IPL final prize money: The Indian Premier League is considered not only the world’s toughest franchise cricket league but also the costliest one as well. Ever since coming into existence in 2008, the IPL has gone from strength to strength. The inflow of money has risen year after year with more brands becoming the part of the cash rich league. With more money coming into the league, the winners and runners up prize money as also seen massive jump over the years. In this article we decode the IPL Final Prize money over the years. Follow Indian Premier League 2023 LIVE Updates on InsideSport.IN.
Decoded: IPL Final Prize money over the years
IPL Final Prize money
Currently the total IPL prize pool of Rs 46.5 Cr is still the highest among all franchise tournaments. Initially the first two seasons of the IPL saw 7.2 crores in money being kept as the IPL final prize money. The winning teams received Rs 4.8 crore, while the runners-up were awarded Rs 2.4 crore. However since 2010 the amount of the prize money saw an increase of 7.8 crores and with that the prize money of the winner and runners up also doubled.
The only time that deduction in prize money took place was in 2020 due to global pandemic. The reduction in Prize money happened for the first time in more than a decade of IPL history. The below mentioned table gives complete details about the increase in IPL prize money year after year. Check all the detaisl below
| Year | Prize money | Winner | Runners up |
| 2008-2009 | 7.2 crores | 4.8 crore | 2.4 crore |
| 2010-2013 | 15 crores | 10 crore | 5 crore |
| 2014-2015 | 25 crores | 15 crore | 10 crore |
| 2016 | 31 crores | 20 crore | 11 crore |
| 2017 | 31 crores | 20 crore | 11 crore |
| 2018 | 32.5 crores | 20 crore | 12.5 crore |
| 2019 | 32.5 crores | 20 crore | 12.5 crore |
| 2020 | 16.25 crores | 10 crore | 6.25 crore |
| 2021 | 32.5 crores | 20 crore | 12.5 crore |
| 2022 | 32 crores | 20 crore | 12 crore |
| 2023 | 33 crores | 20 crore | 13 crore |
Decoded: IPL Final Prize money over the years
Will BCCI finally increase IPL 2023 Prize Money for teams?
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