How does the IPL earn crores of rupees on the cricketers? Where does Adhddh... rupees come from, know the details

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Dt. 28 May 2023, Sunday

IPL matches provide cricket fans with complete entertainment for two months every season. As evening falls, everyone settles down with a TV screen. But have any of us ever wondered how much BCCI and IPL teams earn in each season of IPL? Let's understand it.

IPL 2023 is nearing completion now. Today, Gujarat Titans will face Chennai Super Kings in this final. You have often heard that BCCI earns crores every year by organizing IPL. But a question arises in the minds of many people that how much will the team that buys the IPL franchise after spending such a large amount of money benefit every year? Buying a team in IPL is beneficial for everyone. Let's know this revenue model of BCCI's IPL in detail today.

He was with Sony for 10 years when the IPL started in 2008

The biggest revenue source of BCCI and IPL teams is on telecast and digital ride. He was with Sony for 10 years when the IPL started in 2008. During that time, Sony got such a long-term contract for an amount of 8,200 crores and paid off all its debts. Currently BCCI has sold its media rights to Star Sports and Jio Cinemas for Rs 48,390 crore for five years from 2023 to 2027.

At present, BCCI keeps 30 percent of the money from the IPL

In which, if this amount is considered as one year, this amount comes to 9,678 crore rupees. And 30 percent of that amount is retained by BCCI while the remaining 70 percent is distributed among the IPL teams. During the year the IPL started, BCCI kept 50 percent of the money. And now there are 10 teams instead of eight. However, changes are coming in this way.

Title sponsorship is the second largest source of income for IPL teams

After this, the second biggest source of income for IPL teams is title sponsorship. This time the tournament is known as Tata IPL. In the early years of IPL it was known as DLF IPL. After that there was also Dream XI and Vivo IPL. And Tata Group spends Rs 670 crore to BCCI for one season. Apart from this, the BCCI earns a total of 1,124 crores per year due to Vivo leaving the contract midway. BCCI keeps this money while half is distributed among the IPL teams.

Advertisements after each over cost about 15 lakhs for every 10 seconds

The third major source of BCCI's revenue comes from TV advertisements. Apart from this BCCI also earns from kit sponsorship. The cost of advertising after each over is around 15 lakhs for every 10 seconds. Along with this, BCCI earns money from advertisements for everything from umpire's dress to players' clothes, helmets and other items. About 20 percent of the total revenue of the IPL is distributed among the teams.