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What is the Prize Money for the IPL 2024 Final?

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.

IPL 2024 trophy
IPL 2024 Trophy. Credit: IPL/BCCI

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.

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