The IPL 2021 final will be held on May 30th at the Narendra Modi Cricket Stadium in Ahmedabad. The eight teams will compete in six cities: Mumbai, Chennai, Bengaluru, Ahmedabad, New Delhi, and Kolkata, with each team competing in four of the six. The top two teams will qualify for the final. The winner of the IPL tournament will take home $1 million (Rs 5.5 crores). Second place gets $500,000 (Rs 2.5 crores), while third prize is $300,000 (Rs 15 lakhs). Fourth place receives $200,000 (Rs 10 lakhs), and fifth place wins $100,000 (Rs 5 lakhs). The sixth place finisher will also receive $100,000 (Rs 5 lakhs). In addition to the cash prizes, the winners of the season will also take home a trophy named after the investor who funds the league. R.K. Khanna's family is responsible for funding the cricket tournament that bears their name. The inaugural IPL season was held in 2008, when the Bangalore Royal Challengers won the title. Since then, the tournament has become an annual event in Indian sports culture. The only other Indian sports championship that can compare to the IPL is the Indian Super League, which is a football league based in India. There are no other major cricket tournaments in India.