IPL 2024 introduces cash prizes for ‘Orange Cap’ and ‘Purple Cap’ winners: What does it mean? Here are the top players on the list

Cash prizes for Orange Cap and Purple Cap Winners in IPL 2024

IPL 2024, Orange Cap, Purple Cap, IPL 2024 winners, Orange Cap winners, Purple Cap winners, lifestyle, sports
IPL 2024: Meaning of Orange Cap and Purple Cap. Image: PTI

Every IPL season concludes with the recognition of outstanding performances through various awards, including the prestigious Orange Cap and Purple Cap. Awarded to the highest run-scorer and leading wicket-taker respectively, these accolades highlight the exceptional contributions of players throughout the tournament. Alongside, honours like the Most Valuable Player, Emerging Player, and Fair Play Award celebrate excellence and sportsmanship in cricket.

Cash Rewards for Orange and Purple Cap Winners

The Orange Cap, commemorating the top run-scorer, is a coveted title in IPL history. Notable winners like David Warner, Chris Gayle, and Virat Kohli have etched their names on this esteemed list. The recipient of the Orange Cap receives a handsome cash prize of Rs 15 lakh as a testament to their stellar batting performances.

Similarly, the Purple Cap, symbolizing bowling excellence, rewards the season’s highest wicket-taker. Past recipients, including Bhuvneshwar Kumar and Kagiso Rabada, have showcased remarkable bowling prowess. The winner of the Purple Cap also takes home a cash prize of Rs 15 lakh, acknowledging their impactful contributions to their team’s success.

Current Standings in IPL 2024

As the IPL 2024 season unfolds, Virat Kohli leads the race for the Orange Cap, while Yuzvendra Chahal dominates the competition for the Purple Cap. Their stellar performances on the field exemplify the spirit of competition and excellence in cricket.

Consistent Prize Money Structure

The IPL prize money structure has remained consistent over the years, reinforcing the tournament’s prestige and fairness. Champions receive a substantial reward of Rs 20 crore, with the runners-up securing Rs 13 crore. Teams finishing third and fourth are rewarded handsomely, earning Rs 7 crore and Rs 6.5 crore respectively.

Recognition for Outstanding Performances

In addition to the Orange and Purple Cap awards, IPL recognizes various other exceptional performances. The Emerging Player of the Tournament, Most Valuable Player, Power Player of the Season, Game Changer of the Season, and Super Striker of the Season all receive significant cash rewards, further motivating players to excel on the field.

As IPL 2024 progresses, players strive to leave their mark on the tournament, aiming for personal glory and the prestigious Orange and Purple Caps, accompanied by substantial cash rewards.

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This article was first uploaded on April sixteen, twenty twenty-four, at forty-one minutes past twelve in the am.
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