IPL: Forget 20 crores, the number 10 team in IPL also earns a lot
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Gets a share in BCCI’s revenue
The Indian Premier League has become the biggest franchise league in the world. The biggest reason behind this is the revenue received by BCCI. BCCI has a contractual revenue pool sharing pact with all its franchises. At the same time, the biggest source of income of BCCI is title sponsor, broadcasting rights, OTT streaming rights. Due to this the board gets a huge amount of thousands.
In such a situation, a large part of it is distributed among about 50 percent of all franchisees. However, some rules of distribution have been fixed. As the CSK team has become the champion in the 16th season, it will get a slightly higher share from the Central Revenue as compared to the rest of the teams. In this way, all the teams are given a share in the revenue based on their performance in the tournament. In this way, the teams which spend around Rs 100 crores in the IPL auction, would get much more revenue share than that which does not cause any loss to them.
The team gets separate sponsorship
Apart from BCCI’s revenue, all the different teams have their own brand sponsorship. The earnings from this go directly to the team’s account. No stake is given to the board in this. This accounts for about 30 percent of the team’s total earnings. For example, the title sponsor of Delhi Capitals is Royal Stag. Apart from this, logos of different companies are also displayed on the jerseys and helmets of the players, due to which the franchisee earns a lot.
merchandise and tickets
Apart from this, all the teams also earn from merchandise and tickets. Jerseys, caps and accessories are sold in merchandise. Apart from this, all the teams have their own home ground. In the match held there, a large part of the ticket sales goes to the team’s account. In such a situation, all the teams participating in the IPL, which do not win the final, also earn big money.
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