The most famous t20 cricket league IPL offers a significant money award to the winning teams and players. There are billions of cricket fans who enjoy watching Indian Premier League championship through their television sets, mobiles, laptops and other platforms. Hence tournament’s popularity is quite decent and teams do some serious business when enters in the semi-finals aka final four.
As per Indian Premier League rules, top 4 teams of the season will bag money after the event. No money will be alloted to rest four clus of the championship. Whatever prize money a team earns, half of that price should be distributed among the players as per BCCI/IPL norms.
In the 2016 Vivo IPL, approx 47 Crore INR was total budget for the teams to be awarded. IPL 2016 winning team Sunrisers Hyderabad made 20 Cr. meanwhile runner-up Royal Challengers Bangalore bagged 11 crore INR. Third and fourth place teams Gujarat Lions and Kolkata Knight Riders made 7.5 Crore INR each.
In the 10th season of event, it is expected that total prize money will be remained same as 2015. The winner of IPL 2017 will bag 15 Crore INR. Let’s have a look at the complete breakdown of prize money for Vivo Indian Premier League.
IPL 2017 Prize Money
| Teams Position | IPL 2015 | IPL 2016 | IPL 2017 |
| Winner | 15 Crore INR | 20 Crore INR | 15 Crore INR |
| Runner-up | 10 Crore INR | 11 Crore INR | 10 Crore INR |
| Third Place | 7.5 Crore INR | 7.5 Crore INR | 7.5 Crore INR |
| Fourth Place | 7.5 Crore INR | 7.5 Crore INR | 7.5 Crore INR |