Rajendra Prasad Mohapatra

Since its inception in 2008, popularity of Indian Premier League (IPL) has grown in leaps and bounds. The cash-rich league has seen massive rise in the viewership, which has made the tournament more lucrative in terms of prize money.

In the initial two editions, the champions received Rs 4.8 crore and the runners-up were awarded with Rs 2.4 crore. However, in 2022, champions Gujarat Titans (GT) took home Rs 20 crore for winning the coveted trophy. Meanwhile, the runner-up, Rajasthan Royals (RR) bagged Rs 13 crore.

As per reports, the prize pool for teams in IPL 2023 is Rs 46.5 crore.

The winners of the Orange Cap and Purpel Cap will take home Rs 15 lakh each. The Emerging Player of the tournament will bag a cash award of Rs 20 lakh. Moreover, Most Valuable Player of the season will get a cash reward of Rs 12 lakh.

In IPL 2023 final, four-time champions Chennai Super Kings (CSK) will lock horns with defending champions Gujarat Titans (GT) at the Narendra Modi Stadium in Ahmedabad on Sunday.

Both teams have played in the Qualifier and CSK got the better of GT on this occasion. However, in qualifier 2 GT rode on a scintillating century by promising batter Shubman Gill to hammer Mumbai Indians (MI) by 62 runs to surge into the final.

IF CSK manage to win the final, they will win the IPL title five times alongside MI.