IPL 2020 Prize Money Distribution: Who Gets What

Due to COVID-19 pandemic, BCCI was forced to rework the total prize money for this mega league

Updated on: 11 November 2020 11:49 am

IPL is just one match away from a successful conclusion and despite the hurdles of COVID-19 and having no spectators, it has witnessed more thrilling contests.

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As Rohit Sharma- led Mumbai Indians will take on Shreyas Iyer-led Delhi Capitals today i.e. November 10 in Dubai, they will have to content with almost 50% less prize money.

UPDATED prize money:

Or, it seemed! The Board of Control for Cricket in India (BCCI) reversed the decision to halve the prize money and handed the winners -- Mumbai Indians INR 20 crore and runners-up Delhi Capitals INR 12.5 crore.

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The circumstances have been far from ideal and it has also affected the bottom-line for the organisers BCCI. They have been forced to rework the total prize money for this mega league. Last year, the winning prize purse was INR 20 crore which was won by Mumbai Indians, while second-placed Chennai Super Kings won INR 12.5 crore.

But the circumstances this year means the winner will get INR 10 crore and the runners-up will get INR 6.25 crore, which is less than or equal to what some of the big name players, who went for over INR 10 crore at auctions, will get.

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BCCI in a notification had said, “The financial rewards have been reworked as a part of the cost-cutting measures. The champions will getR10 crore instead of R20 crore. The runners-up will get R.25 crore instead of R12.5 crore.”

Players like Glenn Maxwell (KXIP), Chris Morris (RCB) and Pat Cummins (KKR) went for INR 10.75 crore, INR 10 crore and INR 15.5 crore, respectively, at the auctions more than or equivalent to what the winners will end up getting.

The two losing qualifiers will pocked INR 4.35 crore each.