IPL 2023 Prize Money: IPL (IPL) 2023 has reached its last stop. At the same time, the playoff matches are being played after the last match of the league round. Where Chennai Super Kings (CSK) defeated Gujarat Titans (GT) in the first qualifier match to enter the finals. While the eliminator match has played between Lucknow Super Giants and Mumbai Indians. On the other hand, whichever team loses in this match will play the second qualifier match against Gujarat Titans. As of now, it is not yet decided in whose name the title will be, but crores will be showered on the team that wins the title.

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IPL 2023 Qualifiers: The prize money has increased significantly with the passage of time

It has been 16 years since the Indian Premier League, the world’s biggest and most expensive league, started in 2008. In the initial season, the champion team was given Rs 4 crore 80 lacks as a reward. Apart from this, Rs 2.4 crore was given to the runner-up team. But now with the passage of time, this prize money has increased a lot.

Five times increase in IPL prize money

Since 2008, the prize money of IPL has increased five times. The team that wins the IPL 2023 title will be given Rs 20 crore as a prize. While the team that faces defeat in the final will get an amount of Rs 13 crore. However, this time two other teams that reached the playoffs will get Rs 7-7 crore.

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Title-winning team – Rs 20 crore

Final losing team – Rs 13 crore

Both teams reaching the playoffs – Rs 7-7 crore

Apart from this, not only the team but also the players are honored with many awards in IPL. These awards include prize money.

Orange Cap – Rs 15 lakh
Purple Cap – Rs 15 lakh
Most Valuable Player – Rs 12 lakh
Most sixes – Rs 12 lakh
Super Striker – Rs 15 lakh