awarded another sum of $500,000.

"The four remaining World Baseball Classic games at LoanDepot Park in Miami have been sold out, @ Jonmorosi" - FOX Sports: MLB

The winner of the 2023 WBC will be awarded $1 million. When taken into account the prize money collected from previous rounds, the winning team will have pocketed $2 million by the time the tournament is over.

The 2023 World Baseball Classic has been a smashing international success

Although WBC has never drawn large audiences from the USA, baseball fans around the world are loving the action. With an estimated 27% of Japan's total population tuning in to watch Team Japan's pre-tournament action, there is no stronger proof that the tournament has massive appeal. Perhaps if Japan or one of the other non-American teams capture the title, we will see the WBC get even bigger next time around.