The Indian Premier League (IPL) is not just a tournament but a unique event in the world of cricket. This tournament provides a platform to talented players from India and abroad to showcase their skills. Every year this league is organized on a large scale and spectators gather from all over the world to watch it. But do you know how much reward the IPL winning team gets? Let us know about this in detail.
Prize Money History
When the IPL started in 2008, the winning team was awarded Rs 4.8 crore and the runner-up was awarded Rs 2.4 crore. At that time it was the biggest prize for any cricket event. Gradually the popularity of IPL started increasing and corporate support also increased. Along with this, the prize money also increased.
In today’s time, IPL offers the biggest prize money among all the cricket tournaments.
Winning team prize
The team that becomes the winner in the final match of IPL 2024 will get a huge prize of Rs 20 crore. This amount has remained almost constant for the last few years. This is a huge achievement for the winning team because with this victory it also gets such a huge amount of money.
Runner-up team prize
The runner-up team is also awarded huge sums of money in IPL. This time the runner-up team of IPL 2024 will get a prize of Rs 12.5 crore. Although this amount is less than the winning team, it is still a huge temptation for any player.
Personal Awards and Rewards
There are also many awards and rewards for individual performances in the IPL. The most important awards are the Orange Cap and Purple Cap.
Orange cap batsman
The batsman who scores the most runs in IPL 2024 will be awarded the Orange Cap. Besides, he will also get a cash reward of Rs 10 lakh. Last year, this honor was given to Quinton de Kock of Lucknow Super Giants, who scored 914 runs.
Purple cap winning bowler
The bowler whose performance was the best and took the most wickets will be awarded the Purple Cap. Besides, he will also be given a reward of Rs 10 lakh. Last year, this honor was given to Yashasvi Jaiswal of Rajasthan Royals, who took 24 wickets.
Other awards
Apart from this, there are also Emerging Player of the Tournament, Most Valuable Player of the Season and some other special awards, the winners of which are rewarded with Rs 10 lakh each.
Why is IPL so popular?
There are many reasons behind the popularity of IPL. The first and most important reason is its entertainment level. The players play with all their heart and there is an exciting style to be seen on every ball. Moreover, seeing the world’s best cricketers playing in the same team in the IPL is a unique experience.
The second reason is the huge media coverage and promotion of IPL. The tournament is telecast across the world and fans enjoy every moment of it.
The third and most important reason is the huge prize money. Big rewards keep players motivated to perform at their best. Every team and player is trying to achieve the big prize.
Future of ipl
The popularity of Indian Premier League is increasing day by day. Along with this, the prize money is also expected to increase. In the coming time, it is possible that the winning team may be given a reward of Rs 25 crore or more. If this happens, the enthusiasm of the players will increase even more.
Conclusion
In IPL, the winning team is awarded a huge prize of Rs 20 crore, while the runner-up team is awarded Rs 12.5 crore. Apart from this there are many awards and cash prizes for individual performances. This is the reason why every player tries to perform well in IPL. The huge prize money is one of the main reasons for the success of IPL.
If you are a fan of IPL, then do not miss this year’s final match. This match between Kolkata Knight Riders and Sunrisers Hyderabad will definitely be exciting. Let us all enjoy this unforgettable cricket festival together!
