The Indian Premier League is massive. It’s one of the biggest cricket tournaments out there. Team owners like Preity Zinta and Pramod Mishra, plus the Board of Control for Cricket in India, spend big bucks on it. That’s what makes the IPL more than just a tournament – it’s a business model. The amount of money spent is huge, but the revenue generated is even bigger.
Put together a whole team, and you’re talking serious cash. Owners spend crores of rupees on players. Then there’s the coaching staff and support team, who also get paid a pretty penny. This season, Rishabh Pant was the most expensive player, bought by the Lucknow Super Giants for 27 crores. That gives you an idea of just how much IPL team owners spend.
So, how do these owners make their money back? It’s from ticket sales, sponsorships, and media rights. Reports say about 80% of ticket sales go straight to the team owners. Let’s break it down. Say a stadium like the one in Ahmedabad has a capacity of 132,000 people. If 100,000 people show up for a match, with tickets priced around 3,000 rupees each, that’s a 30-crore business from just one match. And 80% of that goes to the team owners.
Revenue Streams
Team owners make money from:
- Match ticket sales: 80% of the revenue goes to the team owners
- Sponsorships: big brands partner with teams for a fee
- Media rights: TV and streaming deals bring in massive amounts of cash
It’s no wonder the IPL is such a big deal. The numbers are staggering, and it’s what makes this tournament so attractive to team owners and players alike.