IPL 2022 Prize Money: History-makers Gujarat Titans get richer by 20 Crore, Runners-up Rajasthan Royals bag Rs 12.5 Crore

IPL 2022 Prize Money: IPL 2022 Final Live Updates- Gujarat Titans created history after winning the Indian Premier League title in their debut season. The Gujarat outfits got richer by a sum of 20 Crore upon receiving their IPL winner’s prize money. On, the other hand, Rajasthan Royals bagged 12.5 Crores after finishing second in the IPL 2022 campaign. Follow GT vs RR Live & IPL 2022 Final Live Updates on InsideSport.IN.

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IPL 2022 Prize Money: History-makers Gujarat Titans get richer by 20 Crore, Runners-up Rajasthan Royals bag Rs 12.5 Crore

Also Read: GT vs RR LIVE: Gujarat Titans SCRIPT HISTORY, Hardik Pandya leads GT to IPL title in debut season, beat RR by 7 wickets: Check IPL 2022 GT beat RR Highlights

IPL 2022 Prize Money: History-makers Gujarat Titans get richer by 20 Crore, Runners-up Rajasthan Royals bag Rs 12.5 Crore

As previously reported by InsideSport.In, the champion team will get a reward of 20 Crores, there are further plans to increase the prize money in the coming years. The BCCI has often fluctuated the prize money by changing the amount over the years.

“That (increasing prize money) is currently under discussion. The prize money should be increased by 20-25% from next year. But the amount is not yet final. There should be a decision next year before the tournament,” a senior BCCI official told InsideSport.

IPL 2022 Prize Money: History-makers Gujarat Titans get richer by 20 Crore, Runners-up Rajasthan Royals bag Rs 12.5 Crore

Also Read: IPL 2022 Awards: Jos Buttler MOST VALUABLE Player of IPL 2022, Umran Malik named EMERGING PLAYER – Check Full Awards of IPL 2022

IPL Prize Money since 2017

Season	Winner	Runners-up	Third place	Fourth place
2022	₹20 Cr	₹12.5 Cr	₹7 Cr	₹6.5 Cr
2021	₹20 Cr	₹12.5 Cr	₹8.75 Cr	₹8.75 Cr
2020	₹10 Cr	₹6.25 Cr	₹4.375 Cr	₹4.375 Cr
2019	₹20 Cr	₹12.5 Cr	₹8.75 Cr	₹8.75 Cr
2018	₹20 Cr	₹12.5 Cr	₹8.75 Cr	₹8.75 Cr
2017	₹15 Cr	₹10 Cr	₹5 Cr	₹4.5 Cr

 

The rise in the amount of the prize money is based on quite a few factors. First of all, the apex governing for cricket of the country, BCCI received huge sponsorship deals worth 1000 crores, and secondly, with 10 teams participating this season, the BCCI found enough money to increase the prize money cap.

2020 saw a decrease in prize money owing to Covid. The Pandemic affected the global economy and with reduced sponsorship deals, the prize money had to be reduced.

IPL 2022 Prize Money: History-makers Gujarat Titans get richer by 20 Crore, Runners-up Rajasthan Royals bag Rs 12.5 Crore