The popularity of the T20 format has exploded since its introduction in 2003. With its fast-paced, exciting gameplay, this format has attracted fans and players from all over the world. As a result, various T20 leagues and tournaments have emerged, offering significant prize money to the winners. The Indian Premier League, Pakistan Super League, Caribbean Premier League, Bangladesh Premier League and other are among most watch T20 leagues today. In this article, we’ll explore the top T20 tournaments globally, their popularity, and the prize money awarded to the winners.
Indian Premier League (IPL) – ₹20 Crores
The IPL is the most popular and lucrative T20 league in the world. Established in 2008, it features eight city-based franchises that attract the best cricket talent from India and overseas. The IPL has a massive fan following, and its success has set the benchmark for T20 leagues worldwide. The winning team takes home a staggering ₹20 Crores, making it the highest-paying T20 tournament.
ICC T20 World Cup – ₹13.02 Crores
Not a T20 league, the ICC T20 World Cup is an international championship that takes place every two years. The event showcases the best cricketing nations competing against each other in a thrilling contest. With a prize money of ₹13.02 Crores for the winners, the tournament is the second most lucrative T20 competition in the world. Its popularity is evident from the millions of viewers that tune in to watch the matches.
Caribbean Premier League (CPL) – ₹8.14 Crores
The CPL, launched in 2013, is a professional T20 league in the Caribbean. Featuring six teams from different countries in the region, the CPL has grown in popularity due to its exciting brand of cricket and unique carnival atmosphere. The tournament is a major draw for players and fans alike, with the winning team earning ₹8.14 Crores.
Bangladesh Premier League (BPL) – ₹6.92 Crores
Established in 2012, the BPL has quickly become a popular T20 league in Bangladesh. The competition features seven franchises and attracts both local and international talent. The BPL has gained a substantial following in the country, and its winning team is awarded ₹6.92 Crores.
Women’s Premier League (WPL) – ₹6 Crores
The WPL is a professional women’s T20 league that features talented female cricketers from around the world. The league has gained considerable popularity and has played a crucial role in promoting women’s cricket. The winning team in the WPL takes home an impressive ₹6 Crores.
Big Bash League (BBL) – ₹3.66 Crores
The Big Bash League, launched in 2011, is Australia’s premier T20 league. Featuring eight city-based franchises, the BBL has become a popular summer event in Australia, attracting top cricket talent and a dedicated fan base. The winning team in the BBL earns ₹3.66 Crores.
Pakistan Super League (PSL) – ₹3.40 Crores
Established in 2015, the PSL is a professional T20 league in Pakistan. The Pakistan Super League features six franchises and has played a significant role in revitalizing cricket in Pakistan. The PSL has a dedicated fan following, and the winning team is awarded ₹3.40 Crores.
The Hundred – ₹1.2 Crores
The Hundred is a unique 100-ball cricket tournament that was introduced in 2021 by the England and Wales Cricket Board (ECB). The competition features eight city-based teams from England and Wales and aims to attract a new generation of cricket fans. The winning team in The Hundred earns ₹1.2 Crores.
List of T20 Leagues / Tournaments and Winning Amounts [INR / USD]
| S.No | T20 Tournament | Winning Amount (INR) | Approx Amount (USD) |
|---|---|---|---|
| 1 | Indian Premier League | ₹20 Crores | $2,684,000 |
| 2 | ICC T20 World Cup | ₹13.02 Crores | $1,746,000 |
| 3 | Caribbean Premier League | ₹8.14 Crores | $1,092,000 |
| 4 | Bangladesh Premier League | ₹6.92 Crores | $928,000 |
| 5 | Women’s Premier League | ₹6 Crores | $804,000 |
| 6 | Big Bash League | ₹3.66 Crores | $491,000 |
| 7 | Pakistan Super League | ₹3.40 Crores | $456,000 |
| 8 | The Hundred | ₹1.2 Crores | $161,000 |
In conclusion, T20 cricket has revolutionized the sport, drawing in fans and players from all corners of the globe. With high-stakes competition and significant prize money on the line, these tournaments continue to grow in popularity and prestige. From the glamour and glitz of the IPL to the unique format of The Hundred, T20 cricket has something to offer for every fan. The increasing prize money in these tournaments not only highlights the commercial success of T20 cricket but also serves as a testament to the format’s ability to captivate audiences and elevate the sport to new heights.
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