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      • The Indian Premier League (IPL) franchises more than doubled their revenues for the year ended March 2024, thanks to increased share from the leagues central revenue pool during IPL 2023. The collective earnings of the 10 teams surged, with significant profitability improvements driven by a new media rights deal and sponsorship agreements.
      economictimes.indiatimes.com/industry/media/entertainment/the-indian-double-league-power-play-revenues-of-top-ipl-franchises-rise-2x-in-fy24/articleshow/113104723.cms
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  2. Apr 26, 2022 · T he Indian Premier League has been a gold mine for investors. In 2009, a year after the franchise-owned cricket league launched, Forbes published its first (and only) valuations of the league’s...

    • Mike Ozanian
  3. Apr 27, 2021 · The truth is that the business model of the IPL does not wholly depend on ticket sales per match. That is how the IPL teams can buy players for millions and yet be profitable.

    • 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.
  4. Feb 15, 2024 · In conclusion, the IPL teams earn money through a smart blend of strategies that make the league more than just cricket. From selling broadcasting rights and merchandise to player endorsements and auctions, each avenue contributes to the financial success of the teams.

    • Board of Control for Cricket in India (BCCI)
    • IPL (Indian Premier League)
    • India
  5. Sep 5, 2024 · The Indian Premier League (IPL) franchises more than doubled their revenues for the year ended March 2024, with significant improvements in profitability, largely on the back of increased share from the league’s central revenue pool during IPL 2023. The 10 teams collectively received Rs 4,670 crore from the Board of Control for Cricket in ...

  6. Oct 27, 2021 · In the recently concluded bid, the Board of Control for Cricket in India (BCCI) that owns IPL made Rs 12,715 crore by selling just two teams. The average price tag of a team now stands at Rs 6,357 crore, a whopping 17-fold jump in just 13 years.

  7. Jun 24, 2022 · The story so far: The Indian Premier League (IPL) got richer by a whopping48,390.5 crore ($6.2 billion) last week by negotiating a broadcasting rights deal for the five-season cycle from...