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IPL 2023 Winner and Runner-Up Prize Money Details

Author: Administrator | Updated: Tuesday, May 23, 2023, 04:04 PM [IST]

After winning the 2007 T20 World Cup, the BCCI made the decision to organise the Francis Tournament in order to identify numerous unexposed talents in India. As it kicks off its 16th season this year after successfully holding its audience captive. To discover more about the cash awards, other prizes, and the list of IPL winners from 2008 to the present, scroll down the article.

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The winning award for the IPL is higher than any prize from any other competition, such as the BBL, PSL, or even the T20 World Cup. We've condensed the information into a table to make reading simpler for readers. The four qualifying teams' prize money is listed below.

Winning Status
Prize Money (in INR Rupee)
Prize Money (in USD)
Champions
Rs 20 Crore
$2.9 Million
Runner-ups
Rs 13 Crore
$1.8 Million
3rd Place
Rs 6.5 Crore
$1.3 Million
4th Place
Rs 6.5 Crore
$1.3 Million




IPL Prize Money Share
2

The BCCI has altered the rules for the four qualifying teams, though. Scroll down to learn how the prize share was divided into four parts.


1. Winner: 50%


2. Runner Up: 25%


3. Qualifier 2 Loser: 15%


4. Eliminator Loser: 10%


YearWinnerCaptainRunner-up
2023TBATBATBA
2022Gujarat Titans (GT)Hardik PandyaRajasthan Royals (RR)
2021Chennai Super Kings (CSK)Mahendra Singh DhoniKolkata Knight Riders (KKR)
2020Mumbai Indians (MI)Rohit SharmaDelhi Capitals (DC)
2019Mumbai Indians (MI)Rohit SharmaChennai Super Kings (CSK)
2018Chennai Super Kings (CSK)Mahendra Singh DhoniSunrisers Hyderabad (SRH)
2017Mumbai Indians (MI)Rohit SharmaRising Pune Supergiants (RPS)
2016Sunrisers Hyderabad (SRH)David WarnerRoyal Challengers Bangalore (RCB)
2015Mumbai Indians (MI)Rohit SharmaChennai Super Kings (CSK)
2014
Kolkata Knight Riders (KKR)Gautam GambhirKings XI Punjab (KXIP)
2013Mumbai Indians (MI)Ricky Ponting/Rohit SharmaChennai Super Kings (CSK)
2012Kolkata Knight Riders (KKR)Gautam GambhirChennai Super Kings (CSK)
2011Chennai Super Kings (CSK)Mahendra Singh DhoniRoyal Challengers Bangalore (RCB)
2010Chennai Super Kings (CSK)Mahendra Singh DhoniMumbai Indians (MI)
2009Deccan Chargers (DEC)Adam GilchristRoyal Challengers Bangalore (RCB)
2008Rajasthan Royals (RR)Shane WarneChennai Super Kings (CSK)


IPL Player's Individual Awards
4

1. Orange Cap Holder: The batsman who scores the most runs over the entire IPL season is awarded 15 lakhs as prize money.


2. Purple Cap Holder: The bowler who has taken the most wickets throughout the entire season will earn a 15 lakh rupee reward.


3. Super Striker: The batsman with the highest strike rate over the course of the entire IPL tournament is awarded Rs. 15 lakh in prize money.


4. Emerging player: The youngster must have been born after April 1, 1995. He ought to have played a maximum of five tests. He ought to have played a lot fewer ODIs than 20. He wasn't supposed to play in more than 25 IPL games. The player who meets this criterion is picked by the selectors based on their effective performance, who also give them a cash prize of 20 lakhs.


5. Powerplay Striker: Batsmen who score more runs during the season's powerplay are awarded Rs. 12 lakh in prize money.


6. Most valuable player: The player who accrues the most fantasy points over the course of a season is awarded a prize of Rs 12 lakh.


7. Game changer: The player who is the reason for changing the match up side down receives prize money of 12 lakhs.

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