92% Less! BPL vs IPL - Know The Difference In Prize Money Of The 2 Leagues

IPL and BPL have a massive disparity in their prize pool [Source: @IamTanujSingh/X.com]

Bangladesh’s Premier League (BPL) has steadily grown in stature since its inception in 2012, with its 2024-25 season marking another milestone in prize money allocations. However, despite incremental increases, the league’s financial rewards remain a drop in the ocean compared to the IPL, cricket’s undisputed financial powerhouse. 

The BPL 2024-25 season introduced its highest-ever prize pool, amounting to 5.31 crore Bangladeshi Taka (BDT), which is approximately 3.77 crore INR. This prize pool was an increase of 2.03 crore BDT from previous editions. Before delving into the comparison here's a detailed list of how the prize money is distributed from the pool.

BPL 2024-25 Prize Pool

While these rewards reflect progress for the BPL, they pale in comparison to the IPL’s colossal financial ecosystem. 

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IPL's Cash-Richness Crushes BPL By 12.5 Times 

The IPL 2024 season boasted a total prize pool of 47.36 crore INR, dwarfing the BPL’s entire prize pool. The key rewards in IPL 2024 were much higher, with the Champions taking home 20 crore INR, the Runners-up earning 13 crore INR, and even the Fourth-Placed Team receiving 6.5 crore INR. 

The head-to-head comparison between the BPL and IPL reveals a jaw-dropping disparity in financial rewards. The BPL’s total prize pool of 3.77 crore INR is a mere 8% of the IPL’s 47.36 crore INR, highlighting a staggering 92% deficit. 

The gap is even more pronounced when we look at individual rewards. For instance, the Champions' share in the IPL is 11.3 times larger than that of the BPL, with IPL winners earning 20 crore INR compared to BPL’s 1.77 crore INR. Similarly, the Runners-up in the IPL receive 12.2 times more than their counterparts in the BPL, with IPL’s second-place prize of 13 crore INR compared to the BPL’s 1.065 crore INR.

Even the lower-tier rewards are heavily skewed. The Fourth-Placed Team in the IPL receives 23 times more than the BPL’s fourth-placed team, with the IPL’s fourth-place prize alone being 1.7 times larger than the entire BPL prize pool. The individual accolades are equally disproportionate, as the IPL’s Orange Cap/Purple Cap rewards (15 lakh INR) are 4.2 times higher than the BPL’s top batter/bowler prizes. 

Why IPL Is A Mammoth  In Its Game?

The reasons behind such a massive gap in prize money stem from the IPL's immense financial muscle, which is driven by its immense brand value, lucrative broadcasting deals, and a wealth of corporate sponsorships. While the BPL’s recent prize money hikes reflect its ambition, the league remains a financial minnow compared to the IPL’s behemoth. 

For context, the IPL champion’s purse could fund the entire BPL prize pool 5.3 times over. Notably, one IPL fourth-placed team earns nearly double the combined total of all BPL rewards. Hence, for now, the IPL’s dominance in cricket’s financial arena remains unchallenged, proving that when it comes to T20 leagues, India’s powerhouse is in a league of its own.

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