The IPL 2023 is set to get underway on March 31, with MS Dhoni‘s Chennai Super Kings taking on the defending champions, Hardik Pandya’s Gujarat Titans, in Ahmedabad.
Ahmedabad will also host the IPL 2023 final on May 28
The IPL 2023 is the 16th edition of the IPL, which is the biggest, richest, and grandest T20 cricket league on the planet.
The BCCI has gotten multifolds richer in recent times with the astronomical sum they received and will earn more through the selling of the two new franchises in the IPL that made their debuts last year – Gujarat Titans and the Lucknow Super Giants – and more so from the jaw-dropping INR 48,390 crore for the selling of the media rights to Star and Viacom18 for the IPL’s 2023-27 cycle.
This will also reflect in the increase in the prize money for the winners and runner-ups of the IPL.
The winners of the IPL 2023 will get INR 20 crore while the runner up will get INR 13 crore. The third and fourth finishing teams will get INR 7 crore each.
Apart from the teams, the BCCI also rewards the best individual players in different categories.
The list of single awards with their associated cash prize is provided below:
| Award | Prize in INR |
| Crack it sixes of the season | 12 Lakhs |
| Emerging player | 20 Lakhs |
| Game changer of the season | 12 Lakhs |
| Most valuable player | 12 Lakhs |
| Orange cap winner | 15 Lakhs |
| Power player of the season | 12 Lakhs |
| Purple Cap winner | 15 Lakhs |
| Super Striker of the season | 15 Lakhs |
Speaking about the schedule of the IPL 2023, the tournament will be played across 12 venues: Ahmedabad, Mohali, Lucknow, Hyderabad, Bengaluru, Chennai, Delhi, Kolkata, Jaipur, Mumbai, Guwahati, and Dharamsala.
Each team will play 14 league matches – the tournament returns to the home-and-away format for the first time since 2019.
The teams for the IPL 2023 have been divided into two groups:
Group A: Mumbai Indians, Kolkata Knight Riders, Rajasthan Royals, Delhi Capitals, and Lucknow Super Giants
Group B: while Chennai Super Kings, Sunrisers Hyderabad, Royal Challengers Bangalore, Punjab Kings, and Gujarat Titans
Each team will play the five teams of the other group twice and the other four from their own group once, making it 14 league games per team.
