IPL is the top and richest cricket league in the world..!?
IPL is the top and richest cricket league in the world..!?
It is known that indian Premier League (IPL) is the most popular cricket league in the world. The standards in it.. the facilities...above all the contracts given to the players.. and the ultimate popularity. In this world of the same, a cash-rich league is nothing but IPL. Big Bash in countries like Australia, Caribbean Leagues in Caribbean Islands, pakistan Premier Leagues, Bangladesh, and sri lanka are all cricket leagues everywhere in the world. Finally in America. But none of these can be compared to IPL. At least not in the poor ones.
To the flag level in 15 years:
IPL started in 2008. Last season ended with 16 editions. But.. still had the same reception. Income value. The league has become much more powerful since then. Now if you say the value of IPL your eyes will go wide. The value of the league brand has risen to around Rs 26,432 crore (US$ 3.2 billion). American multinational independent investment bank financial services firm Houlihan Lokey has stated this.
Almost double in a year:
Compared to 2022, the value of IPL has almost doubled. Last year the league was valued at Rs 14,868 crore (US$ 1.8 billion). Now the growth rate has increased to 80 percent. The value of the league business also saw an 80 percent growth rate (from Rs 70,212 crore to Rs 1.27 lakh crore). This is because of broadcasting rights. Viacom18 Disney Star Corporation paid Rs 48390 crore for IPL media rights for five years between 2023-27. This increased the value. Compared to 2017, the annual growth rate of media rights by 2023 is almost 200 percent. 196 percent to be exact
The amount paid by the broadcaster for each match in the league. American National basketball Association (NBA) is more than english Premier League (EPL) Bundesliga. That means... The broadcaster is paying more for IPL matches than the globally popular football and basketball matches. Only the American National Football League (NFL) is ahead of the IPL.
The team brand value is high:
Chennai Super Kings is the most successful team in IPL. It has won five times including this year. Reached the final several times. With this, chennai Super King's brand value is around Rs.1751 crores. It is noteworthy that royal challengers Bangalore, who have not won the title so far, are second in terms of brand value (Rs. 1610 crores). Remarkably, Kohli's team pushed back mumbai Indians (Rs. 1569 crores) led by five-time champion Rohit Sharma. And rajasthan Royals is in the fourth position in terms of brand value (Rs. 991 crores).
It is known that indian Premier League (IPL) is the most popular cricket league in the world. The standards in it.. the facilities...above all the contracts given to the players.. and the ultimate popularity. In this world of the same, a cash-rich league is nothing but IPL. Big Bash in countries like Australia, Caribbean Leagues in Caribbean Islands, pakistan Premier Leagues, Bangladesh, and sri lanka are all cricket leagues everywhere in the world. Finally in America. But none of these can be compared to IPL. At least not in the poor ones.
To the flag level in 15 years:
IPL started in 2008. Last season ended with 16 editions. But.. still had the same reception. Income value. The league has become much more powerful since then. Now if you say the value of IPL your eyes will go wide. The value of the league brand has risen to around Rs 26,432 crore (US$ 3.2 billion). American multinational independent investment bank financial services firm Houlihan Lokey has stated this.
Almost double in a year:
Compared to 2022, the value of IPL has almost doubled. Last year the league was valued at Rs 14,868 crore (US$ 1.8 billion). Now the growth rate has increased to 80 percent. The value of the league business also saw an 80 percent growth rate (from Rs 70,212 crore to Rs 1.27 lakh crore). This is because of broadcasting rights. Viacom18 Disney Star Corporation paid Rs 48390 crore for IPL media rights for five years between 2023-27. This increased the value. Compared to 2017, the annual growth rate of media rights by 2023 is almost 200 percent. 196 percent to be exact
The amount paid by the broadcaster for each match in the league. American National basketball Association (NBA) is more than english Premier League (EPL) Bundesliga. That means... The broadcaster is paying more for IPL matches than the globally popular football and basketball matches. Only the American National Football League (NFL) is ahead of the IPL.
The team brand value is high:
Chennai Super Kings is the most successful team in IPL. It has won five times including this year. Reached the final several times. With this, chennai Super King's brand value is around Rs.1751 crores. It is noteworthy that royal challengers Bangalore, who have not won the title so far, are second in terms of brand value (Rs. 1610 crores). Remarkably, Kohli's team pushed back mumbai Indians (Rs. 1569 crores) led by five-time champion Rohit Sharma. And rajasthan Royals is in the fourth position in terms of brand value (Rs. 991 crores).