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IPL 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home?

Kolkata Knight Riders (KKR) defeated Sunrisers Hyderabad by 8 wickets, securing their place in the IPL final for the fourth time. They will face the winner of Qualifier 2 at the MA Chidambaram Stadium in Chennai on Sunday, May 26. Here's the prize money for the IPL 2024 winner and runners-up, orange cap winner, purple cap winner, and prize money for Emerging Player of IPL 2024.
IT Worth Desk Updated on May 22, 2024, 11:25 IST

IPL 2024 Winner Prize Money:?Kolkata Knight Riders?(KKR) defeated Sunrisers Hyderabad by 8 wickets, securing their place in the IPL final for the fourth time. They will face the winner of Qualifier 2 at the MA Chidambaram Stadium in Chennai on Sunday, May 26.

Knight Riders have been outstanding this year, winning against all teams and losing just three games during the league stage. They also cruised through Qualifier 1 against one of the most formidable batting line-ups.

IPL 2024 Final Teams

KKR will await their opponents on Sunday. The three finals KKR have played were held in Chennai in 2012, Bengaluru in 2014, and Dubai in 2021. Thus, Kolkata are experienced in playing and winning finals away from home, including in the south. There is a possibility of a rematch of Qualifier 1, but only if Hyderabad wins Qualifier 2.

Here is a quick look at all the important details of IPL 2024:

  • Date of the IPL 2024 final: 26 May
  • Venue of the final: Chennai
  • Where to watch: JioCinema

How Much Will The Winners Of The 17th Edition Take Home?

When the Indian Premier League (IPL) started in 2008, it not only changed the way the game was viewed but also significantly increased the prize money.

In the first two editions of the Indian Premier League (IPL) in 2008 and 2009, the winning team received Rs 4.8 crore, while the runner-up was awarded Rs 2.4 crore. At the time, this was likely the highest prize money for any cricket event. With DLF as the title sponsor and strong corporate backing, the IPL quickly became a game-changer.

Fifteen years later, the IPL remains the top cricket tournament in the world, offering the highest prize money: Rs 20 crore for the winning team and Rs 13 crore for the runner-up. Since its inception, the prize money has increased fourfold, and the Board of Control for Cricket in India (BCCI) plans to raise it further in future seasons, although the exact figures are yet to be decided.

Currently, the total prize purse for teams is Rs 46.5 crore. The team finishing third gets Rs 7 crore, while the fourth-placed team earns Rs 6.5 crore. This prize structure has been in place for the last few seasons, and to make the league more appealing, the individual prize amounts have also increased over the years. The batter with the most runs receives the Orange Cap and a cash prize of Rs 15 lakh, while the Purple Cap, awarded to the bowler with the most wickets, comes with the same cash prize.

The Emerging Player of the tournament gets Rs 20 lakh, and the Most Valuable Player of the season receives Rs 12 lakh. Other awards, such as the Power Player of the Season, Super Striker of the Season, and Game Changer of the Season, come with cash prizes of Rs 15 lakh and Rs 12 lakh, respectively.

IPL 2024 Winners Prize Money breakdown

Now that you are well-versed in the history of the tournament, let us address the most important question: how much is the prize money pool for IPL 2024?

For the past few years, the prize money structure of the IPL has remained constant. This year, too, reports suggest that there will be no change in the payouts.

As a result, the total prize money purse for IPL 2024 stands at INR 46.5 crore.

IPL 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home? | KKR/IPL

IPL Winners Prize Money amount

From this prize money pot, the champions will receive INR 20 crore, while the runners-up will pocket INR 13 crore. The teams finishing third and fourth will take home INR 7 crore and INR 6.5 crore, respectively.

Orange Cap winner: Prize Money

The Orange Cap, commemorating the top run-scorer, is a coveted title in IPL history. The recipient of the Orange Cap receives a handsome cash prize of Rs 15 lakh as a testament to their stellar batting performances.

Purple Cap Winner: Prize Money

Similarly, the Purple Cap, symbolizing bowling excellence, rewards the season¡¯s highest wicket-taker. The winner of the Purple Cap also takes home a cash prize of Rs 15 lakh, acknowledging their impactful contributions to their team¡¯s success.

Emerging Player of IPL 2024: Prize Money

In addition, the Emerging Player of IPL 2024 will be awarded INR 20 lakh. Meanwhile, the Most Valuable Player of the Season will take home INR 12 lakh.

IPL 2024 Winner Prize Money: How Much Will The Champions And Runners-Up Take Home? | KKR/IPL

?READ ALSO:?Here's The Cost Of Building The New York Cricket Stadium Set To Host India Vs Pakistan Match

Prize Money offered across global sports tournaments

Here are the prize money details for some of the biggest tournaments in the sporting world:

  • Formula 1

Formula 1 offers an impressive sum of around $135 million to the winner, making it the highest prize money offered by any tournament.

  • UEFA Champions League

The UEFA Champions League awards the second-highest winning prize money, totaling $93.7 million.

  • FIFA World Cup

The FIFA World Cup, one of the most popular tournaments globally, grants a prize of $41 million to the winning team.

  • World Series (Major League Baseball)

The World Series (MLB) offers a prize money of $35 million.

  • UEFA Euro Cup

The winning team of the UEFA Euro Cup receives a substantial amount of $34 million.

  • UEFA Europa League

The champions of the UEFA Europa League are estimated to receive $30 million.

  • FedEx Cup

In golf, the FedEx Cup winner receives a prize money of $18 million.

  • ICC ODI World Cup

One of the major cricket events, the ICC ODI World Cup awards $4 million to the winning team.

  • Wimbledon

Wimbledon, a premier tennis event, offers a prize money of around $3 million to the champions.

READ ALSO:?From Dhoni To Kohli: Know The Cost Of Each-Run Scored By These Batsmen In IPL 2024

IPL 2024 final date

The IPL 2024 tournament schedule includes a total of 74 league matches, followed by playoffs. These playoffs will pave the way for the grand finale, scheduled for May 26, where the champion of IPL 2024 will be determined.

IPL 2024 final venue

The IPL 2024 finals will then be held in Chennai between the winners of the qualifiers match - Q1 vs Q2.

In which stadium is the IPL final 2024?

The match will be played at the?MA Chidambaram stadium in Chepauk.

IPL 2024 final timing

The final match of IPL 2024 will be played at the MA Chidambaram stadium in Chepauk and start at 7:30 pm.

IPL 2024 Final: FAQs

When is the IPL Final 2024?

The IPL Final 2024 will be played on Sunday, May 26th, 2024.

How to buy IPL final tickets?

Tickets for the IPL 2024 Final are now available for purchase on the official IPL website (https://www.iplt20.com), as well as on the Paytm Insider app and website. Exclusive access to tickets for Qualifier 1 (May 21, in Ahmedabad), Eliminator (May 22, in Ahmedabad), and Qualifier 2 (May 24) is granted to individuals with RuPay Card.

Which stadium is the final of IPL 2024?

The final will be held at the M. A. Chidambaram Stadium in Chennai.

Who are the teams playing in the IPL Final 2024?

The teams playing in the final haven't been determined yet. The playoffs are still ongoing to decide the finalists.

How can I watch the IPL Final 2024?

Traditionally, matches are aired on Star Sports Network in India and streamed online Jio Cinema App.

Are there any tickets available for the IPL Final 2024?

Tickets for the IPL Final are not yet available, but they will likely go on sale soon. You can check the official IPL website or Paytm Insider (https://insider.in/ipl-indian-premier-league) for updates on ticket sales.

Who are the teams predicted to be in the IPL Final 2024?

Several teams are in contention for the playoffs, but some predictions suggest? Kolkata Knight Riders and Sunrisers Hyderabad.? However, this is just speculation, and the actual finalists will be determined after the playoff matches.

Can I stream the IPL Final 2024 online?

Yes, you can stream the IPL Final 2024 online through Jio Cinema App.

Who are the defending champions of the IPL?

The defending champions of the IPL as of 2023 are the Chennai Super Kings.

Are there any special events planned for the IPL Final 2024?

The IPL Final often includes special events such as opening ceremonies, performances by artists, and other entertainment activities. Details will be announced as the date approaches.

Disclaimer: The prize money amounts provided are based on information available online and may be subject to change. Please verify with official sources for the most accurate and up-to-date figures.

For the latest and more interesting financial news, keep reading Indiatimes Worth.?Click here

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