TATA IPL 2022 Facts: How IPL Franchise earn Huge Money, Sponsorship, Ticket Prize, Live Streaming, Advertisement, Title Sponsor| Check All

TATA IPL 2022 Facts: How IPL Franchise earn Huge Money, Sponsorship, Ticket Prize, Live Streaming, Advertisement, Title Sponsor| Check All

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21 Mar 2022
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IPL

TATA IPL 2022 Facts: How IPL Franchise earn Huge Money, Sponsorship, Ticket Prize, Live Streaming, Advertisement, Title Sponsor| Check All

IPL Facts The bugle of IPL 2022 is going to sound once again. IPL is going to start exactly after four days from today. Indian Premier League is also called Indian Paisa League by some people because these days IPL franchise owners earn in crores.

But what is their source of earning crores, if you are thinking that they can earn crores only by selling match tickets. There is income.

So it’s not like that at all. It can be said that match tickets are a very small part of the owner’s share of earnings.

Apart from this, know today 5 other main means of earning of franchise owners, through which their accounts are filled with crores.

Media Rights

Media Rights means that the channel which broadcasts that entire event of IPL means to cover. Only media rights are the main source of earning for BCCI and IPL.

For information, ln the year 2008, when the first IPL took place, then for the next 10 years, Set Max had signed a media rights deal for Rs 8200 crore.

That is, Set Max spent 820 crores annually for broadcasting IPL from the year 2008 to 2018.  According to the information, 40 per cent of this amount is given to the owners of the franchise.

Title Sponsorship

BCCI charges crores from the company for title sponsorship. It is known that BCCI keeps some part of this amount with itself and distributes the rest to the owners of the franchise.

Firstly, DLF had signed the IPL title sponsorship for 5 years, which was worth Rs 200 crores. Later Pepsi spent 240 crores for the title sponsorship of 3 years in IPL.

Also Read: TATA IPL 2022: Taskin Ahmed is likely replacement of Mark Wood for Lucknow Super Giants| Check his stats

In the year 2018, Vivo IPL gave the highest amount of Rs 2200 crore to BCCI to get the title sponsorship till the next five.

However, due to the India-China dispute, Vivo was removed from the sponsorship and in the year 2020, Dream11 signed the title sponsorship from BCCI for Rs 220 crore.

As we all know that the title sponsorship of IPL 2022 has been taken by Tata Group which is priced at 439.8 crores for 2022–2023.

Brand Sponsorship

Brand sponsorship is also the main source of earning in IPL. You must have often seen the logo of the brand printed on the t-shirts and lowers of the players playing the field.

The names of the brands are highlighted on the cricket ground, on the boundary borders, on the bodies, and on the stumps.  For which companies spend a lot of money.

Merchandise Sales

Merchandise Sales means such as players’ jerseys, caps, kits, by writing the name of their team, the franchise sells it online, which makes a good profit at a good price.

Prize Money

Which team wins in IPL?  Prize money is fixed for him. And it is known that half of it is given to the honours of the franchise.

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