Indian Premier League (IPL) is the most popular T20 league in the world. After the inception of IPL in 2024, the standard of the game has reached new heights. Over a period of time, every country has launched its own franchise league and one such League is Pakistan Super League (PSL). Here is a look at the PSL vs IPL prize money awarded to the winners of PSL and IPL.
The PSL T20 was invented in the year 2015. Just like IPL they also have franchise teams, although the numbers are different for both the leagues. In IPL there are 8 franchise teams, whereas in PSL there are 6 franchise teams.
The format of both leagues is similar. But, there is a huge difference when it comes to the prize money of PSL vs IPL. The recently concluded PSL 2024 saw Karachi Kings lifting their maiden PSL title. They defeated Lahore Qalandars in the final.
PSL vs IPL Prize Money 2024 Comparison
Karachi Kings the champions of Pakistan Premier League 2024 took home 5,00,000 US Dollars which is approximately 3.72 cores in Indian currency.
When we talk about IPL 2024 winners Mumbai Indians they got whopping 20 cores prize money. The prize money of IPL is around fivefold of Pakistan Super League prize money.
On the other hand, IPL runners up Delhi Capitals got 12 5 crores. 11 crores more than PSL runners up prize money. Lahore Qalandars got 1.5 crores after being the second-best team of PSL 2024.
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Teams which finished IPL 2024 at 3rd and 4th position combined pocketed home 17.5 crores which is more than the total prize money of PSL 2024 (7.5 crores).
The only category where PSL is rubbing shoulders with IPL is individual prize money. In both PSL and IPL Player of the tournament, best bowler, best batsman, best fielder and emerging player of the season get 10 Lakhs rupees.
When it comes to prize money, the Indian Premier League (IPL) is untouchable. Pakistan Super League may have successfully allured many big talents but the charm of the IPL Is untouchable.
The 2024 season of IPL will be held between April and March this year. The tournament will be back in India this year after it was held in UAE last season due to the Coronavirus outbreak.