How do IPL franchise get money?

How do IPL franchise get money?

It is because IPL teams generate a large percentage of their revenue through brand sponsorship. Around 20-30 percent of the IPL teams’ revenue is from Sponsorship. Team owners fix the ticket price and if an IPL franchise the home team for a particular match they also get ticket shares.

Is IPL real?

Yeah it is fixed actually whoever writes the script should get a OSCAR. Whenever it is one sided match, it is fixed. Whenever there is close match and one team wins in close thriller match, you say it is fixed. If you have decided it is fixed, you will find an error in every match because your perspective is different.

What is the source of income of IPL team franchise?

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There are many ways for earn money for franchise from the IPL team. Here is details of source of income of IPL Team Franchise. (1) Franchise sells the team to many companies for ad and promotion. All players do the ad for many company without take any money for the franchise. The money wich is paid by companies for ad goes to franchise.

Why does IPL want more matches from 2011?

Match fixing is main source of earn money for IPL team franchise. 70\% of earning comes from match fixing. The play on playground is not real in IPL. This is only drama for making more money from ad and ticket. This is why that IPL wants more match from 2011.

What is the business model of IPL?

The core of IPL’s business model is the idea of inviting private firms to own franchises. When the franchise rights are sold at soaring prices, investing firms saw the value of investing in IPL. By selling off the franchise rights IPL was able to create money.

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How is the prize money distributed in IPL?

The hefty prize money is distributed between the owners and the players of the winning team. Around 50 percent of the prize amount must go to the players. The IPL teams also sell merchandise like T-shirts, caps, kits and wristwatches of all teams which can also be a form of revenue.