The Board of Control for Cricket in India (BCCI) has announced a rise in prize money for all men’s and women’s senior domestic tournaments.
Following the announcement, the Ranji Trophy champions from the upcoming 2023-24 season will earn Rs 5 crores as prize money, up from INR 2 crores while the senior women’s team one-day winning side will be earning Ra 50 lakhs as winning amount, seeing a huge jump from Rs 6 lakhs, with the runners-up to get Rs 25 lakhs.
“I’m pleased to announce an increase in prize money for all Domestic Tournaments. We will continue our efforts to invest in Domestic Cricket — which is the backbone of Indian Cricket. Ranji winners to get ?5 crores (from 2 cr), Sr Women winners ?50 lacs (from 6 lacs),” BCCI Secretary Jay Shah said through his official Twitter account.
As per the revised arrangement, the runners-up of Ranji Trophy will get Rs 3 crores, up from the earlier Rs 1 crores while the losing semi-finalists of Ranji Trophy will now receive Rs 1 crores.
On the other hand, the prize money for the Irani Cup winners has been doubled from Rs 25 lakhs to Rs 50 lakhs, with runners-up to get Rs 25 lakhs.
The prize money for the Duleep Trophy winners is now Rs 1 crores, up from Rs 40 lakhs, with the runners-up to get Rs 50 lakhs.
The Vijay Hazare Trophy winners will now receive Rs 1 crores, up from Rs 30 lakhs last season, with the runners-up to get Rs 50 lakhs.
The DB Deodhar Trophy winners will now get Rs 40 lakhs as prize money, up from Rs 25 lakhs when it was held the last time and runners-up to get Rs 20 lakhs.
The Syed Mushtaq Ali Trophy winners will now receive a amount of Rs 80 lakhs, instead of Rs 25 lakhs in the last season, with the runners-up to get Rs 40 lakhs.
Coming to the senior women’s T20 trophy, the winning team will get Rs 40 lakhs, instead of Rs 5 lakhs earlier and runners-up to get Rs 20 lakhs.
Earlier, the BCCI also announced the domestic schedule for 2023-24, with the Deodhar Trophy to be held after a gap of three years. The season will begin with the Duleep Trophy, slated to be held between June 28 and July 16, followed by Deodhar Trophy in the zonal format, with six zones competing from July 24 to August 3.