The total prize money for the PSL has increased significantly over the years. In the inaugural season of 2015, the total prize money was $1 million. This amount was increased to $2 million in 2016 and has remained at that level ever since,, and prize money in 2024 will be 150 million PKR.
The Pakistan Cricket Board (PCB) has announced the prize money for the much-anticipated Pakistan Super League (PSL) season 9.
The Pakistan Super League 2024 will begin between February 27 and March. It was originally scheduled for March, but the date was changed to coincide with Australia’s trip to Pakistan.
PSL Prize Money Breakdown in 2024
The prize money is distributed among the top six teams in the league. The winner of the tournament receives $150 million, while the runner-up receives 58 M. The third-place team receives $200,000, the fourth-place team receives $100,000, the fifth-place team receives $50,000, and the sixth-place team receives $25,000.
| Standing | Prize Money in PKR | Prize Money in US Dollar | Change in Purse |
|---|---|---|---|
| Winner | 150 Million PKR | ($650,000). | 10% Increased |
| Runner-up | 58 Million | $200K | 5% Increased |
| 3rd Place | 15.5 Million PKR | $76K | 5% Increased |
| 4th Place | 9.9 Million PKR | $44K | N/A |
| Player of the Match or Man of the Match | 8 Lakh PKR | $4.5K | N/A |
| Player of the Tournament | 13.7 Million PKR | $20K | N/A |
| Leading Runs Scorer | (PKR 35 Lakhs) | $20K | N/A |
Impact of PSL Prize Money
The substantial prize money offered by the PSL has had a significant impact on Pakistani cricket. The league has attracted top international players, which has helped to improve the quality of cricket in Pakistan. The PSL has also generated revenue for the Pakistan Cricket Board (PCB), which has been used to invest in the development of cricket in Pakistan.
Future of PSL Prize Money in 2024
It is likely that the PSL prize money will continue to increase in the future. The league is becoming increasingly popular, and the PCB is keen to attract even more top international players. The increase in prize money will also help to attract more sponsors and broadcasters to the league.
Conclusion
The PSL is a lucrative tournament with substantial prize money. The prize money has had a positive impact on Pakistani cricket, and it is likely to continue to increase in the future.