Mumbai:The Indian Cricket League announced that Rs 13.92 crore, which includes Rs two crore to the winning team, is the total prize money on offer for the ICL 20s Indian Championship to be held from tomorrow at four centres across the country.
The runner-up in the 41-match tournament which would see nine teams in the fray would take home Rs one crore, the losing semi-finalists would each get Rs 50 lakh and each win in the preliminary stage would fetch Rs 25 lakh, the ICL said in a media release.
The Man of the Series would be richer by Rs 40 lakh while the Man of the Match would get Rs two lakh, it added.
ICL Executive Board member and former Test stumper Kiran More said that the monetary incentive would motivate the players.
"I am sure this will work as a major incentive for all our players and motivate them to give cent per cent to their team and the viewing public every time they take the field," he said.
The final of the tournament, which opens in Hyderabad, is to be held on November 16. Panchkula, Gurgaon and Ahmedabad are the other match-staging centres.