IPL, PSL, IPL vs PSL, IPL PSL Prize Money
(Photo: Twitter)

Last Update on: November 18th, 2020 at 02:57 pm

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The fifth edition of the Pakistan Super League (PSL) came to an end on Tuesday (November 17). Karachi Kings and Lahore Qalandars fought it out in the title-decider. Both the teams were making their maiden appearance in the PSL final and Karachi Kings eventually won the title.

The Karachi-based outfit beat their Lahore counterpart by five wickets to clinch their maiden PSL title. The final didn’t really live up to the expectations as Qalandars failed to deliver in the biggest game of the tournament. Their decision to bat didn’t yield the desired result as they managed just 134 for 7 in the allotted 20 overs.

In reply, Karachi Kings chased down the total with eight balls remaining and five wickets intact. Their opener Babar Azam was the star of the show once again as he scored an unbeaten fifty to take the side home.

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The price money difference:

Exactly a week before the final of the PSL, the thirteenth edition of the IPL had come to an end in the UAE. The fans on social media have been comparing the two leagues from years now and are still doing it. Well, the basis of the comparison could be many but it won’t be wrong to say that when it comes to prize money or rather the overall money involved is well more in IPL than in PSL.

IPL is a global brand and is undoubtedly one of richest sports leagues in the world. The gulf between IPL and PSL could be seen by the prize money on offer for this year’s season. The winner of IPL 2020, Mumbai Indians earned INR 20 crores while runner-up Delhi Capitals earned INR 12.5 crores.

Mumbai Indians
Mumbai Indians with the IPL 2020 Trophy (Credits: Twitter/IPL)

Mumbai Indians’ prize money is more than five times the money received by Karachi Kings for winning PSL 2020. They earned INR 3.75 crores while Lahore Qalandars got INR 1.5 crores.

In fact, the teams which finished third and fourth in IPL 2020 earned more than the champions and runner-up of PSL 2020. Sunrisers Hyderabad and Royal Challengers Bangalore took home INR 8.75 crores each for making it to the playoffs. On the other hand, PSL 2020 did not provide any prize money to the third and fourth-ranked teams.

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In terms of individual prizes, PSL has managed to match its Indian counterpart. The Player of the Tournament, best batsman, best bowler, best fielder, best keeper, emerging player winners of PSL 2020 received INR 10 Lakhs each. In IPL 2020 too, the individual winners received the same amount.

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