No... I disagree, have a look at Premier League prize money:

1st - £16m
2nd - £15.2m
3rd - £14.4m
4th - £13.6m
5th - £12.8m
6th - £12m
7th - £11.2m
8th - £10.4m
9th - £9.6m
10th - £8.8m
11th - £8m
12th - £7.2m
13th - £6.4m
14th - £5.6m
15th - £4.8m
16th - £4m
17th - £3.2m
18th - £2.4m
19th - £1.6m
20th - £0.8m

So T11 leagues prize money pretty much follows that basis, It is unknown if any prize money for 8th to 14th is awarded in the T11 leagues.