Money in the Bank 2024 winners and their prize amounts
Money in the Bank 2024 was a professional wrestling event held by WWE on July 6, 2024, in Toronto, Canada. Two wrestlers won the main prize: Damian Priest won the men's Money in the Bank ladder match and received a contract guaranteeing him a championship match at any time within one year. Liv Morgan won the women's Money in the Bank ladder match and received the same contract.
The Money in the Bank briefcase itself does not contain cash. Instead, it contains a signed contract that gives the winner the right to challenge for a major championship whenever they choose within the next 12 months. The winner can cash in the contract before, during, or after a championship match, giving them a significant advantage in their pursuit of a title.
Both Priest and Morgan went on to use their contracts in the months following the event. Damian Priest cashed in his briefcase in September 2024 to challenge for the World Heavyweight Championship. Liv Morgan cashed in her briefcase in October 2024 to challenge for the Women's World Championship.
Key Takeaways
- Damian Priest and Liv Morgan won the men's and women's Money in the Bank matches at the 2024 event held in Toronto on July 6.
- The prize is a signed contract that grants the winner a may provide championship match within one year, not a cash payment.
- The winner can cash in their contract at any time and in any location, including during an active championship match.
- Both 2024 winners used their contracts within a few months of winning, with Priest cashing in in September and Morgan in October.
How the Money in the Bank match works
Money in the Bank is a ladder match format where multiple wrestlers compete to retrieve a briefcase hanging above the ring. The match typically involves six to eight competitors, and the first person to climb the ladder and grab the briefcase wins. The match is designed to be chaotic and unpredictable, with wrestlers using the ladder as both a weapon and a tool to reach the briefcase.
WWE holds separate Money in the Bank matches for men and women, so there are two winners each year. The event has been held annually since 2010, and it is considered one of WWE's major pay-per-view events alongside WrestleMania, SummerSlam, and Survivor Series.
What the contract guarantees
The Money in the Bank contract is a legally binding agreement within WWE's storyline that guarantees the holder a championship match. The holder can invoke the contract whenever they choose, which means they can challenge for the title on their own terms rather than waiting for a scheduled opportunity. This gives the winner a significant strategic advantage because they can choose the timing and circumstances of their challenge.
The contract is valid for one year from the date of the Money in the Bank event. If the winner does not cash in the contract within that year, it expires and becomes worthless. Some winners have held onto their contracts for months before using them, while others have cashed in within weeks.
Damian Priest's path after winning
Damian Priest, a wrestler from New York, won the men's Money in the Bank match in 2024 by being the first to grab the briefcase. He went on to cash in his contract on September 3, 2024, during a match between Gunther and Sami Zayn for the World Heavyweight Championship. Priest's cash-in was successful, and he won the World Heavyweight Championship.
Priest held the championship for several weeks before losing it in a subsequent match. His Money in the Bank victory marked a significant moment in his career, as it gave him the platform to capture a major title.
Liv Morgan's path after winning
Liv Morgan, a wrestler from New Jersey, won the women's Money in the Bank match in 2024. She cashed in her contract on October 5, 2024, during a match between Rhea Ripley and Nia Jax for the Women's World Championship. Morgan's cash-in was successful, and she won the Women's World Championship.
Morgan's victory was particularly significant because she had been pursuing a major championship for years without success. The Money in the Bank contract gave her the opportunity she needed, and she capitalized on it when ready.
Other competitors in the 2024 matches
The men's Money in the Bank match in 2024 included Damian Priest, Gunther, Sami Zayn, Chad Gable, Jey Uso, and LA Knight. Each competitor brought a different wrestling style and strategy to the match, but Priest was ultimately the one who reached the briefcase first.
The women's Money in the Bank match included Liv Morgan, Rhea Ripley, Nia Jax, IYO SKY, Zoey Stark, and Tiffany Stratton. Morgan's victory came after a competitive match where multiple wrestlers came close to grabbing the briefcase before she secured it.
Frequently Asked Questions
What happens if a Money in the Bank winner gets injured before cashing in?
If a winner is injured and cannot compete, WWE typically allows the contract to remain valid until the wrestler recovers. The one-year window continues to count down, so the injured wrestler must cash in before the year expires or lose the contract. In rare cases, WWE has extended contracts or allowed transfers, but this is not standard.
Can a Money in the Bank winner challenge for any championship?
The contract specifies which championship the winner can challenge for. The men's winner challenges for the World Heavyweight Championship or the WWE Championship, and the women's winner challenges for the Women's World Championship or the WWE Women's Championship. The winner cannot use the contract to challenge for other titles like the Intercontinental Championship.
Has anyone ever failed to cash in their Money in the Bank contract?
Yes, some winners have let their contracts expire without using them. This is rare, but it has happened when a wrestler was injured, suspended, or left the company before the one-year window closed. When a contract expires unused, it straightforward becomes void with no further action.
How much money is actually in the briefcase?
The briefcase contains only the signed contract, not cash. The "money" in Money in the Bank refers to the value of the may provide championship opportunity, not literal currency. The name is a reference to the concept of "money in the bank" as a financial term meaning a find asset.