IPL vs PSL in 2023: The Indian Premier League (IPL) is widely regarded as one of the most unique and unmatched cricket leagues in the world. The Board of Control for Cricket in India (BCCI) prohibits its players from participating in any other global T20 leagues. This is because the compensation offered to players for participating in the IPL is considerably higher than that of any other league.
In contrast, the Pakistan Super League (PSL) is a smaller franchise-level T20 league. It features a Platinum section that comprises the highest calibre of players, who earn a maximum amount of $170,000. Despite the difference in size and stature between the IPL and PSL, both leagues offer a platform for talented cricketers to showcase their skills and entertain fans worldwide.
The T20 movement has brought about a revolution in cricket, resulting in the emergence of two globally recognized leagues, namely the Indian Premier League (IPL) and the Pakistan Super League (PSL). These leagues have given a fresh and exciting look to cricket’s T20 format, which has been widely appreciated by fans. Moreover, the leagues have provided numerous young and talented cricketers with a platform to showcase their skills.
IPL Budget vs PSL 2023 Review
The IPL, which is held every summer, features 8 teams, namely Mumbai Indians, Chennai Super Kings, Delhi Capitals, Kolkata Knight Riders, Sunrisers Hyderabad, Royal Challengers Bangalore, Rajasthan Royals, Lucknow Super Giants, Gujarat Titans, and Kings XI Punjab.
The tournament takes place in various Indian stadiums or sometimes foreign locations and typically spans over two to three months. The number of teams participating in the tournament has varied since its inaugural season in 2008, with some teams being added and excluded.
After each team has played two home and away matches against each opponent, the top four teams in the points table proceed to the playoffs, where the winner is determined. The Indian Premier League has captured the imagination of cricket enthusiasts worldwide and is considered one of the most popular and exciting cricket tournaments in the world.
IPL vs PSL Budget in 2023: Review
Indian Premier League (IPL) was first introduced in 2008 with eight teams, each of which paid a fee to the Board of Control for Cricket in India (BCCI) for their participation. In the tournament’s inaugural season, the eight teams paid a total of $723.5 million to the BCCI for the privilege of participating. The franchise fee required by teams to participate in the tournament has varied from season to season, reflecting the IPL’s growing popularity.
In the previous season, each IPL franchise was allocated a purse of 3 crores, with a total allocation of 85 crores for the upcoming season. In contrast, the Pakistan Cricket Board (PCB) sold the rights to the five teams that participated in the inaugural season of the Pakistan Super League (PSL) for $90.45 million in 2015. In 2018, the rights to a new team, Multan Sultans, were purchased for $41.6 million for an eight-year term.
In terms of media coverage, the IPL is broadcast annually by almost 25 sports broadcasters worldwide, requiring a significant allocation of media rights. In contrast, the PSL has been broadcast annually by eight to ten sports networks.
Despite these differences, both the IPL and PSL have become popular and widely followed cricket tournaments globally, attracting enthusiastic audiences and talented cricketers alike.
Salary Comparison IPL vs PSL 2023
Highest Salary Of PSL 2023
|Rahmanullah Gurbaz||Afghanistan||Islamabad United||1,50,000$|
|Shadab Khan||Pakistan||Islamabad United||1,70,000$|
|Alex Hales||England||Islamabad United||1,70,000$|
|Haider Ali||Pakistan||Karachi Kings||1,70,000$|
|Matthew Wade||Australia||Karachi Kings||1,70,000$|
|Shaheen Afridi||Pakistan||Lahore Qalandars||1,70,000$|
|Fakhar Zaman||Pakistan||Lahore Qalandars||1,70,000$|
|Mohammad Rizwan||Pakistan||Multan Sultans||1,70,000$|
|David Miller||South Africa||Multan Sultans||1,70,000$|
|Joshua Little||Ireland||Multan Sultans||1,70,000$|
|Babar Azam||Pakistan||Peshawar Zalmi||1,70,000$|
|Bhanuka Rajapaksa||SriLanka||Peshawar Zalmi||1,70,000$|
|Rovman Powell||West Indies||Peshawar Zalmi||1,70,000$|
|Mohammad Nawaz||Pakistan||Quetta Gladiators||1,70,000$|
|Wanindu Hasaranga||SriLanka||Quetta Gladiators||1,70,000$|
|Naseem Shah||Pakistan||Quetta Gladiators||1,70,000$|
|Imran Tahir||South Africa||Karachi Kings||1,70,000$|
|Rashid Khan||Afghanistan||Lahore Qalandars||1,70,000$|
Salary Comparison Of Players: IPL vs PSL 2023
|PLAYER’s NAME||IPL BID AMOUNT||PSL DRAFT AMOUNT|