IPL PRIZE MONEY FOR WINNER, RUNNER UP, MAN OF THE MATCH, ORANGE AND PURPLE CAP AS CSK CLAIM 2023 TITLE

The Indian Premier League is considered the best domestic T20 competition in the world, but is it the most lucrative?

We know the broadcast, sponsorships and player payments blow rival leagues out of the water, but how much do the winners actually earn?

Here, as the 2023 competition reflects on a thrilling conclusion was Chennai Super Kings beat Gujarat Titans in the final on Monday, we take a closer look at the prize money on offer for the sides who made it to this year's showpiece match.

MORE: Bet on cricket and other sports in India here

IPL prize money 2023

Winner (CSK)  20 Crore (US$2.41m/AU$3.56m/£2.01m)
Runners-up (GT)  13 Cr (US$1.57m/AU$2.3m/£1.3m)
Third (MI) 7 Cr (US$846k/AU$1.24m/£704k)
Fourth (LSG) 7 Cr (US$846k/AU$1.24m/£704k)

A total of Rs 46.5 Cr is on offer to the teams in the 2023 Indian Premier League, a 25 per cent increase in the prize pool from last year's tournament.

How does that compare to other domestic T20 tournaments? Here's what the winning team takes home in some rival leagues:

SA20 (South Africa)

*Circa R35,000,000 (US$2 million)

Organisers announced a total prize pool of R70,000,000 (US$4 million) but are yet to confirm the exact prize money for the winner.

Caribbean Premier League

US$1 million

Big Bash (Australia)

AU$450,000 (US$307,000)

Pakistan Super League

PKR 80,000,000 (US$307,000)

T20 Blast (England)

£175,000 (US$210,000)

Orange Cap, Purple Cap, Man of the Match prize money in IPL 2023

It's not just the teams who played off for money in the Indian Premier League, with a host of financial rewards on offer for players too. Check them out below.

Award Prize money
Emerging Player 20 Lakhs (US$24,000)

Orange Cap

(Leading run scorer)

15 Lakhs (US$18,000)

Purple Cap

(Leading wicket-taker)

15 Lakhs (US$18,000)
Super Striker 15 Lakhs (US$18,000)
Most Valuable Player

12 Lakhs (US$14,500)

Power Player 12 Lakhs (US$14,500)
Game Changer 12 Lakhs (US$14,500)
Maximum Sixes 12 Lakhs (US$14,500)

Additionally, the man of the match will receive a cheque worth 1 Lakh (~US$1,210/AU$1,800) after each game.

MORE: Full list of IPL 2023 awards

WATCH: 20 Greatest T20 Players Roundtable

2023-05-27T22:29:46Z dg43tfdfdgfd