When India’s Premier League is concerned, it only goes from strength to strength. The latest figures revealed have shown that it now enjoys a surplus higher than Pakistan Cricket’s annual budget. According to the Board of Control for Cricket in India, the IPL tournament returned a surplus of more than ₹5,000 crore, underlining just how big of a financial juggernaut the tournament has transformed into in the realm of sport.
This surplus mirrors the tremendous profitability that IPL has yielded through media rights, sponsorships, and strong fan engagement. Media rights for the period 2023-2027 have already been bagged at ₹48,390 crore—almost double those bagged for the previous cycle. The brand value is such that it has propelled this league to become a very strong brand in itself, not only within cricket but also among world sports.
Pakistan Cricket’s annual budget is around 900 INR Crore
For comparison, the PCB’s annual budget is around ₹ 900 crore. Both reveal a colossal financial divide, hence establishing the supremacy of the IPL and the cash crunch of cricket boards of other nations including Pakistan. The big revenue has been pocketed by the IPL which will keep getting reinvested in Indian cricket so it’s going to work for infrastructure development, ‘grassroots’ programmes and holistic growth of the sport in India.
Its financial muscle helped it rope in top talents from across the globe; whopping player contracts provided a very lucrative platform for cricketers. This has had a flip side effect: the quality of cricket being played in the league is at a different level, furthering its global appeal.
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WCPL 2024 Match 4, GUY-W vs TKR-W Match Preview, Weather Report, Pitch Report, Predicted XI, Dream11 Team, and Live-Streaming Details
