IPL-team owners money making strategy

How ipl team owners make money?

This is BCCI's primary wellspring of acquiring. Alternate wellsprings of salary are shared by BCCI and establishment groups in a particular proportion.

1.Media Rights

2.Sponsorships

3.Ticket Sales

4.Misc

Media Rights :

Sony marked an agreement with IPL to buy every one of the media rights for $1.02b for a multi year time frame consenting to pay $100m consistently. Presently, this income is isolated by the IPL groups and BCCI in a particular proportion which has changed over the timeframe.

In this way, for the initial 3 years BCCI got 20% and establishments got 80%(which is similarly separated among all establishments). Furthermore, over the most recent 4 years, BCCI got 40% leaving the staying for establishments.

sponcer ships

IPL has seen diverse title supports i.e. from DLF to Pepsi to Vivo and different patrons as well. On a normal IPL produces around $80-$100m consistently from sponsorships. This sum at first used to get separated in 60– 40 proportion by IPL and the groups, yet now it's 50– 50

Misc :

This incorporates :

Establishment Sponsorships

1.Prize Money

2.Merchandise Revenue

3.Hospitality Revenue

Different pay is by and large not imparted to IPL, but rather just the establishments keep it. Establishment sponsorships are the greatest supporter here