The Premier Soccer League called a press conference yesterday, announcing that the Absa Premiership prize money for the new season has risen to almost R40m.
Read: Breaking - Chiefs Confirm New Signing!
For more than a decade the winner of South Africa's top-flight has walked home with R10m for their efforts, but in 2019/20 – for the first time ever – they will pick up a hefty R15m pay cheque if they finish on top of the table.
It's a 50% increase in prize money for the table-toppers, although everyone in the league will end up with more money after the overall prize money for the 16 teams rose by R10.4m to a grand total of R39.9m split between them.
A statement on the club's official website read, "The Premier Soccer League have announced a massive increase in the prize-money for the Absa Premiership in the coming season with the winners to pocket 50 percent more in the form of the R15-million pay-day."
Read: Chiefs Give Khune Update, What Now?
The news will give an added incentive for those wishing to get their hands on the top prize, with reigning champions, Mamelodi Sundowns, no doubt eager to retain the title for the third successive year.
Even the team finishing bottom of the table will receive nearly half a million rand as they head down into the National First Division, while finishing inside the top eight guarantees you at least R1.2m ahead of the season that follows.
Full Absa Premiership prize money for 2019/20:
1st - R15-million
2nd - R7.5-million
3rd - R3.75-million
4th - R2.5-million
5th - R1.8-million
6th - R1.56-million
7th - R1.32-million
8th - R1.2-million
9th - R885 000
10th - R825 000
11th - R750 000
12th - R690 000
13th - R620 000
14th - R565 000
15th - R495 000
16th - R440 000
