The Board of Control for Cricket in India (BCCI) on Sunday, April 16 announced a big hike in prize money in domestic tournaments for both men and women.
The hike in the men’s prize money ranges from 60 to 300 per cent, while the two women’s tournaments witnessed hikes of over 700 per cent.
BCCI’s flagship tournament, the Ranji Trophy winners will now take home INR 5 crore, more than double what the previous champions used to receive.
That said, as per the new structure, it’s the domestic women’s game that received the biggest boost. Here’s a closer look at all the tournaments, detailing their previous fee structure and comparing it with the new revised fee structure.
Ranji Trophy - INR 5 crore prize money
As already mentioned, the Ranji Trophy winners will now bag INR 5 crore, which is an increase of more than double as the previous winners used to take home INR 2 crore. The losing finalist and semi-finalists will also earn INR 3 crore and INR 1 crore, which is significantly more than the INR 1 crore and INR 50 lakh they received previously.
Irani Cup - INR 50 lakh prize money
The Prize money for the Irani Cup doubled from INR 25 lakh to INR 50 lakh, while the runners-up will now receive INR 25 lakh instead of not being rewarded with anything, which was the case earlier.
Duleep Trophy - INR 1 crore prize money
Meanwhile, the Duleep Trophy witnessed a prize hike to INR 1 crore from INR 40 lakh for the winners while the runners-up will pocket INR 50 lakh instead of INR 20 lakh.
Vijay Hazare Trophy - INR 1 crore prize money
Like the Duleep Trophy, the winners and runners-up of the Vijay Hazare Trophy will receive INR 1 crore and INR 50 lakh respectively. The previous prize money for the winners and runners-up of this tournament was INR 30 and 15 lakh respectively.
Deodhar Trophy - INR 40 lakh prize money
Winners of the Deodhar Trophy, which will be making its return in the upcoming domestic season after a long hiatus, will be handed INR 40 lakh instead of the previous money of INR 25 lakh. The runners-up will also receive INR 20 lakh now as opposed to the previous INR 10 lakh.
Syed Mushtaq Ali Trophy - INR 80 lakh prize money
The prize money for the Syed Mushtaq Ali Trophy saw one of the biggest hikes in terms of percentage. The winners of this tournament will now receive INR 80 lakh instead of the previous INR 25 lakh. The runners-up are also expected to walk away with INR 40 lakh now as opposed to the earlier INR 10 lakh.
Senior Women’s One Day Trophy - INR 50 lakh prize money
However, the biggest benefactors of the revised fee structure have to be women. The winner and runners-up of the Senior Women’s One Day Trophy will now get INR 50 and 25 lakh respectively. The previous prize money for the winners and runners-up of this tournament was INR 6 and 3 lakh respectively.
Senior Women’s T20 Trophy - INR 40 lakh prize money
The Senior Women’s T20 Trophy also had a big spike in the prize money up for grabs. The winners and runners-up of this tournament will now get INR 40 and 20 lakh respectively, instead of the earlier 5 and 3 lakh.
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