IPL 2024 Prize Money Breakdown: KKR vs SRH Final

The IPL 2024 season culminated in a thrilling showdown between Kolkata Knight Riders (KKR) and Sunrisers Hyderabad (SRH), where KKR emerged victorious, claiming their third IPL title. Apart from the glory of lifting the trophy, both teams were vying for substantial cash prizes. Let’s delve into the detailed breakdown of the prize money distribution and individual awards associated with the IPL 2024 season.

Prize Money Distribution

• Winner (KKR): Kolkata Knight Riders secured the championship title, earning a whopping INR 20 crore as prize money.
• Runner-up (SRH): Sunrisers Hyderabad, the valiant finalists, received a commendable consolation prize of INR 12.5 crore.
• 3rd Place Team (RR): Rajasthan Royals, finishing in the third position, took home INR 7 crore.
• 4th Placed Team (RCB): Royal Challengers Bengaluru, securing the fourth spot, received INR 6.5 crore.

Individual Awards and Prize Money

• Orange Cap (Virat Kohli): Virat Kohli, the leading run-scorer of IPL 2024, clinched the Orange Cap and received a cash prize of INR 15 lakh.
• Purple Cap (Harshal Patel): Harshal Patel, the season’s highest wicket-taker, earned the Purple Cap and a prize of INR 15 lakh.
• Emerging Player of the Season: Nitish Reddy was recognized as the Emerging Player of the Season and was awarded INR 20 lakh.

Additional Awards

• Most Sixes: Abhishek Sharma, with 42 sixes, won the award for hitting the most sixes in the season earning INR 10 lakh.
• Electric Striker of the Season: Jake Fraser-McGurk was recognized as the Electric Striker of the Season, receiving a prize of INR 10 lakh.
• Catch of the Season: Ramandeep Singh’s exceptional catch earned him the Catch of the Season award along with INR 10 lakh.
• Pitch and Ground Award: The Rajib Gandhi International Stadium received the pitch and Ground Awards, amounting to INR 50 Lakh

Historical Context and Prize Money Evolution

• In the inaugural IPL season in 2008, the winning team, Rajasthan Royals, received INR 4.8 crore, while the runners-up, Chennai Super Kings, earned INR 2.4 crore.
• Over the years, the prize money for the winners has significantly increased, with the champions earning INR 20 crore since 2016.
• The BCCI has maintained a consistent prize money structure, with the runners-up receiving INR 13 crore from 2021 onwards.

The IPL 2024 season not only showcased exceptional cricketing talent but also highlighted the significant finances awaiting the successful teams and standout performers. As the league continues to captivate audiences worldwide, the allure of the IPL trophy and the accompanying prize money remains pivotal in driving the competitive spirit and excellence displayed on the cricketing field.