PSL is the top class league of T20 format that belongs to Pakistan and started from 2016. In a very short time, Pakistan Super League has won the hearts of people and is now able to compete with the greatest leagues like IPL and BBL. In the year 2023, there will be the 8th edition of this league. The PSL 2023 prize money is revealed.
PSL 2023 Prize Money
The prize money of PSL season 8 2023 is $1 Million. The shares of the teams and players is as under.
| Stage | Amount |
|---|---|
| Champion | $500K (PKR 8.82 Crores) |
| Runner Up | $200K (PKR 3.50 Crores) |
| 3rd Place | $76K (PKR 1.34 Crores) |
| 4th Place | $44K (PKR 77 Lakhs) |
| Man of the Match | $4.5K (PKR 8 Lakhs) |
| Player of tournament | $20K (PKR 35 Lakhs) |
| Leading Runs Scorer | $20K (PKR 35 Lakhs) |
| Leading Wickets Taker | $20K (PKR 35 Lakhs) |
The winner will take home a cash prize of $500K. Runner up will receive an amount of $200K. There are other awards also like best fielder, best wicket-keeper, and spirit of cricket awards.
There are some increments in the winning prizes as compared to the previous event. Due to some economical changes in the USD rates, the prize amount in PKR is automatically increased.
The only reason why PSL is behind the IPL is the prize money. The IPL vs PSL prize money comparison shows that there is much more amount given to the teams and players.
All these amounts are not the final ones as there are chances for some changing in them. If any change occur, it will be available as soon as possible.
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