IPL Prize Money and Awards

IPL Prize Money

Indian Premier League is a T-20 men’s cricket tournament and millions of cricket enthusiasts watch it and get excited to cheer for their Favorite teams. Cricket fans will get even more excited if their favorite teams or Players get IPL prize money at the end of the season.

Yes, you heard it right at the end of every IPL season BCCI gives some awards and prize money to the teams and players.

List of awards and IPL prize money

Below is a list of IPL Awards and IPL prize money.

Winners of the Season

This award is given to the winners of the season. The Champion franchise has to keep half of the amount and half of the amount will be divided equally among the Squad players.

Runner-ups

This award is given to the runner-ups of the season. The franchise has to keep half of the IPL prize money and the remaining half of the amount will be divided equally among the squad players.

Man of the match

At the end of the match, the all-around top-performing player gets an award and IPL prize money this award is given at the end of every match whether it is a league stage match or the final match of the season.

Orange Cap

The orange cap is the award that is given at the end of the season to the batsman who has scored the most runs in the entire season.

Purple Cap

The Purple Cap is the award that is given at the end of the season to the bowler who has taken the most number of wickets in the entire season.

Perfect Catch of the Season 

The officials will make a list of difficult catches that were caught successfully, and at the end of the season, the player who made the most difficult catch will get an award and IPL prize money for his efforts.

Super Striker of the season

This award is given to the player who has batted amazingly in each innings. The batter has to face a minimum of 10 balls before this calculation (this calculation is for individual league matches, for the super striker of the season the batter has to face 100 balls)

Game Changer of the Season

This IPL prize money is given to the player who has changed the scenario of the game by his contributions to his team whether his team wins the champions title or not he will get the award for his efforts.

Most Sixes

At the end of the season, this award is given to the player who has hit the most number of sixes in the whole tournament. The players will also get an attractive IPL prize money.

Power Player of the Season

This award is given to the player who has performed well in the power play session of every innings.

Most valuable player of the season

This IPL prize money is given to the player who has given the most contributions to his team. Whether his team wins the champions title or not he will get the award for his efforts. This award is a bit similar to the game changer award.

Fair Play of the season.

At the end of the IPL season, a team is given the fair play award for their good record in on-field behavior.

IPL Prize Money of 2021 season

Awards and Titles

Team/Player

 IPL Prize Money

Winner

Chennai Super Kings ₹20 Cr
Runners Up Kolkata Knight Riders

₹12.50 Cr

Man of the match

Faf du Plessis ₹1 lakh
Orange Cap Ruturaj Gaikwad (635 runs)

Rs. 10 lakh

Purple Cap

Harshal Patel (32 wickets) ₹10 lakh
Perfect Catch of the season Ravi Bishnoi

₹10 lakh

Super Striker of the season

Shimron Hetmyer ₹10 lakh
Game Changer of the season Harshal Patel

₹10 lakh

Most Sixes

KL Rahul (30) ₹10 lakh
Power Player of the season Venkatesh Iyer

₹10 lakh

Valuable of the season

Harshal Patel ₹10 lakh
Fair Play of the season Rajasthan Royals

₹10 lakh


IPL Prize Money from 2008 to 2021(1st season to 14th season)

Seasons Teams Winner (INR) Runner-up (INR) 3rd (INR)

4th (INR)

2021

Chennai Super Kings 20 Cr 12.5 Cr 8.75 Cr 8.75 Cr
2020 Mumbai Indians 10 Cr 6.25 Cr 4.375 Cr

4.375 Cr

2019

Mumbai Indians 20 Cr 12.5 Cr 8.75 Cr 8.75 Cr
2018 Chennai Super Kings 20 Cr 12.5 Cr NA

NA

2017

Mumbai Indians 15 10 Cr NA NA
2016 Sunrisers Hyderabad 20 Cr 11 Cr NA

NA

2015

Mumbai Indians 15 Cr 10 Cr NA NA
2014 Kolkata Knight Riders 15 Cr 10 Cr 7.5 Cr

7.5 Cr

2013

Mumbai Indians NA NA NA NA
2012 Kolkata Knight Riders NA NA NA

NA

2011

Chennai Super Kings 10 Cr 5 Cr NA NA
2010 Chennai Super Kings NA NA NA

NA

2009

Deccan Chargers NA NA NA NA
2008 Rajasthan Royals 4.8 Cr 2.4 Cr 1.2 Cr

1.2 Cr


IPL Prize Money For 2022

In IPL 2022 added new teams hence, the total number of matches will also be increased, with this the revenue of IPL 2022 will increase. It is said that players and teams are going to get more prize money in IPL 2022 when compared to previous seasons.

BCCI has not yet announced officially the prize money of IPL 2022 but we have collected information from a trusted source and shared it with our valuable readers.

Below is a table where we have mentioned the expected IPL prize money for 2022 .

IPL Prize Money & Awards

Amount (estimated)

Champion

₹20 Cr

Runners up

₹13 Cr

3rd position team

₹7 Cr

4th position team

₹6.50 Cr

Super Striker of the season

₹15 Lakhs
Crack it sixes of the season

₹12 Lakhs

Power player of the season

₹12 Lakhs

Most valuable player

₹12 Lakhs

Game changer of the season

₹12 Lakhs
Emerging player

₹20 Lakhs

Purple Cap winner

₹15 Lakhs
Orange cap winner

₹15 Lakhs

IPL prize money for the winners is estimated to be Rs 20 crore, runner-ups will get an estimated prize money of Rs 12.5 crore.

Half of the IPL Prize money will be distributed among the owners of the franchise and half of the amount will be equally divided among the team squad.

The orange cap is awarded to the player who has scored the most number of runs in the entire season. The cash prize for the orange cap is Rs 10 lakhs.

The purple cap is awarded to the player who has taken the most wickets in the entire season. The prize money for the Purple cap is Rs 10 lakhs.

Harshal Patel of Royal Challengers Bangalore won the Game Changer of the Season award in IPL 2021. He got the IPL prize money of Rs 10 lakhs

Conclusion:

These are some of the awards and IPL cash prizes that BCCI gives to the winners and top performing players.

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