How revenue is generated in IPL?
IPL teams receive a share of the television rights and sponsorship money, and around 10 to 15 percent of ticket sales. They can also generate their own revenue through lucrative shirt or other sponsorships.
Who gives franchise money in IPL?
IPL teams get a share of the
Broadcasting rights – Wikipedia
as well as sponsorship money, along with approximately 10 to 15 per cent of ticket sales. Meanwhile, franchisees earn most of their revenues from a central pool that constitutes 85-90 per cent of their revenues.
What are the benefits of IPL team owners?
The home team gets a fixed share of the total tickets sales and all IPL team owners earn money through the sale of tickets. The franchises then have complete rights on the income from gate tickets and passes. Just like any other major sports event, the IPL teams also depend largely on their fans for revenue.