IPL Teams Price Cost Value Earning Expenses Revenue In Rupee. One of the most awaited leagues is back with a bang. It’s the 10th edition of the league, with people extremely excited to see some action on Indian pitches. Ipl teams are owned by the top businessmen, and celebrities, of the country India. Such a lucrative business it is to invest and run for as a team in Ipl that everyone wants to own some rights in these franchises at least.
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If we look at the IPL teams price cost value earning expenses revenue in rupee, we can realise its real value.
IPL Teams Valuation
The team either have a sole owner or are jointly owned by 2 or more than 2 owners. The major revenue earning of the team comes from the sponsors of the tournament such as ‘Yes Bank’ and ‘Vivo.’ The amount received from these sponsors by BCCI is equally distributed among all franchise owners. This is a guaranteed amount that each franchise owner receives. Another huge chunk of the revenue comes from the broadcasters’ right.
These too are equally distributed among franchise owners. Apart from this, every franchise team has their own sponsors who pay a hefty amount to team franchise owners. In return, all they have to do is promote their brands, by their players and jerseys. The ticket price is also a revenue generating source for the team owners.
The cost value of the team includes a mighty amount of cost that needs to be paid in order to purchase the team, which ranges up to as big as an amount of 1 billion. Other than this no considerable costs are allocated with Ipl teams. However, there is a strict regulatory check on the earning of these teams and in case needed a statement of winning of players and team also need to be provided.