The secretary of the Board of Control for Cricket in India (BCCI), Jay Shah, announced an increase in prize money for all domestic competitions in India earlier this Sunday via Twitter. He also went on to hail domestic cricket as the backbone of Indian Cricket and looked forward to continuing with his efforts to invest more money in it.
The biggest spike in prize money was for the Ranji Trophy winners who will receive ₹5 crores instead of ₹2 crores previously. For women’s cricket, the highest increment in prize money is going to be for the Senior Women’s ODI Trophy winners, who will get ₹50 lacs rather than ₹6 lacs in the past.
Jay Shah took to Twitter and put out a statement alongside a picture which details the domestic fee restructuring. He wrote, “I’m pleased to announce an increase in prize money for all @BCCI 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).”
Check out the tweet here:
According to Jay Shah, the Irani Cup winner will earn ₹ 50 lacs, double the increase in prize money in comparison to the last winners. He also brought in prize money of ₹25 lacs for the losers of the Irani Cup, which wasn’t the case previously.
Earlier this month, BCCI also announced the itinerary for domestic cricket season 2023-24. It is set to kick off on June 28, 2023, with Duleep Trophy, while the Ranji Trophy will start on January 5, 2024.