Cricket South Africa (CSA) have confirmed that the inaugural edition of the SA20, which will commence next month, will have ‘the biggest prize pool in the history of South African franchise cricket.’ In an official release, CSA revealed that the total prize money for the inaugural SA20 edition is R70 million, which is approximately around 33 crore in Indian rupees.
Speaking of the same, SA20 commissioner Graeme Smith said that the prize money on offer is ‘a further indication of SA20’s ambitions to positively impact South African cricket.’
“We have worked hard to offer a rewarding and unprecedented incentive in the first season of Betway SA20. This is a first for South African cricket, we have never had this type of competitive incentive in our domestic cricket and it is a further indication of SA20’s ambitions to positively impact South African cricket,” Smith said.
The competition will have six teams, all backed by Indian Premier League (IPL) franchises. The tournament will kick-off on January 10 at Newlands, Cape Town, where MI Cape Town will go head-to-head against the Paarl Royals.
Rashid Khan, Jofra Archer, Jos Buttler, Liam Livingstone, Sam Curran and Moeen Ali are among the Tier 1 talents that’ll be partaking in the competition.