The BCCI released the IPL 2023 schedule on 17 February 2023, in which a total of 74 matches were to be played by 10 teams at 12 venues. Out of these 74 matches, the first 70 league matches were played, which started on 31st March 2023 and ended on 21st May 2023. After this in 4 playoff matches, Qualifier 1, then Eliminator match, and then Qualifier 2 match was played. The last match of IPL 2023 i.e. the final was earlier to be played on 28 May but was played on 29 May 2023 due to rain. For this season IPL Prize Money 2023 details are as under-
IPL Prize Money 2023
In IPL 2008, the prize money was 4.8 Crore for the winning team and 2.4 Crore for the Runner-up team. Now 15 years later, the prize money of IPL has changed as the Indian Premier League continues to be the more premium league.
IPL Prize Money in Rupees to Team- The BCCI offering the highest Prize Money in IPL 2023. Chennai Super Kings the winning team of the IPL get Rs. 20 crores, the runner-up will get Rs. 13 crores The team finishing third will get Rs. 7.0 Crore, and the 4th no. The team will get Rs. 6.5 Crore. This has been maintained for the last couple of seasons.
| Award | IPL Prize Money (In Indian Rupees) |
|---|---|
| Total Prize Money For IPL | 46.5 Crore |
| Winning Team – Chennai Super Kings | 20.0 Crore |
| Runner-Up Team – Gujarat Titans | 13.0 Crore |
| 3rd Place Team- Mumbai Indians | 7.0 Crore |
| 4th Place Team- Lucknow Super Giants | 6.5 Crore |
IPL Prize Money Distribution 2023
IPL Prize Money in Rupees to Players- To make the IPL more attractive, the Individual player will also be awarded. The batter with the maximum runs in IPL will get the orange cap award as well as Rs. 15 Lakh money, and the bowler with the maximum wickets in IPL will get the purple cap award as well as Rs. 15 Lakh money. Apart from these awards, the emerging player of the season will get a cash reward of Rs. 20 lakhs, while the most valuable player will get Rs. 12 lakhs. the Power Player of the Season, Super Striker of the Season, and Game Changer of the Season – come with cash rewards of Rs 15 lakh and Rs 12 lakh respectively.
IPL Prize Money 2023 Players List
| Award | IPL Prize Money (In Indian Rupees) |
|---|---|
| Orange Cap Cash Prize – Shubman Gill | 15 Lakh |
| Purple Cap Cash Prize – Mohammad Shami | 15 Lakh |
| Emerging Player Cash Prize – Yashasvi Jaiswal | 20 Lakh |
| Orange Cap Cash Prize – Shubman Gill | 12 Lakh |
| Power Player of the Season Cash Prize – | 15 Lakh |
| Super Striker of the Season Cash Prize – Glenn Maxwell | 15 Lakh |
| Game Changer of the Season Cash Prize – Shubman Gill | 12 Lakh |
IPL Prize Money From 2008-2023
| Year | IPL Prize Money (In Indian Rs.) Winner | IPL Prize Money (In Indian Rs.) Runner-up |
|---|---|---|
| 2008 | 4.8 Crore | 2.4 Crore |
| 2009 | 4.8 Crore | 2.4 Crore |
| 2010 | 10 Crore | 5 Crore |
| 2011 | 10 Crore | 5 Crore |
| 2012 | 10 Crore | 5 Crore |
| 2013 | 10 Crore | 5 Crore |
| 2014 | 15 Crore | 10 Crore |
| 2015 | 15 Crore | 10 Crore |
| 2016 | 20 Crore | 11 Crore |
| 2017 | 15 Crore | 10 Crore |
| 2018 | 20 Crore | 12.5 Crore |
| 2019 | 20 Crore | 12.5 Crore |
| 2020 | 10 Crore | 6.25 Crore |
| 2021 | 20 Crore | 12.5 Crore |
| 2022 | 20 Crore | 13 Crore |
| 2023 | 20 Crore | 13 Crore |
Crickhit FAQs
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What is the Prize Money For IPL 2023?
The total price money purse value for the IPL 2023 is Rupees 46.5 Crore. The BCCI offering the highest Prize Money in IPL 2023. The winning team of the IPL get Rs. 20 crores, the runner-up will get Rs. 13 crores The team finishing third will get Rs. 7.0 Crore, and the 4th no. the team will get Rs. 6.5 Crore.
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What was the prize money of the 1st IPL 2008?
First IPL 2008 Prize Money- In IPL 2008, the prize money was 4.8 Crore for the winning team and 2.4 Crore for the Runner-up team.
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What is the IPL Prize Money 2023 For Players?
To make the IPL more attractive, the Individual player will also be awarded. The batter with the maximum runs in IPL will get the orange cap award as well as Rs. 15 Lakh money, and the bowler with the maximum wickets in IPL will get the purple cap award as well as Rs. 15 Lakh money. Apart from these awards, the emerging player of the season will get a cash reward of Rs. 20 lakhs, while the most valuable player will get Rs. 12 lakhs. the Power Player of the Season, Super Striker of the Season, and Game Changer of the Season – come with cash rewards of Rs 15 lakh and Rs 12 lakh respectively.
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