The Indian Premier League (IPL) is the most lucrative domestic T20 event in the world, attracting top cricketing talent and huge fan engagement globally. The prize money awarded to the teams is a significant aspect of the tournament, rewarding the teams for their performances.
In this article, let's take a look at the detailed information about IPL prize money and how much amount the winning teams and runners-up will receive in the IPL 2024 season.
The IPL prize for the winners has increased since the inception of IPL in 2008. As per reports, the prize money for teams has been set at INR 46.5 crore, with INR 20 crore going to the winning team and Rs 13 crore to the runners-up.
The team that is placed third earns INR 7 crore, with the fourth-place team taking home INR 6.5 crore.
Check Out The List Of IPL prize money
Winner
Prize
Runners-up
Rs 13 Cr
Winner
Rs 20 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 Orange Cap winner that is given to the batsman for making highest runs wins 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.