If you are an IPL fan, then you must be interested to know the Prize Money of IPL 2018.This ravenous sport is all about money and fame. There are many start players today who came to limelight just because of this high valued Tournament. Every year investors and advertising companies put a lot of efforts and bounty on his worldwide recognized Cricket Tournament. The outrageous fan following made companies succumb and put money like water in IPL. FYI, IPL is Asia’s most expensive cricket League in terms of money spent on players and Tournament.
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IPL fans are excited about the IPL winner prize money 2018. Here you can check the IPL 2018 winner prize money as well as IPL 2018 Runners-up prize money.
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And today, we are here to reveal the prize money of IPL 2018. To your astonishment, the 11th edition of the VIVO IPL 2018 total prize money will be $8 Million. This total prize money will be presented to the winners, runner-ups and other teams. So, $8 Million will be the prize for those who will play out of the box cricket this season.
How much money will the winners of IPL 2018 get?
|Indian Premier League 2018 Prize Money|
|Winners Share||$4 Million|
|3rd Place Team||$1.5 Million|
|4th Place Team||$1.5 Million|
|Players prize money||50% share from Winning Prize Money|
|Total Prize Money||$8 Million|
It will be quite interesting to know that Players who got sold for different bid prices will also be a part of this prize money. 50% of the winner’s prize money will be distributed among he players and the rest 50% will be for the Team Owners and others.
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Since the acquisition of IPL in VIVO, the prize money has raised round to 5% every year. And, they also bagged the sponsorship of IPL from 2018 to 2022 with a deal worth ₹439cr. So, the IPL Prize Money infused in the sport will surely grow with each edition.
IPL Winner Prize Money 2018 in Indian Rupees
IPL Prize money in 2018 will be rolling around the mentioned $8 Million. 8 million dollars or 80 lakh dollars in Indian Rupees is ₹50 cr. Out of this vast amount, the IPL 2018 winners will be getting half the amount i.e. $4 Million or ₹25 cr.
The runner-up will also be getting an amount half that of winners. So, Runners-up of IPL 2018 will get around $2 million or ₹12.5cr.
3rd and 4th place Teams will also be sharing a good amount of the IPL money. Each of the teams will get an amount of $1.5 million. Clearing playoffs and acquiring 3rd and 4th places will be getting ₹7.5 cr each.
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IPL 2018 Individual Match Awards
Apart from the Team Prize money, match awards and individual player awards are also a point of attraction. The players performing great in the tournament matches are awarded special awards and prizes.
There are IPL awards for most wickets, most runs, most sixes etc. along with Man of the Match. These awards are to value the great efforts of players in each match and in the IPL tournament. Below is the table containing the awards and their prize money.
|Orange Cap||₹ 10 Lakh & Trophy|
|Purple Cap||₹ 10 lakh & Trophy|
|Most Valuable Player||₹ 10 Lakh & Trophy|
|Man of the Match||₹ 1 Lakh & Trophy|
|Fair Play Award||Trophy|
|Perfect Catch Award||₹ 1 Lakh & Trophy|
|Maximum Sixes Award||₹ 1 Lakh & Trophy|
|Stylish Player of the day||₹ 1 Lakh & Trophy|
|Emerging Player Award||₹ 10 Lakh & Trophy|