IPL 2023 Prize Money: Indian Premier League become the costliest and greatest cricket league on the planet. TATA IPL teams as of late marked numerous enormous name players on gigantic pay rates. The prize money for the upcoming competition increment with ascend in prominence. As of late new sponsors joined the league and more money for the 2023 season hoping to set up their brands with IPL.
IPL 2023 Prize Money
How much prize money will the TATA IPL 2023 champs get? We as a whole have an inquiry in our brains, the new edition of IPL 2023 will happen in March and April and the finals are normal in May a week ago. Here how about we examine IPL 2023 Winner cash prize or IPL cash prizes 2023?
The IPL 2023 player Auction got over on 22nd December 2023 at Kochi. A total of 405 players went under the hammer out of which only 80 players were deemed worthy by the franchises. Presently it’s an ideal opportunity to think about the forthcoming updates of the Indian Premier League 2023.
The most recent cash prize distribution of IPL 2023 is yet to be reported. Here is the normal cash prize distribution of IPL 2023. The Indian Premier League and BCCI consistently increase the triumphant cash prize and accompany a huge measure of cash prize. Indian premier league 2023 prize money was revealed by the BCCI. How about we see what the champ gets this year?
| Stages | Summary (₹ INR) * |
| Winners | ₹ 20 Crore |
| Runners up | ₹ 13 Crore |
| 3rd place | ₹ 7 Crore |
| 4th place | ₹ 7 Crore |
| Total Prize Money | ₹ 47.00 Crore |
IPL Prize Money from 2008 to Present
| Season | Winner(INR Crs) | Runners-up(INR Crs) | Third place(INR Crs) | Fourth place(INR Crs) |
| 2023 | 20 | 13 | 7 | 7 |
| 2022 | 20 | 13 | 7 | 6.5 |
| 2021 | 10 | 6.25 | 4.375 | 4.375 |
| 2020 | 10 | 6.25 | 4.375 | 4.375 |
| 2019 | 20 | 12.5 | 8.75 | 8.75 |
| 2018 | 20 | 12.5 | NA | NA |
| 2017 | 15 | 10 | NA | NA |
| 2016 | 20 | 11 | NA | NA |
| 2015 | 15 | 10 | NA | NA |
| 2014 | 15 | 10 | 7.5 | 7.5 |
| 2013 | NA | NA | NA | NA |
| 2012 | NA | NA | NA | NA |
| 2011 | 10 | 5 | NA | NA |
| 2010 | NA | NA | NA | NA |
| 2009 | NA | NA | NA | NA |
| 2008 | 4.8 | 2.4 | 1.2 | 1.2 |
IPL winners of 2023 will get a cash prize of 20 crores INR. The Runners up will get 13 crore INR. The third and fourth-spot teams will get paid 7 crores INR each. Absolute prize cash of 47 crores is balanced which may increase significantly in the next season as there will be two additional teams involved. Right now, no official updates gave about the addition to the prize cash 2023 IPL.
The last 4 spots teams don’t get any cash prize. As indicated by the principles of the Indian chief class half of the prize cash is circulated among the player which is nearly (half). As of late IPL signed costly TV rights which may play a key factor in the expansion of cash prizes.
India’s arch-rival Pakistan likewise increased the cash prizes for the (PSL) 2023 version. As indicated by reports 3.81 crores INR will be paid to the winning team, however, it’s still not exactly equal to the IPL cash prize. Since the ticket income and television rights, cash likewise paid for IPL establishment.
The above insights regarding the cash prize for the Indian Premier League season are taken from well-known sources of cricket. All money-related data was taken from (Cricket Zine, India Today, SportStar, and Times of India). Any progressions to the IPL subsidize for the sixteenth edition will be refreshed here. Stay tuned for more updates from the IPL season 2023.
