Tag: Punjab Kings

IPL Team earnings - FY2024

The Business Behind the IPL: Sponsorships, Revenues, and the Rise of Cricket Economics (FY24 Deep Dive)

When it comes to sporting events that blur the lines between entertainment and economics, the Indian Premier League (IPL) stands unmatched. With rising valuations, blockbuster team acquisitions, and lucrative brand deals, the 2024 financial snapshot of IPL teams reveals an evolving commercial ecosystem fueled by aggressive sponsorships and central revenue rights. Sponsorship Income: Who’s Winning…

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Categories: Reports
IPL teams' revenue in FY23. Overall, IPL teams earned 7307 crores (on average) in the financial year 2023. However, IPL teams income is still not at par with their pre-covid earnings. On average, the FY23 revenues are 23% lower than the FY19 revenues.

How much money do IPL teams make?

If cricket is a religion in India, Indian Premier League (IPL) is an important festival for its followers. This Twenty20 cricket league is organised annually where 10 Indian city-based teams compete for the winner’s trophy.  In December 2022, consulting firm D and P Advisory estimated IPL’s valuation at $10.9 billion. Like any festival, IPL too…

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Categories: Research