{"id":8235,"date":"2024-08-23T13:12:39","date_gmt":"2024-08-23T13:12:39","guid":{"rendered":"https:\/\/uccricket.live\/?p=8235"},"modified":"2024-08-23T13:12:40","modified_gmt":"2024-08-23T13:12:40","slug":"ipl-vs-psl-budget-brand-value-prize-money-revenue-trophy","status":"publish","type":"post","link":"https:\/\/uccricket.live\/cricket\/ipl-vs-psl-budget-brand-value-prize-money-revenue-trophy-8235\/","title":{"rendered":"IPL vs PSL: Comparison Budget, Brand Value, Prize Money, Revenue & Trophy"},"content":{"rendered":"\n
IPL vs PSL:\u00a0 Find out all the differences between IPL and PSL by comparing the budget, brand value, prize money, revenue & trophy.\u00a0<\/p>\n\n\n\n
There are speculations that the Indian Premier League (IPL) and Pakistan Super League (PSL) will clash in 2025 due to the ICC Champions Trophy scheduled from February to March. <\/p>\n\n\n\n
IPL and PSL are the top two most popular T20 Domestic leagues gravitating global mass media and fans from all over the world. Where IPL mostly takes place from March to May, Pakistan\u2019s domestic T20 league PSL starts from February to March. However this year Pakistan will host the ICC Champions Trophy 2025 and has to shift the Pakistan Super League time slot from February to May. This time shift leads to a clash between the IPL and PSL. <\/p>\n\n\n\n
Both arch-rivals India and Pakistan have a huge fanbase for IPL and PSL from all around the world. There is an ongoing debate war of which T20 Tournament is better, IPL or PSL. Now that both leagues are supposed to schedule in the same month next year in 2025. <\/p>\n\n\n\n
Let\u2019s discuss the overall comparison between IPL vs PSL and see which league is better.\u00a0<\/p>\n\n\n\n
You Can Read Also<\/strong>:-\u00a0Best IPL Finisher 2024: Best Finisher in IPL<\/a><\/strong><\/p>\n\n\n\n IPL – <\/strong>The cash-ridge IPL or Indian Premier League<\/a> was founded in 2008 by the BCCI and brought the sport and entertainment together. When it comes to budget, the BCCI has set the IPL on fire and made it one of the richest sports leagues in the world. In 2024, BCCI increased the IPL budget for each team upto \u20b9100 crores (1 billion rupees) in the IPL 2024 mini-auction. During the auction, there is no limit on the money that can be offered to a player. Aussie player Mitchell Starc became the most expensive player with INR 24.75 crore in IPL 2024. On the other hand, KL Rahul was retained by the Lucknow Super Giants for INR 17 crore and became the most expensive Indian player of IPL 2024.\u00a0\u00a0\u00a0<\/p>\n\n\n\n PSL – <\/strong>The PSL (Pakistan Super League) had its inaugural season in 2016 after two failed attempts. PSL instantly became one of the most popular T20 domestic leagues in Asia. Unlike IPL, there is no budgeting system for the PSL teams. The whole league works on a draft system where teams can categorize players into Platinum, gold, Silver, and Emerging. Here are the PSL 2024 players’ salaries for different categories- Platinum (INR 2.30 crore), Diamond (INR 1.15 crore), Gold (INR 82.30 lakh), Silver (INR 41.15 lakh), and Emerging (INR 16.46 lakh).<\/p>\n\n\n\n From Babar Azam to Shaheen Afridi there are a total of 17 players in the Platinum category with a 2.30 crore salary which is not only low in comparison to IPL\u2019s most expensive player Mitchell Starc but many uncapped players like Sameer Rizvi (INR 8.4 crore), Shubam Dubey (INR 5.8 crore).<\/p>\n\n\n\n Read More<\/strong>:-\u00a0Fastest Century in IPL All Time<\/a><\/strong><\/p>\n\n\n\n With an INR 20 crore winner prize money tag, IPL is continuing its reign as the richest franchise league tournament. For IPL 2024, BCCI has distributed INR 46.5 crore among the winners, runners-up, top-performing teams and players. The IPL 2024 champion KKR won INR 20 crore, and their runner-up SRH secured INR 13 crore. Whereas Rajasthan Royals received INR 7 crore and Royal Challengers Bengaluru received 6.5 crore for securing the 3rd and 4th place respectively. <\/p>\n\n\n\n Compared to the PSL 2024 prize money, the winner Islamabad United received INR 4.13 crore whereas the runners-up Multan Sultans went home with INR 1.65 crore. Even the total PSL 2024 prize money is less than the WPL<\/a> 2024 winners RCB who received INR 6 crore. <\/p>\n\n\n\n The difference between IPL and PSL brand value can be calculated with their international Media rights deal. Looking at the recent media rights deals, there is a huge financial gap between IPL and PSL. <\/p>\n\n\n\n The media rights value for IPL for five seasons is $6.2 billion (INR 51000 crore approx) from 2022 to 2027 bought by Star Sports network. Due to worldwide popularity, Bollywood glitz, and glamor, IPL has a colossal brand value of $10.7 billion (Rs 88,000 crore). <\/p>\n\n\n\n On the other side, PSL made significant progress and sold their media rights deal worth $6.3 billion (Rs 52000 crore approx.) for 2024 and 2025. Despite the noteworthy development in media rights, PSL’s estimated brand value is $330 million (INR 2700 crore approx.)<\/p>\n\n\n\nIPL vs PSL Budget Comparison<\/strong><\/h2>\n\n\n\n
IPL vs PSL Prize Money <\/strong><\/h2>\n\n\n\n
IPL vs PSL Brand Value <\/strong><\/h2>\n\n\n\n