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How Do IPL Team Owners Make Money | IPL Business Model 2020
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About IPL:- The Indian Premier League (IPL) is a professional Twenty20 cricket league in India contested during April and May of every year by 8 teams representing 8 cities of India. The league was founded by the Board of Control for Cricket in India (BCCI) in 2008, and is regarded as the brainchild of Lalit Modi, the founder and former commissioner of the league. IPL has an exclusive window in ICC Future Tours Programme.

The IPL is the most-attended cricket league in the world and in 2014 ranked sixth by average attendance among all sports leagues.[6] In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube.The brand value of IPL in 2018 was US$6.3 billion, according to Duff & Phelps.According to BCCI, the 2015 IPL season contributed ₹11.5 billion (US$182 million) to the GDP of the Indian economy.

There have been eleven seasons of the IPL tournament. The current IPL title holders are the Chennai Super Kings, who won the 2018 season.
On 13 September 2007, the BCCI announced the launch of a franchise-based Twenty20 cricket competition called Indian Premier League whose first season was slated to start in April 2008, in a "high-profile ceremony" in New Delhi. BCCI vice-president Lalit Modi, said to be the mastermind behind the idea of IPL, spelled out the details of the tournament including its format, the prize money, franchise revenue system and squad composition rules. It was also revealed that the IPL would be run by a seven-man governing council composed of former India players and BCCI officials, and that the top two teams of the IPL would qualify for that year's Champions League Twenty20. Modi also clarified that they had been working on the idea for two years and that IPL was not started as a "knee-jerk reaction" to the ICL. The league's format was similar to that of the Premier League of England and the NBA in the United States.
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In this video I have explained how IPL makes money and how its distributed between the Organisers and Franchises.
IPL Business Model.
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Queries Solved:
1) IPL Business Model
2) Earning of IPL Teams (How IPL Teams Make Money)
3) How BCCI Earns Money from IPL 2019
4) Truth behind IPL & Cricket in INDIA
5) Star INDIA & Set Max (Sony) Media Rights Amount
6) How much VIVO is giving to IPL for Title Sponsor ?
7) IPL 2019 Exposed in Hindi
8) Income of IPL Members per Year from Cricket
9) How IPL Franchise Makes Money ?
10) How BCCI earns from VIVO/DLF/Pepsi IPL
11) T20 Cricket IPL Profit & Loss Details in HINDI
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Prize Money:-
The 2015 season of the IPL offered a total prize money of ₹40 crore (US$5.6 million), with the winning team netting ₹15 crore (US$2.1 million). The first and second runners up received 10 and 7.5 crores, respectively, with the fourth placed team also winning 7.5 crores. The others teams are not awarded any prize money. The IPL rules mandate that half of the prize money must be distributed among the players.
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