IPL Franchise Revenue source

Indian Premier League (IPL) franchises earn money through various means such as:

Sponsorship Deals: IPL teams earn a significant portion of their revenue through sponsorships. They have a range of sponsors including title sponsors, kit sponsors, and other official partners who pay to have their brand associated with the team.

Broadcasting Rights: The broadcasting rights for the IPL matches are sold to media companies for huge amounts of money. The franchises get a share of the revenue earned from the broadcasting rights.

Ticket Sales: IPL teams earn a percentage of the revenue generated from ticket sales. This is a significant source of revenue, especially for the teams that have a large fan base.

Merchandising: IPL teams sell a range of merchandise such as team jerseys, caps, and other items with the team’s logo or brand. This is another source of revenue for the franchises.

Player Auctions: IPL teams also earn money by buying and selling players at player auctions. They can make a profit by selling players for a higher price than they bought them for.

Prize Money: IPL teams also earn prize money for their performance in the tournament. The winning team receives a significant amount of prize money.

Overall, IPL franchises earn money through a combination of these sources, and the more successful a team is, the more revenue it is likely to generate.