The HBL Pakistan Super League 2020 will carry a total prize money of US$1 million, media reports announced.
The winners of the final on 22 March in the Gaddafi Stadium will receive a cheque of U$500 along with a brand new shiny trophy. The runner-up will be handed a cheque of US$200K.
In addition, a number of cash awards will also be distributed, including US$4,500 to each of the 34 players of the matches. Likewise, US$80K will be distributed to player of the tournament, the best batsman, best bowler and the Spirit of Cricket respectively.
For other match-related prizes like best catch, best run-out and most sixes, the remaining amount will be allocated.
The 34-match 32-day HBL Pakistan Super League 2020 will be the largest cricket event to be held in Pakistan and first since the 2008 Asia Cup of six teams.
Twelve years ago the United Arab Emirates and Hong Kong joined the then four Test Playing Countries in a 13-match tournament in Karachi and Lahore. At the National Stadium, Sri Lanka had defeated India by 100 runs in the final.
Pakistan had staged the 1987 and 1996 ICC Men’s Cricket World Cup prior to this tournament. Pakistan had hosted 10 matches at seven venues in 1987, whereas in 1996 16 matches were played at six venues.
Although a domestic competition, the six-team HBL Pakistan Super League will be played at four venues, with Karachi staging nine, Lahore 14, Rawalpindi 8 and Multan 3.
The opening match of the HBL Pakistan Super League 2020 is set to place at the National Stadium between defending champions Quetta Gladiators and two-time former winners Islamabad United, and will begin at 9 pm following a glamorous opening ceremony at 6:45pm