IPL Prize Money: Full Details on Team & Player Earnings
The Indian Premier League (IPL) isn’ just a cricketing spectacle but also a tournament where the stakes are incredibly high, not only in terms of sporting glory but also in financial terms. This article is going to examine the IPL’s prize money structure in depth.
As one of the richest cricket leagues in the world, the IPL offers a significant monetary reward to its participating teams, with the winners, runners-up, and other teams all standing to gain handsomely.
We’ll break down how much is up for grabs and how this prize money adds an extra layer of excitement to the already thrilling matches.
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IPL Prize Money
| Awards | Amount |
| Champion | ₹20,00,00,000 |
| Runners up | ₹12,50,00,000 |
| Losing Qualifiers | ₹4,75,00,000 |
| Losing Qualifiers | ₹4,75,00,000 |
| Super Striker of the season | ₹10,00,000 |
| Crack it sixes of the season | ₹10,00,000 |
| Power player of the season | ₹10,00,000 |
| Most valuable player | ₹10,00,000 |
| Game changer of the season | ₹10,00,000 |
| Emerging player | ₹10,00,000 |
| Purple Cap winner | ₹10,00,000 |
| Orange cap winner | ₹10,00,000 |
The champion of the IPL will receive ₹20,00,00,000 and the runner-up will receive ₹12,50,00,000. There are two losing qualifiers and they both receive the same amount of prize money of ₹4,75,00,000. The other teams will not be awarded any prize money. The IPL rules mandate that half of the prize money must be distributed among the players. Based on the players performance throughout the whole season players gets awarded a huge prize in different categories. There are also awards given after each match finishes. The selected best matchmakers gets awarded.
There is a possiblity that the prize money could be reduced to half due to Covid-19. As far we can tell The Board of Cricket Control of India (BCCI) has already decided this.
