IPL prize money 2024 – how much does the Indian Premier League cricket winner get?
IPL prize money 2024? What is T20 IPL prize money 2024? The 17th Indian Premier League season, also referred to as IPL 2024, will get underway in 2024.
Indian Premier League is a franchise Twenty20 cricket league in India and it is organised by the Board of Control for Cricket in India.
The IPL 2024 season will start on 29 March 2024 and finished on 26 May 2024. IPL is becoming more and more popular with the recent emphasis on club 20/20 cricket. Hence, what is the IPL prize money 2024? Watch & Bet on Cricket =>
IPL prize money 2024 – Cricket Twenty20 IPL Prize Money 2024!
This has been shown by the massive popularity in the Indian T20 cricket league. The BCCI and IPL increased the prize money for IPL 2024. That means that winners earned US$4 million. This was from the massive total prize money purse of US$8 million. So here we will look at how the IPL prize money 2024 is shared.
The Indian Premier League (IPL) has a revenue sharing program which is similar to many sports including football and tennis. TV rights and sponsorship deals have meant that there’s a lot of money in cricket. The prize money fund is shared equally between the clubs.
This is distributed depending on where the teams finish in the league. We will look at the Indian Premier League prize money distribution model and see how much money the winners of the competition were awarded. Watch & Bet on Cricket =>
IPL prize money 2024 for winner and runner-up – here is the IPL prize money breakdown and distribution in 2024!
The total prize money fund for the 2024 IPL season was set at around $8 million. So the winners of 2024 IPL earned $4 million while the runner-ups earned $2 million. Here we look at the IPL prize money 2024 breakdown.
| Stage | Prize Money in Indian rupees (INR, ₹) | Prize Money in dollars (USD, $) |
| Winner (1st place) | ₹30 Crore | $2.65 million |
| Runner-up (2nd place) | ₹13 Crore | $1.3 million |
| Qualifier (3rd place) | ₹8 Crore | $1 million |
| Eliminator (4th place) | ₹7 Crore | $0.68 million |
Prize money for the other four teams?
Teams who don’t qualify for playoffs are not awarded any prize money
Do IPL players get prize money?
Yes-Half of the prize money won by team is awarded to the players
| IPL 2024 Award | Reward in Indian rupees (INR, ₹) |
Reward in dollars (USD, $) |
| Orange Cap | ₹15 Lakhs | $18,000 |
| Purple Cap | ₹15 Lakhs | $18,000 |
| Emerging Player | ₹20 Lakhs | $24,000 |
| most valuable player | ||
| Super Striker | ₹15 Lakhs | $18,000 |
| Power Player | ₹12 Lakhs | $14,500 |
| Maximum Sixes | ₹12 Lakhs | $14,500 |
| Game Changer | ₹12 Lakhs | $14,500 |
How is IPL prize money 2024 shared by IPL clubs?
Clubs share the money between the franchise and the squad players. The team wins $4 million (franchise) and they keep $2 million and then distribute the other $2 million equally among squad players.
See also our articles on prize money for other sports such as; US Open Tennis, Tour de France, World Boxing Super Series, Formula 1 and Wimbledon Prize money 2024.
Who won the 2024 IPL season?
The Chennai Super Kings beat Gujarat Titans in the final to win their fifth title. They equalled the record of Mumbai Indians of most number of titles in IPL.
IPL 2024 and teams, coaches and captains
The next edition of the IPL will be the 17th edition of the tournament. It will once again, be held in India.
The legendary captain Mahendra Singh Dhoni will play this season. Dhoni has already retired from international cricket and it could be the last season for the CSK skipper in IPL. Other players to watch out would of course be Virat Kohli of course.
The same 10 teams from the previous season have returned with few changes to the team personnel.
| Franchise | Head coach | Captain |
|---|---|---|
| Chennai Super Kings | Stephen Fleming | Mahendra Singh Dhoni |
| Delhi Capitals | Ricky Ponting | Rishabh Pant |
| Gujarat Titans | Ashish Nehra | Shubman Gill |
| Kolkata Knight Riders | Chandrakant Pandit | Shreyas Iyer |
| Lucknow Super Giants | Justin Langer | KL Rahul |
| Mumbai Indians | Mark Boucher | Hardik Pandya |
| Punjab Kings | Trevor Bayliss | Shikhar Dhawan |
| Rajasthan Royals | Kumar Sangakkara | Sanju Samson |
| Royal Challengers Bangalore | Andy Flower | Faf du Plessis |
| Sunrisers Hyderabad | Daniel Vettori | Pat Cummins |
How many teams compete in the IPL 2024?
Only 10 teams competed in the IPL 2024 season over 80 matches. An estimated 1.5 million fans attended the previous season 2024 games throughout the season. This year, no new teams will participate.
Who is the IPL most valuable player 2024?
Mahendra Singh Dhoni is the most valuable player in 2024. Playing for Chennai Super Kings, Dhoni is expected to score many runs and take many wickets to win the award. Dhoni last season won USD$ 14,500 and a trophy for the achievement.
Who is the IPL highest paid player 2024?
Australian pacer Mitchell Starc is the highest paid player in IPL 2024. Kolkata Knight Riders bought him for 247.5 million rupees ($2.98m).
See also…
Table of Contents
