Have a look at the prize money breakdown for the 2023 Women’s Premier League, how much money do the winners bag in the first season of WPL
In its debut season, the Women’s Premier League (WPL) will feature five clubs competing for the title.
After spending money during the auction window, attention now shifts to the actual game, as teams like the Mumbai Indians and Royal Challengers Bangalore battle it out for supremacy.
The BCCI has paid INR 950 crore for the media rights to Viacom 18 which means, Sports 18 Network channels will be covering the live matches for the first edition of the tournament, in India along with Jio Cinema has the rights for the live stream.
Women’s Premier League (WPL) 2023 winner and runner up prize money purse breakdown
The Women’s Premier League (WPL) is governed by the BCCI in India. Franchise team managers bought players for their teams at the auction that was held for several teams.
After the auctions, the clubs were put together and prepared for the League’s debut on March 4, 2023. The Women’s Premier League has generated a lot of enthusiasm because it will be the first league in which only women will compete.
Women Premier League 2023 Prize Money Breakdown:
According to reports, the prize fund for WIPL participants would total Rs.10 crores. The BCCI has established a 12 crore rupee salary cap for the Women’s Indian Premier League.
The fund will grow by INR 1.5 crore every year for the following four years, reaching INR 18 crore by 2027. Star players are not taken into account in the five-team competition.
The winner will receive INR 6 crore, while the runner-up will receive INR 3 crore.
The third-place league team will receive INR 1 crore, while all player reward money will be split equally among the players.
Winner | Prize Money (In INR) |
Winner | 6 Crores |
Runners-up | 3 Crores |
Third place | 1 Crore |
The player purse will start at INR 12 crore in 2023, rise to INR 13.5 crore in 2024, INR 15 crore in 2025, INR 16.5 crore in 2026, and finally INR 18 crore in 2027, according to the information sent to potential players on January 19.
This is the strategy for the first five years, with six teams in the final two years of the cycle and five teams in the first three years.