IPL 2023 PRIZE Money: The Chennai Super Kings and Gujarat Titans will meet in the Indian Premier League 2023 final game on Sunday, May 28. While CSK can match Mumbai Indians’ record of winning the title for the sixth time, GT, captained by Hardik Pandya, has a chance to win the IPL trophy for the second consecutive season. Starting at 7:30 PM IST, the IPL 2023 final game will be contested in Ahmedabad’s Narendra Modi Stadium. Apart from the trophy, the IPL is the most lucrative domestic T20 event in the world, therefore the winners also get significant prize money. Check out the prize money that the IPL 2023 winner and runner-up will receive. Follow IPL 2023 LIVE updates with InsideSport.IN
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The prize money has increased fourfold since its beginning, although the Board of Control for Cricket in India intends to make significant increases in the prize money in the upcoming seasons; the exact amount is yet to be determined. The prize money for teams has been set at Rs 46.5 crore, with Rs 20 crore going to the winning team and Rs 13 crore to the runner-up. The third-place team earns Rs 7 crore, with the fourth-place team taking home Rs 6.5 crore.
The individual prize amounts have increased throughout time to make the league more alluring, and this has been maintained for the past few of seasons. The Orange Cap, which goes to the batsman scoring the most runs, comes with a cash prize of Rs. 15 lakh, while the Purple Cap, which goes to the bowler taking the most wickets, also comes with the equal prize money.
A cash prize of Rs 20 lakh is awarded to the tournament’s Emerging Player, while Rs 12 lakh is awarded to the season’s Most Valuable Player. The cash prizes for the other awards—Power Player of the Season, Super Striker of the Season, and Game Changer of the Season—are Rs. 15 lakh and Rs. 12 lakh, respectively. In this competition, there are six add-on prizes for each league game in addition to the player of the match, each carrying a monetary prize of Rs 1 lakh.
IPL Prize Money Break-up:
- Winner: Rs 20 Cr
- Runners-up: Rs 13 Cr
- 3rd Placed Team: 7 Cr
- 4th Placed Team: Rs 6.5 Cr
- Emerging Player of the tournament: Rs 20 lakh
- Orange Cap: Rs 15 Lakh
- Purple Cap: Rs 15 lakh
- Most Valuable Player: Rs 12 lakh
- Power Player of the Season: Rs 15 lakh
- Super Striker of the Season: Rs 15 lakh
- Game Changer of the Season: Rs 12 lakh
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