IPL 2023 Prize Money Breakdown: The popularity of the Indian Premier League (IPL) has increased by leaps and bounds over the years. Since its inception in 2008, IPL has seen a significant increase in viewership, which has increased the tournament’s prize pool. In the first two tournaments, the champion team was awarded Rs 4.8 crore and the runner-up Rs 2.4 crore. Last year, the IPL champion, Gujarat Titans, received Rs 20 crore, while the runner-up, Rajasthan Royals, received Rs 13 crore.
IPL 2023 Prize Money Breakdown
According to a report in Sportstar, this season’s prize purse for teams is Rs 46,500,000,000.
The Orange Cap and Purple Cap victors will each receive Rs 15 lakh, while the tournament’s Emerging Player will receive Rs 20 lakh.
In addition, the season’s Most Valuable Player receives a monetary compensation of Rs 12 lakh.
Four-time champions Chennai Super Kings will face the defending champions Gujarat Titans in the IPL 2023 championship match on Sunday at the Narendra Modi Stadium in Ahmedabad.
Both teams had met during the Qualifier, with CSK prevailing decisively.
On Friday, Shubman Gill scored 129 runs to help the defending champions Gujarat Titans defeat the Mumbai Indians by 62 runs in Qualifier 2.
Gill’s 60-ball century, his third in four IPL innings, propelled Gujarat to 233-3, a total they successfully defended by bowling out five-time champions Mumbai for 171 in 18.2 overs in the last semifinal. A win for CSK would give them five IPL titles, tied for the most with MI.