IPL 2024: Prize Money Breakdown, Paycheque & Individual Awards – Full details

The Indian Premier League (IPL) 2024 is about to reach its playoffs stage. The excitement is at its peak, with the fans fully glued to their mobile screens expecting high-octane action. The world’s best cricketers are in the hunt to win the IPL, but knowingly or unknowingly they are also in the hunt for some big fat pay cheques, and individual awards too.

The prize money in IPL 2024 is really big, which shows how much the league has grown and how many businesses are interested in it. The large cash prizes prove that the IPL is one of the most profitable sports events worldwide. This attracts talented players and lots of money from sponsors and TV channels.

The IPL prize money system has stayed the same over the years, showing that the tournament is prestigious and fair. The champions get a big prize of Rs 20 crore, while the runners-up get Rs 13 crore. Teams that finish third and fourth also get good rewards, earning Rs 7 crore and Rs 6.5 crore respectively.

IPL Orange & Purple Caps; Up for grabs

Besides the Orange and Purple Cap awards, the IPL also gives prizes for other outstanding performances. The Emerging Player of the Tournament, Most Valuable Player, Power Player of the Season, Game Changer of the Season, and Super Striker of the Season all get significant cash rewards. This encourages players to do their best on the field. 

The 2023 IPL season was a grand success with plenty of award winners standing on the podium.

Here’s a list of award winners in IPL 2023.

IPL 2023 AWARD WINNERS
Orange Cap WinnerShubman Gill (GT) – 890 Runs
Purple Cap WinnerMohammed Shami (GT) – 28 Wickets
Most SixesFaf du Plessis (RCB) – 36 Sixes
Most FoursShubman Gill (GT) – 85 fours
Most Valuable Player (MVP) of the SeasonShubman Gill (GT)
Player of the Final – Man of the MatchDevon Conway (CSK)
Emerging playerYashasvi Jaiswal (RR)
Electric Striker of the SeasonGlenn Maxwell (RCB)
Best Catch of the SeasonRashid Khan (GT)
Fair Play AwardDelhi Capitals / Captain – David Warner
Gamechanger of the SeasonShubman Gill (GT)
Longest six of the seasonFaf du Plessis (RCB) – 115 metres

As IPL 2024 goes on, players try hard to make their mark in the tournament, aiming to win personal awards like the Orange and the Purple Caps, along with big cash prizes.

Ruturaj Gaikwad, Travis Head and Virat Kohli are in the race for the orange cap this season. While the likes of Jasprit Bumrah, Harshal Patel and

Varun Chakaravarthy are in the run when it comes to the leading wicket takers. The orange cap winner, the purple cap winner and the super striker of the tournament this season are supposed to get the prize money of INR 15 lakhs. 

The Emerging Player of the season is supposed to receive an amount of INR 20 lakhs. On the other hand the Most Valuable Player (MVP), Power Player of the Tournament, Game Changer of the Tournament receives INR 12 lakhs. Similarly the one who hits the most number of sixes wins INR 12 lakhs.

With the IPL 2024 on its last stage, it would be a fantastic battle to watch out for as the top run getters, wicket takers, six hitters, accelerators compete against each other to take their teams over the line and also to grab some awards for their individual heroics. 

The Sportz Planet Desk,
Atharva Shetye.

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