The Lanka Premier League is a T20 cricket tournament held in Sri Lanka. The inaugural season was initially scheduled to run from 18 August to 10 September 2018, but it was frequently rescheduled owing to management problems at Sri Lanka Cricket.
Despite the COVID-19 virus, Sri Lanka Cricket declared the competition would begin on August 28, 2020, with 70 foreign players expressing the intention to join the league in June 2020.
Due to pandemic-related limitations, the first season finally debuted on November 26, 2020, after being delayed numerous times. The Lanka Premier League (LPL) will hold its 3rd championship in 2022.
The Jaffna Stallions currently hold the title after defeating the Galle Gladiators by 53 runs in the final to win the inaugural season.
The LPL is compared to organizations like the IPL as a tournament. The competition generates a great amount of revenue for the Lanka Premier League. The revenue from ticket revenues and tv broadcasting licenses accounts for a considerable share of the total. A few important sponsors provide further financial help.
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LPL Prize Money 2022 Distribution
| Stage | Prize Money |
| Champion | $100,000 |
| Runners-up | $50,000 |
| Player of the Tournament | $10,000 |
| Fairplay Award | $2,500 |
| Player of the Final | $2,500 |
| Emerging Player of LPL | $2,000 |
In addition to the champions title, the winners will also receive $100,000 in prize money. The runners-up will receive $50,000. Throughout the tournament, a few further individual awards are granted. The Player of the Tournament will earn $10,000, while the Player of the Final will get $2500.
A team will get the Fairplay honor, which is worth $2,500 and is granted to an LPL newcomer. Rewards are also distributed throughout the competition. such as the best bowler, best batsman, and passion of cricket awards. After the games, these rewards are awarded.
LPL Money Matters
A total of 557 million people were exposed to the tournament’s debut season via TV, social media, & Traditional media.
| Franchise | Valuation |
| Colombo Kings | US$3.44 million |
| Dambulla Viiking | US$3.54 million |
| Galle Gladiators | US$3.82 million |
| Jaffna Stallions | US$3.98 million |
| Kandy Tuskers | US$3.19 million |
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