IPL winners to get $1.2 million
The total prize money for the Indian Premier League tournament this year has been fixed for US$3 million. The winning team will take away Rs4.8 crore ($1.2 million) while the runners-up will get Rs2.4 crore ($600,00)
Cricinfo staff
04-Apr-2008
The total prize money for the Indian Premier League tournament this year has been fixed for US$3 million. The winning team will take away Rs4.8 crore ($1.2 million) while the runners-up will get Rs2.4 crore ($600,00).
In comparison the prize money on offer for the World Cup last year was $5 million, the Indian Cricket League spent $1 million while Stanford20/20 tournament gave out $2.5 million in prize money this year.
The rest of the IPL prize money is divided in to Rs1.2 crore for the two semi-finalists, Rs Rs 80 lakh ($200,00) for the fifth runner-up, Rs70 lakh for the sixth, Rs50 lakh for the seventh, Rs40 lakh for the eighth.
Apart from that the Player of the Tournament, picked by Ravi Shastri, Mansur Ali Khan Pataudi and Sunil Gavaskar, will receive Rs10 lakh.