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Apr 27, 2021 · Sponsorship revenues form around 20-30 per cent of revenue for the IPL teams. Besides, IPL franchises also get a share of ticket sales if they are the home team for a particular match. Team owners ...
Apr 26, 2022 · By contrast, over the past 13 years, the growth rate has been 10% for NFL team values (to $3.48 billion) and 16% for NBA team values (to $2.48 billion ). And the IPL’s most valuable franchise ...
- Mike Ozanian
- Media Rights. Media rights play a huge role in the Board of Control for Cricket in India’s (BCCI) financial game plan. In 2017, Star India made a colossal investment of 16,347 crores to snag the broadcasting rights for the Indian Premier League (IPL) for five years.
- Sponsorship. Sponsorship takes the spotlight as the absolute lifeline for Indian Premier League (IPL) franchises, constituting their most significant source of income.
- Merchandise Sales. Beyond match tickets and sponsorships, IPL franchises tap into the lucrative realm of merchandise sales to fortify their financial standing.
- Selling Stake (Revenue Sharing) The financial gains for IPL franchises extend beyond match-related revenue streams, including the substantial profits derived from the sale of team shares.
Apr 7, 2023 · However, the largest growth was witnessed by last-year’s runners-up Rajasthan Royals, who were up 78 per cent to $61.3 million. IPL's earnings from new teams: The IPL earned Rs 12,500 crore ($1.5 billion) from two new teams– Gujarat Titans and Lucknow Super Giants. RPSG group purchased the Lucknow franchisee for Rs 7,090 crore, while CVC ...
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- 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.
Dec 19, 2023 · The broadcast rights during that time valued each IPL match sold for about 7.4 million dollars on television and 6.4 million dollars for streaming. ... Leading IPL team Instagram profile India ...
May 24, 2023 · How IPL Teams Earn Money: The IPL 2023-27 media rights have earned INR 48,390 crores (digital+TV). Across five years of media rights, a total of 410 matches will be played where BCCI earns roughly INR 118 crore per match. 50 per cent of the total revenue from the IPL Broadcasting rights will be divided among the IPL teams.
