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
