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How do IPL franchises make money?
How do IPL teams make money?
How do IPL sponsors make money?
How much money do IPL teams get from ticket revenue?
Apr 27, 2021 · How IPL teams make money? IPL teams generate a large percentage of their revenue through brand sponsorship. Franchises partner with brands and offer them visibility by endorsing their...
- The economics of IPL. BCCI collects massive revenues from broadcasters and Over-the-top (OTT) platforms by selling media rights. It deducts its share and a big chunk of its revenues are then shared with the IPL teams.
- Brand sponsorship. Apart from media revenue discussed above, IPL franchises generate a sizeable part of their revenue through brand sponsorships. Franchises tie-up with brands to offer visibility to the brand by endorsing their logos on their jerseys, headgear and team kits.
- Ticket sales. The global pandemic affected India’s biggest sporting gala in 2020 and 2021. However, it was back with a bang this year. Now that the stadiums are full of spectators again, a small portion of ticket sales will be offered to sponsors and the BCCI, the rest goes into the team’s wallet.
- Prize money. BCCI offers a colossal amount of prize money to the winning team. In 2018, IPL champion Chennai Super Kings took home ₹20 crore in prize money.
- Media Rights
- Ticket sales/gate Revenue
- Merchandising
- Selling Stake
- Sponsorship
- Prize Money
- Brand Value
- Unlisted Shares
- Conclusion
- FAQs
The official media sponsor of the IPL for the last decade was Sony India, and then Dream 11. The current title sponsor of IPL is TATA Group. Disney+Hotstar is declared as the official broadcaster of IPL 2022, which has further onboarded new sponsors, Zomato, Pristyn Care, Ather Energy, Parle Agro, Livspace, Niyo, Spotify, L'Oreal, Spinny, ahead of ...
The revenue generated from the sale of tickets for matches forms another major source of income for the IPL franchises. Each franchise is entitled to a minimum of 7 home matches, which gives them a fair opportunity to generate money. The ticket revenue share in the IPL team revenue is around 10%. The home team gets a fixed share of the total ticket...
The revenue received from sales of official IPL merchandise also forms a significant part of income for IPL teams. The IPL merchandise includes official jersey replicas, sports souvenirs, and sports equipment, among other things. Merchandising is a huge opportunity for IPL and the franchisees to monetize their brand, and IPL has started replicating...
The IPL franchises can make big gains by selling stakes at the right time. For example, Delhi Capitals, formerly the Delhi Daredevils case. Jindal Steel Works brought a 50% stake in the IPL franchise for a hefty price of INR 550 crore from GMR. The group has expressed its desire to increase its share in the franchise from 50 to 100%. So, within a d...
Everything within the stadium has a price tag, from players batting to the bails on the stamps. The sponsors are the real source of income in the Indian Premium League. All the teams of IPL have sponsors for everything: the main sponsor, a jersey sponsor, and even a sleeve sponsor, which hugely contributes to the overall income. The teams tie up wi...
Prize money is obviously one of the franchise's main income sources. The tournament's winning team gets the largest share of the prize money, which goes to the team owners and the players. In 2023, the winners got INR 20 crores, the runner-up got INR 13 crores, the third place in the playoffs was INR 7 crores, while the fourth place in the playoffs...
Brand value adds a lot to the team. If you have star players like Virat Kohliand MS Dhonior even Rohit Sharmain your team, you have a better chance of attracting brands and investors. Winning IPL or even making it to the Playoffs helps IPL franchises to boost their brand values. This, in turn, helps in easily getting brands on board – at prices tha...
It is worth noting that while it is a new phenomenon for Indian sports franchises, numerous European football franchises have been offering their pre-IPO stocksin cricket fans' lives for a while now. In India, Chennai Super Kings is among the select few sports franchises whose unlisted shares can be traded. These franchises have been able to genera...
Indian Premier League(IPL) is a money-making business and festival for cricket fans worldwide. Cricket fans around the world travel across seven countries and seven continents to watch IPL in India. All credit goes to the cricket league as it has created a bigger impact on cricket fans' lives. It's a money-making league where the money is generated...
What is the brand value of IPL 2023?
The brand value of IPL 2023 is $10.7 Billion.
How do IPL teams make money?
IPL teams make money primarily through sponsorships, broadcasting rights, ticket sales, merchandise, and team merchandise. They also generate revenue from franchise fees paid by team owners and endorsements.
What is IPL merchandise?
The IPL merchandise includes IPL and team t-shirts, key rings, jerseys, polo t-shirts, mobile covers, chargers, caps, joggers, coasters, wristbands and more.
Jun 24, 2022 · How does the IPL ecosystem make money? The revenue flow into the IPL ecosystem. When the IPL began in 2008, some of India Inc. and Bollywood’s biggest names spent a total of $723.59...
Feb 15, 2024 · The financial gains for IPL franchises extend beyond match-related revenue streams, including the substantial profits derived from the sale of team shares. A pertinent example is the case of Delhi Capitals, illustrating the transformative financial journey of IPL franchises.
- Board of Control for Cricket in India (BCCI)
- IPL (Indian Premier League)
- India
How do IPL team owners make money? Sponsorship Deals. Sponsorship deals are a crucial source of revenue for IPL franchises. The teams sign agreements with various brands, including apparel companies, beverage manufacturers, and mobile phone brands.
Jun 17, 2022 · Franchises get a guaranteed 40-50% revenue share (share of ₹48,000 crore for the next cycle) from IPL’s central contract revenue pool. The final winning team of the season walks home with the...
