What is IPL business model?
The business model of IPL revolves around Twenty20 Tournament format, Player Acquisition, Squad Composition, Salaries, Match Rules, Prize Money, Teams, Sponsorship, Brand Value, Broadcasting, and IPL Governing Council.
Does IPL contribute to GDP?
Significant rise in GDP: IPL has been contributing massive profits to the GDP of India. Huge scale branding, crazy fan support, and tremendous fan following worldwide have led to a constant rise in the GDP. As per KPMG’s survey report, the 60-day tournament yielded INR 11.5 billion(USD 182 million).
Is IPL becoming more of a business than a sport?
Involvement of team managers and some of the players in match fixing upto the level where SC has placed a ban on the teams and players is disappointing. IPL has become more of the business than improving the quality of cricket and source of enjoyment.
What is the importance of IPL in the Indian cricket?
IPL also gives great amount of money to BCCI which is used for empowerment of junior level cricket as well as women cricket. It has also helped in supporting former players of several sports. It gives India a home grown entertainment league like the ones in England and America.
Why IPL is bad for the game?
IPL has also caused many players to have a hectic schedule which has affected their performances in the international cricket. Involvement of team managers and some of the players in match fixing upto the level where SC has placed a ban on the teams and players is disappointing.
What is the history of the IPL?
It was founded by Lalit Modi, member of BCCI ( Board of Control for Cricket in India), scheduled over April and may of every year to curtail ICL (Indian Cricket League), which was not recognized by BCCI. IPL is the most attended cricket league of the world and ranked sixth among all the sports leagues, which shows the huge success of the league.