The tenth edition of the Indian Premier League is underway and we are once again witnessing some thrilling drama on-field. However, when it comes to the Indian Premier League, there is more to the league than just cricket.

During the auctions, we have seen teams spending crores of rupees just to get the desired players. With the kind of money involved in the league, it is hard to ignore the financial aspect of the game.

Indian Premier League player auctions likely to be hit by economic dip | cricket | Hindustan Times

So, the big question remains to be, how do the IPL teams make money? Sponsors are the real source of income in the Indian Premier League.

How to Start a Conversation with a Stranger

Teams have sponsors for everything. There are the main sponsor, a jersey sponsor and even a sleeve sponsor which is their main source of income.

More than the teams, it is the BCCI that makes money from the media rights. Currently, Sony holds the broadcasting rights for IPL while Star has the online streaming rights. However, the teams have come up with separate shows like Knight club for KKR which are being shown separately.

Ben Stokes sets sights on IPL contract | Cricket | ESPN Cricinfo

Another major source of income for the IPL teams are tickets. Just like any other major sports event, the IPL teams also depend largely on their fans for revenue.

It is one of the most watched leagues across the world with full houses on most occasions. Since each team has 7 home games, they have a fair opportunity to generate money.

Shah Rukh Khan's KKR only consistent IPL performer in making money, revenue grew 30% in FY15 - The Economic Times

Brand value adds a lot for the team. If you have star players like Virat Kohli , MS Dhoni or AB de Villiers in your team, you have a better chance of attracting the brands and investors.

Similarly, Bollywood stars like Shah Rukh Khan and Preity Zinta also add a lot in that aspect along with business leaders like Keshav Bansal and Neeta Ambani.

However, it is certainly a medium to generate revenue for the winners as well as runners up. If a team does well over a period of time, it is likely to make good money from prize money. Manas Tiwari New Delhi Published: April 12, International Yoga Day The Express Group The Indian Express The Financial Express Loksatta Jansatta inUth Ramnath Goenka Awards. Privacy Policy Advertise with Us Contact Us Feedback.