The Indian Premier League (IPL) was established in 2008 and is a popular and most-watched T20 league globally. Known for its competition and massive rewards. IPL 2025 marks its 18th edition of this year.
In 2024, the IPL-winning team received a prize of ₹20 crore, while the runners-up received ₹13 crore. With the league’s rising popularity and revenue, the 2025 prize money has still not increased.
In this blog, I’ll explore the IPL 2025 prize, breaking down the rewards for winners, runners-up, and standout performers.
Prize Money Distribution In IPL
The IPL offers substantial prize money to reward the top-performing teams. Here’s how the prize is distributed:
- Winning team: ₹20 crore
- Runner-up: ₹13 crore
- Third place: ₹7 crore
- Fourth place: ₹6.5 crore
IPL 2024 Individual Prize Money Details
Here’s a detailed overview of Individual prize money winners from the 2024 IPL season:
1. Player Of The Tournament: Sunil Narine
Sunil Narine’s exceptional all-round performance was incredible for Kolkata Knight Riders (KKR) in IPL 2024. With both bat and ball, Narine’s consistent contributions earned him the Most Valuable Player (MVP) award and a prize of ₹10 lakh.
2. Best Catch Of The Season: Ramandeep Singh
Ramandeep Singh’s fielding effort was honored as the Best Catch of the Season. This award came with a prize of ₹10 lakh.
3. Most Runs (Orange Cap): Virat Kohli
Virat Kohli scored 741 runs, securing the Orange Cap for the highest run-scorer in IPL 2024. His consistent top-order performances were exceptional in his team’s success. Kohli received a prize of ₹10 lakh for this achievement.
4. Most Wickets (Purple Cap): Harshal Patel
Harshal Patel was named the wicket-taker with 24 wickets, earning the Purple Cap in IPL 2024. His bowling in crucial moments impacted the tournament’s outcome. Patel was awarded ₹10 lakh for his performance.
IPL Prize Money Throughout History
The Indian Premier League (IPL) has seen a significant evolution in its prize money since its inception in 2008.
Below is a year-by-year breakdown of the cash prizes awarded to the winning and runner-up teams:
1. 2008-2009
Rajasthan Royals (₹4.8 crore) triumphed in 2008, and Deccan Chargers (₹4.8 crore) won in 2009. Chennai Super Kings and Royal Challengers Bangalore were runners-up.
2. 2010-2013
Chennai Super Kings (₹10 crore) in 2010 and 2011, while Kolkata Knight Riders (₹10 crore) claimed 2012 and 2013. Mumbai Indians and CSK were frequent runners-up.
3. 2014-2015
Kolkata Knight Riders (₹15 crore) won in 2014, and Mumbai Indians (₹15 crore) secured in 2015. Kings XI Punjab and CSK were runners-up.
4. 2016
Sunrisers Hyderabad (₹20 crore) defeated Royal Challengers Bangalore (₹11 crore) in a thrilling final.
5. 2017
Mumbai Indians (₹15 crore) edged out the Rising Pune Supergiants (₹10 crore) by just one run in a nail-biting finale.
6. 2018- 2019
Chennai Super Kings, Mumbai Indians, and Kolkata Knight Riders (₹20 crore each)
7. 2020
In 2020, due to the pandemic, the prize received by the winning team was 10 crore.
8. 2021- 2024
From 2021 to 2024, the winner’s prize (20 crores) remained the same for all these seasons.
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Conclusion: The IPL Prize Money For The 2025 Season Is ₹20 Crore
The IPL prize money is a significant incentive for teams to give their best on the field. In recent seasons, the winning team has taken home around ₹20 crore, while the runner-up received approximately ₹13 crore.
With the 2025 IPL season approaching, it will be exciting to see which teams make it to the playoffs and ultimately claim the championship title.
