The total prize money for the Pakistan Super League – PSL 9 has increased, and the winner of PSL 2024 will receive 120 million PKR while the runners-up will get 48 million PKR.
The Pakistan Super League (PSL) will return to Pakistan in 2024, and this is fantastic news for Pakistani fans. This is good news for cricket in general since it will help improve the playing conditions in the country.
The total prize money awarded for the Pakistan Super League competition was 112 million Pakistani rupees. First place earned 120 million PKR, and second place received 48 million PKR.
PSL 9 Winner & Runners-Up Prize Money List, Pakistan Super League 2024
Pakistan Super League breaks down the winners, runner-ups, and players of the tournament Prize Money for Pakistan Super League 2024.
Winners | $ 2 Million |
Runner-Ups | $ 500,000 |
3rd Place | $ 250,000 |
4th Place | $ 250,000 |
Player of the Match Award | $ 10,000 |
Player of the Tournament Award | $ 80,000 |
Total Prize Money | $3.5 Million |
All players and fans of the Pakistan Super League will be pleased to learn that the prize fund has been enhanced for the upcoming PSL 2024 season.
Besides, the event itself is exciting and of itself. The event will be held entirely in Pakistan, which is the most significant factor.
The Pakistan Cricket Board (PCB) expects prize money and revenue to rise when Pakistan Super League moves to the country. Dubai/Sharjah, as well as lesser sponsors in Pakistan, have been unable to provide any assistance.
Hosting a contest outside of the United States incurs more expenditures, which lowers the prize money. We may expect a massive rise in Pakistan Super League income in the year that it moves to Pakistan, which would raise prize money monies.
There will be a total of 34 games in the league between the six competing nations. The league’s prize money has been distributed, and the games will begin as soon as the schedule for the season is released. Both Lahore and Karachi will host the season’s final games on the fields in both cities.
Previous PSL Prize Money List
Edition | Winners Prize Money | Runners-up Prize Money |
PSL 6 | 75 million | 30 million |
PSL 7 | 80 million | 32 million |
PSL 8 | 120 million | 48 million |
PSL Teams Sponsors
PSL is one of the world’s most exciting sporting collaborations. Thus, it is the financial contribution that keeps the teams energized and applauded.
The rights to Karachi Kings, the most expensive PSL franchise, were sold for $26 million, according to the official documents.
Since its inception, the title sponsorship has been linked to HBL. However, it isn’t inexpensive. In 2016, HBL paid $5 million for the right to be the long-term sponsor of this event.
The sponsorship was renewed by HBL for $14.3 million, extending it for three years after it expired. Pakistan’s Super League has seen a rise in the amount of money invested in the sport due to this development (PSL).
Title sponsor | Period |
Sponsorship amount (per year)
|
HBL
| 2016–2018 |
PKR 54.4 Crore (US$5.2 Million)
|
2019–2021 |
PKR 214.8 Crore (US$14.3 Million)
| |
2022–2025 |
PKR 391.7 Crore (US$22.2 Million)
|
Also Read: PSL Points Table