IPL To PSL: T20 Leagues And Their Winners Prize Money

T20 cricket and its leagues have taken the world by storm over the past 14 years. While the initial T20 league was played in England, it was the Indian Premier League (IPL) that showed the way for boards to mint massive money with such tournaments. It helped a lot that MS Dhoni’s Team India had won the 2007 T20 World Cup, putting more attention on the inaugural IPL season the next year.

Since then the BCCI’s finances, and consequently its stature and power, have grown manifolds due to the freakish amount of money influx from broadcasting rights and sponsorship for the IPL.

Following the same path, other cricket boards also have tried to launch and grow their own T20 leagues, but make a fraction of the money the BCCI makes from the IPL. The ECB in spite of the presence of The Blast, has decided to launch The Hundred, a concept where matches will be of 100 balls per innings, and other bizarre rules and jargons.

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Here we look at the Top 5 T20 leagues ranked by the winners’ prize money:

5. T20 Blast – INR 1.80 crores

England’s T20 league is The Blast, which was initially known as The Twenty20 Cup when it was introduced in 2003 – yes, the first official T20 league was played in England years before the IPL.

The Nottinghamshire Outlaws are the current champions; Daniel Christian led the side to a 6-wicket win in the final in a rain-truncated affair against Surrey last October amidst the pandemic. The winners received 175,000 pounds or INR 1.80 crores.

4. Big Bash League (BBL) – INR 3.27 crores

The Big Bash League (BBL), which is the premier T20 tournament in Australia, started in the 2011-12 season where the Sydney Sixers emerged as the inaugural champions; Sixers are now three-time champions winning it in the 2019-20 and the 2020-21 season.

Moises Henriques’ side bagged the prize money of 450,000 USD or INR 3.27 crores for their latest title win earlier in the year after defeating Perth Scorchers in the final.

3. Pakistan Super League (PSL) – INR 3.67 crores

Introduced in 2016, 5 seasons of the Pakistan Super League (PSL) have been completed so far, with Islamabad United the only team to have won it twice. Last season it was Karachi Kings, which had the likes of Babar Azam, Alex Hales, Imad Wasim, and Mohammad Amir, who won their maiden title defeating Lahore Qalandars in the final.

The PSL 2021, which was halted in March due to covid-19 cases amongst players and staff members, is currently being played out in the UAE. The winners will be awarded prize money of 505,000 USD, converting to about INR 3.67 crores.

2. Bangladesh Premier League (BPL) – INR 6.19 crores

Inaugurated in 2012, the Bangladesh Premier League (BPL) has been organized seven times so far. The latest winners are the Rajshahi Royals, led by superstar all-rounder Andre Russell, who was Man of the Match in the final and the Man of the Tournament as well, defeated Khulna Tigers in the final.

The next season was not organized hitherto due to the pandemic. The winner’s prize money in the 2019-20 edition of BPL was 850,000 USD or INR 6.19 crores.

1. Indian Premier League (IPL) – INR 20 crores

The fact the third and fourth-placed teams in IPL 2020 – Sunrisers Hyderabad and Royal Challengers Bangalore – received a sum of INR 8.75 crore each for reaching the playoffs speaks about the BCCI’s and the IPL’s spectacular opulence compared to others.

The Rohit Sharma-led Mumbai Indians, who became 5-time champions last season and secured back-to-back titles, bagged a whopping INR 20 crores; runners up Delhi Capitals, who made into their maiden final, were given INR 12.5 crores. And this, in spite of the monetary losses due to the pandemic.

Also Read: Highest Individual Score At Each Batting Position In ODI Cricket