The Indian Premier League (IPL) brand valuation until the 2015-16 year stood at $4.5 billion (approximately Rs 27,000 crore)
Indian Premier League is the festival for the Indian fans, IPL is most awaited tournament in the India and fans witnessed the great cricket from the best cricketers all around the world.
This year two top teams banned due to Spot fixing scandal of 2013, CSK and RR and it was expected that this time IPL may not get that much popularity as before but it doesn’t make change more.
Board of Control for Cricket (BCCI) in India the 2015 IPL Season contributed US$182 million which is around 1,215 Crore INR ₹ to the GDP of the Indian economy.
(Indian Premier League) IPL Net Worth 2016
Don’t be Surprised as we present you the Information about the IPL Net Worth 2016 which is the richest Cricket League of the World.
BCCI Annual Report 2015-16 States that IPL’s Brand valuation is estimated around $4.5 billion which is 27,000 crores ₹ INR.
Talking about the Statistics and how is the IPL Viewership dominance in India a recent survey of 2016 IPL tournament say that the League was watched by 52% of Indian households taking the tournament viewership to 361 million viewers.
How IPL makes money ?
- The IPL brand valuation was done by the appraisal firm Duff & Phelps.
- Television impressions rating calculations as per Broadcast Audience Research Council of India states that IPL 2016 Season had 102 crores turnover.
- IPL 2015 Season helped Indian economy gain Rs 1,150 crore, more than 0.6 % of the country’s GDP.” As per the report by management consultancy firm KPMG.
- At the moment for the IPL Official Broadcasting rights the two television Giants Sony Pictures Network India (SPNI) and Star Sports Network to confront and spend above $4 billion for official broadcasting Rights.
- After the 2017 IPL Season, the Official Broadcasting contract of Sony Pictures Network India ends as they can now fight for the Official TV Rights and can Bid against the Broadcasting rivals Star Sports in the Broadcasting Auction.
- 20% of the Overall revenue every year is generated by its Official title sponsors who pays around INR 100 crore ₹ to the BCCI.