IPL 2020 Prize Money breakdown [Champion will receive 21 Crore INR]

By | July 10, 2020

IPL 2020 Prize Money breakdown [Champion will receive 21 Crore INR]: a Largest short form of domestic cricket Indian Premier League or IPL is about to start again and this time, it will be the 10th season of IPL which will start in 7th April 2018. This professional T20 league cricket competition was established by Board of Control for Cricket in India (BCCI) in 2007 and the first tournament was held in 2008. It is regarded as the most popular T20 competition in the world and in every field, IPL is still ahead of the rest T20 competitions in the world. However, 10th season of IPL is also known as VIVO IPL 10 due to sponsoring by VIVO and it would be more exciting than previous seasons, according to BCCI.

IPL 10 prize money

IPL is getting more popular due to the reason of the huge prize money. Every season of IPL, the winning teams, as well as runner-up, third place and fourth place teams, used to be awarded as a large amount of money which encourages players to participate in this tournament. Through IPL, a player can earn more money than any domestic league in every calendar year. And in every year, the amount of Prize money used to increase.

However, in last season of this most popular tournament, around 47 crore INR was budget for the teams to be given where the winning team Sunrisers Hyderabad claimed almost 20 crore INR as the champion. The amount would be somewhat increased in next season. Though, the official announcement of the upcoming season of IPK prize money is still unveiled. But according to last few years increasing rate, here we present approximate prize money below which will be updated when the official announcement will make.

# VIVO IPL 13 Prize Money

  • Winner – 21 Crore INR
  • 1st Runner Up – 12 Crore INR
  • 2nd Runner Up – 8 Crore INR
  • Fourth Place – 8 Crore INR

According to the above statistics, that is not just our prediction rate but also some news portal as well has published that amount of prize money where winner of the upcoming IPL 2017 will get almost 21 crore Indian Rupee (INR) and runner up get 12 crore INR. 3rd and 4th place holders will get the same amount 8 crore INR. In 2015, the winner received almost 15 crore INR  ut in next edition, the amount was increased to 20 crore INR. But runner up in 2015 got 10 crore where in 2016 runner up got 11 crore INR. Here we present the last two years prize money list below.

# Last Two Years Prize Money:

SL No. Position IPL 2015 IPL 2016
1. Winner 15 Crore INR 20 Crore INR
2. Runner Up 10 Crore INR 11 Crore INR
3. Third Place 7.5 Crore INR 7.5 Crore INR
4. Fourth Place 7.5 Crore INR 7.5 Crore INR

However, by analyzing all possibilities, in the 13th season of Indian Premier League (IPL) 2017, the total prize money would probably increase almost 3 crore INR from the last episode which is still expected.

Most of the IPL revenue used to come from the global TV rights agreement and the sponsorship deal which is almost similar to the English Premier League.

IPL 13 Prize Money

Indian Premier League (IPL) is the biggest domestic cricket and professional Twenty20 cricket league in India. IPL was founded by the Board of Control for Cricket in India (BCCI) and the tournament started in the year 2020. The IPL is the most valuable league in the world and ranks sixth among all sports leagues. IPL schedule date has been announced from 29th March to 24th May 2020.

Prize Money

IPL is one of the most popular due to the reason of huge prize money. Every season of IPL, the winning teams, as well as a runner- up, third place and fourth place teams, are awarded as a large amount of money which encourages players to participate in this tournament. Through IPL, a player can earn more money than any domestic league in every calendar year. And every year, the amount of Prize money used to increase.

The IPL gives a very good amount of prizes for its winning and runner-up teams.

IPL 2017 total prize money winner is $3million or 20 Crore in Indian Currency. Second Position/Runner-Up winner will get $1.5million or 11 Crore in Indian Currency.

3rd Placed Team in Playoff Winner will get in US 900,000$ or 7.5 Crore Indian Currency. 4th Placed Team in Playoff Winner will get in US 900,000$ or 7.5 Crore Indian Currency.

IPL 2020 Prize Money

IPL organizer already declared and set guidelines that the prize money of the winning team will be distributed in the team player and team owner in a 50/50 percent ratio. This ratio can be understood, one team wins the final match than the prize money of 10 crores will be given to the team owners and the remaining 50 percent will be distributed equally in the team players. Other than the winner team same rule of IPL will be followed by the runner-up, 3rd place holder, and 4th place holder.