IPL winners to get Rs 20 Crore, BUMPER HIKE coming quickly

IPL 2022 Prize Cash: IPL 2022 Ultimate Dwell Updates- The winner between Gujarat Titans or Rajasthan Royals will get richer by Rs 20 crore on Sunday. For a second straight yr, the BCCI has determined in opposition to revising the prize cash. Nonetheless, InsideSport has learnt that there’s a plan in movement to extend the prize cash by 20-25% from IPL 2023. Observe GT vs RR Dwell & IPL 2022 Ultimate Dwell Updates on InsideSport.IN.

“That (rising prize cash) is presently below dialogue. The prize cash must be elevated by 20-25% from subsequent yr. However the quantity isn’t but last. There must be a choice subsequent yr earlier than the match,” a senior BCCI official informed InsideSport.

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IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

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IPL 2022 Prize Money: IPL winners to get Rs 20 Crore Prize Money, BUMPER HIKE coming in IPL 2023, says BCCI official

The final time, there was a hike in prize cash was again in 2016. Nonetheless, regardless of the board getting richer by Rs 12,175 crore with the sale of the Ahmedabad and Lucknow franchise, the prize cash has remained fixed for the yr.

IPL 2022 Prize Cash:

  • Winner: 20 Cr
  • Runners-up: 13 Cr
  • Third-place: 7 Cr
  • 4th place: 6.5 Cr

In reality, since 2016, the prize cash was diminished to fifteen Crore in 2017. Whereas it was revised to twenty Crore in IPL 2018 and 2019, BCCI minimize it in half to Rs 10 crore in IPL 2020 because of the Covid pandemic hitting the worldwide market and advert gross sales in addition to a dip in sponsorships.

IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

IPL 2022 Prize Money: IPL winners to get Rs 20 Crore Prize Money, BUMPER HIKE coming in IPL 2023, says BCCI official
Chennai Tremendous Kings bagged Rs 20 in prize cash for his or her title-winning marketing campaign in 2021

Nonetheless, this time, the BCCI has obtained document sponsorship offers of over Rs 1,000 Crore. Add the sale of two franchises, BCCI has sufficient cash to extend the prize purse.

“Sure, we’re conscious that the prize cash hasn’t elevated in the previous couple of years. However you must additionally account for the Covid and the associated improve in value. Hopefully, we can revise it from subsequent version,” the BCCI official stated.

IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

The sale of media rights may also increase BCCI’s funds. The IPL Media Rights are set to be auctioned in June and the BCCI expects over Rs 30,000 Crore. Nonetheless, the Rs 20 Crore prize cash remains to be the very best amongst all franchise T20 leagues. Moreover, the franchises don’t rely upon prize cash as they get a giant chunk of TV rights cash from the BCCI.

“Effectively, when you put it that manner, the prize cash ought to improve each two years. With 10 groups, it ought to positively improve. However as you’re conscious, it is just symbolic. Undoubtedly, the gamers, who’re picked for his or her base value or in lakhs get a very good bonus. However from a franchise enterprise viewpoint, it doesn’t influence,” a CEO of a franchise informed InsideSport.

IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

IPL Prize Cash since 2017

Season Winner Runners-up Third place Fourth place
2022 ₹20 Cr ₹13 ₹7 ₹6.5
2021 ₹20 ₹12.5 ₹8.75 ₹8.75
2020 ₹10 ₹6.25 ₹4.375 ₹4.375
2019 ₹20 ₹12.5 ₹8.75 ₹8.75
2018 ₹20 ₹12.5 ₹8.75 ₹8.75
2017 ₹15 ₹10 ₹5 ₹4.5

 

IPL 2022 Prize Cash: IPL winners to get Rs 20 Crore Prize Cash, BUMPER HIKE coming in IPL 2023, says BCCI official

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