Comparison between IPL 2020 and PSL 2020 prize money

Coming to a halt in the middle of the season due to the global pandemic outbreak, the Pakistan Super League finally concluded in November 2020. The fifth season of the PSL witnessed a fitting race for the title and finally a new champion. Karachi Kings led by Imad Wasim lifted their maiden title after besting Lahore Qalandars by 5 wickets.

PSL 2020 came to an end after week IPL 2020 concluded in Dubai. While the IPL 2020 garnered a record viewership this season, the PSL mustered the highest run-rate among all the foreign T20 leagues. While the comparison between the two leagues is never-ending, let’s take a look at how the prize money differs.

The winner of IPL 2020, Mumbai Indians earned a whopping INR 20 crores, and the runner-up Delhi Capitals earned INR 12.5 crores. On the contrary, the winner of PSL 2020, Karachi Kings bagged INR 3.75 crores, and the runner-up, Lahore Qalandars won INR 1.5 crores.

In IPL 2020, the orange cap winner (the highest individual scorer), purple cap winner (the highest individual wicket-taker), most valuable player, and the emerging player, most sixes award, power player award winners received INR 10 lakhs each. In PSL, the Player of the Tournament, the best batsman, the best bowler, the best fielder, the best keeper, and the emerging player winners went home with INR 10 Lakhs each, as well.

Both Sunrisers Hyderabad (3rd placed) and Royal Challengers Bangalore (4th placed) took home INR 8.75 crores each. PSL 2020 did not provide any prize money to the third and fourth-ranked teams. However, these two teams individually received INR 17.5 crores which is more than the whole prize money, that is INR 7.5 crores.