“IPL Prize Money 2021: Breakdown of Rewards for Winners and Players”

2023-05-27 12:22:33

Ahmedabad: As Gujarat Titans and Chennai Super Kings clash in the Indian Premier League final, the sports world is anxious to see who will win the title this time. But how much is the prize money for those who win the IPL? The prize money is also being discussed.

IPL started in 2008. Rajasthan Royals won the first title in IPL that day. Rajasthan Royals, the winners of the first season, received Rs 4.8 crore as prize money that day. Meanwhile, in 2008 and 2009, the runner-up received Rs 2.4 crore. It was the highest prize money awarded in a cricket match at that time. Later, from 2010 to 2013, there was a significant increase in the prize money of IPL.

The winners received Rs 10 crore and the runners-up Rs 5 crore during this period. The IPL prize money was increased in the 2014 and 2015 seasons as well. From 2016 to 2019, the prize money remained at Rs 20 crore for the winner and Rs 11 crore for the runner-up. But in 2020, as a cost-cutting measure, the board had proposed to halve the prize money, but the prize money was restored to Rs 20 crore.

But following 15 years, there have been many changes in IPL and the prize money of IPL has increased many times. Last season’s winners Gujarat Titans got Rs 20 crores and runners-up Rajasthan Royals got Rs 13 crores.This time the total prize money awaiting the IPL winners is Rs 46.5 crores. The third place team gets Rs 7 crore and the fourth team gets Rs 6.5 crore. The player who scores the most runs and gets the orange cap and the player who takes the most wickets and gets the purple cap will get Rs 15 lakh.

Meanwhile, the emerging player will get Rs 20 lakh and the most valuable player will get Rs 12 lakh as prize money. Power Player of the Season, Super Striker of the Season and Game Changer of the Season will get Rs 15 lakh and Rs 12 lakh respectively. And this time along with Player of the Match there are six add-on awards for each league game, each carrying a prize of Rs 1 lakh. There are reports that the Board of Control for Cricket in India (BCCI) is planning to further increase this prize money in the coming seasons.

English Summary: IPL 2023 Prize Money Details

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