That's pathetic prize money by the PCB.
They should have learned their lesson by now if you pay the players enough no one would have to go down the path of fixing. This is the priemer domestic T20 cup. I think the winning team should get at least 1 crore (especially when EACH player got that amount for winning the CT)! WTH is 2 million rupees=~20,000 USD. 15 member squad with coaches and other staff, that doesn't even equate to $1000 per person.
Price money is perfect, actually price money hardly goes to players. What is important is match fee & guarantee money, revenue share, sponsorship share, gate money share etc - together all goes as a one time contract fee for tournament. Total price money is probably around 3.5mn - mak it 10 times - 3.5 crore, still the amount won't be distributed to every player.
Calculate it other way -
8 teams, 120 players - in 4 Category for the tournament contract - A, B, C, D> 30 each, with a tournament fee (that's for participating, regardless of match play) say 400K, 300K, 200K, 100K, that's
= 120 X (30 (400000+ 300000+ 200000 + 100000) = 30,000,000
Total 31 matches (28 + 2 + 1), 22 playing 8 on reserve.
Match fee say 10K/match for starters, 5K for bench. Double it for SF, quadruple in Final. For MoM 25K, 50K & 100K
= 28 X (22 X 10000 + 8 X 5000) = 7,280,000
+ 2 X (22 X 20000 + 8 X 10000) = 1,040,000
+ 1 X (22 X 40000 + 8 X 20000) = 1,040,000
MoM = 28 X 25000 + 2 X 50000 + 1 X 100000 = 900,000
Total = 30.00mn + 7.28mn + 1.04mn + 1.04mn + 0.90mn = 40.26mn (char crore, do lac, shaat hazzar ..)
after that, put 1 Rupee coin for the price money of the Final, still players will give 200%. There are several Brands who'll be happy to sponsor that <$0.40mn US, if it's marketed properly.
These price monies are bluffs, to fool people - someone is sucking the all the creams between the bread.