The Indian Premier League (IPL) stands out as the most lucrative domestic T20 tournament globally, attracting top cricket talent and immense fan engagement. A crucial element of the IPL is the prize money awarded to teams, recognizing their performances.
This article provides a detailed overview of the IPL prize money, focusing on the amounts awarded to the winning and runner-up teams in the IPL 2024 season.
Over the years, the IPL prize money for winners has seen a significant increase from the inaugural season in 2008. Reports indicate that teams will compete for a total prize pool of INR 46.5 crore, with the winning team receiving INR 20 crore and the runners-up taking home INR 13 crore.
The team finishing in third place will earn INR 7 crore, while the fourth-place team will receive INR 6.5 crore.
Explore the IPL Prize Money Breakdown
| Position | Prize |
|---|---|
| Winner | Rs 20 Cr |
| Runners-up | Rs 13 Cr |
| 3rd Placed Team | Rs 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 |
The batsman who wins the Orange Cap for scoring the most runs in the IPL receives a cash prize of Rs. 15 lakh. Similarly, the Purple Cap, awarded to the bowler with the most wickets, also comes with a prize money of Rs. 15 lakh.
