PSL 2020 to carry total prize money of $1 million, winning team will receive $500,000

Published February 18, 2020
HBL Pakistan Super League (PSL) 2020 will carry total prize money of $1 million. The winning team will receive a cheque for $500,000, the runner-up team will receive cheque for $200,000. — File Photo
HBL Pakistan Super League (PSL) 2020 will carry total prize money of $1 million. The winning team will receive a cheque for $500,000, the runner-up team will receive cheque for $200,000. — File Photo

HBL Pakistan Super League (PSL) 2020 will carry total prize money of $1 million, according to a press release issued on Tuesday.

The winning team of the tournament will receive a cheque for $500,000 along with the trophy while the runner-up team will receive a cheque for $200,000.

A cash prize of $4,500 will also be given to the player of the match in all 34 matches and another $80,000 will be distributed among the player of the tournament, best batsman, best bowler and Spirit of Cricket awardee.

Cash prizes will also be given for other achievements during the tournament such as best catch by a player, best run-out and the most number of sixes.

The PSL 2020 will be the first one in five seasons to be played entirely in the country. The matches will be played in four cities of the country — nine in Karachi, eight in Rawalpindi, three in Multan while 14 matches will be played in Lahore.

The opening ceremony of the PSL will be held on February 20 at the National Stadium, Karachi. The first match of the season will be played between defending champions Quetta Gladiators and two-time winners Islamabad United on the same day.

Opinion

Living in Karachi
19 Jan 2021

Living in Karachi

The poor often end up paying more than middle-income segments.

Editorial

Updated 19 Jan 2021

LNG contracts

It is important for industry to reconnect with the national grid and for gas to be allocated for more efficient uses.
19 Jan 2021

Murdered judges

THE continuous violence in Afghanistan has raised serious questions about the sustainability of the peace process, ...
19 Jan 2021

K2 feat

A TEAM of 10 Nepalese mountaineers made history over the weekend as they scaled the world’s second highest peak K2...
Updated 18 Jan 2021

More ignominy for PIA

Decades of mismanagement, nepotism and political opportunism were bound to take their toll.
18 Jan 2021

Agriculture woes

AGRICULTURE is the lifeline of Pakistan’s economy. It is a source of livelihood for two-thirds of the country’s...
18 Jan 2021

Internet access

AS the Covid-19 pandemic rages on, and shows few signs of dissipating, one of the many lessons policymakers should ...