Discover and read the best of Twitter Threads about #IPL

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IPL 2022 Moments Thread. A new tweet everyday, every game (starting 26th April). Anything that’s worth to know! Let’s keep the ball rolling! #IPL #CricketLive #TATAIPL2022
(25/04) @BhanukaRajapak3 had announced retirement in Jan 22’ & came out of it just after 10 days.

He can bat, bowl and even don the wickets as a keeper if the team needs!

Interestingly, he compares his batting style to the gr8 @gilly381 @PunjabKingsIPL #PBKSvCSK
(26/4) @josbuttler Runs this IPL - 491. @RCBTweets Top order (Faf + Rawat + Kohli) this IPL - 503.

Just 12 more than Jos combined!

Is Jos going to break @imVkohli’s record for most runs in an IPL season? #Kohli #RCBvRR #IPL2022
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A 🧵
A fantasy sport is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport and the person whose team performs the best wins a cash prize.
● What is their legal status in India?

Online games that involve the use of skill, such as skill-based online gaming, are permitted, while games of chance are prohibited under the Public Gambling Act.
● Let's talk about some numbers-

The industry is growing at a CAGR of 32% and is expected to be worth $3.7 billion by 2024.
Dream 11, which is the biggest Indian fantasy sports company has over 110 million active users every day.
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#Thread#IPL … The Big Boys’ Club

A note to remember: Not every party that picks the tender doc wants to bid. Many pick it up just to study the doc & understand what the business of cricket is going to be like over the next 5 yrs.

So, don't expect the unexpected. : )

2nd bit: As I've said before, this tender process is not about 'at what price you win'. It's about what 'at price you let go'.

This thread is about the ‘Big Boys’ who’ll participate in the rights tender.

In my last thread, I shared names. This time, we’ll delve deeper.

As you read this, just bear one factor in mind. This whole content game -- from TV & OTT perspective -- is quite a merry-go-round.

To drive content, you need finances; to drive finance, you need subscriptions; to drive subscription, you need content.

Get the point? : )

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The Invitation-To-Tender is out & the collective base price has been set at Rs 32,890 cr – which means, that’s where bidding will start from.

There are four packages.

Everybody’s surprised at this ‘humungous’ figure. You shouldn’t be.

BCCI has planned its next 5-yr IPL calendar as follows: 74 matches in 2023, 24 & 25; 84 matches in 2026; & 94 matches in 2027.

But in the ITT, BCCI has only listed 74 matches for all 5 years. Why? For easier calculation.

If matches increase, broadcaster pays pro-rata.

Like, for instance, Star bought IPL rights (2018-22) for Rs 16,347cr.

How was the figure arrived at? Star put a winning bid of Rs 54.5 cr/game for 300 matches (60 matches / yr for 5 yrs).

This year matches went up from 60 to 74. Star will pay extra for those 14 games.

Read 25 tweets
How do IPL Teams make Money?

Let’s find out!

A thread 🧵👇🏻

The Man behind IPL-

Lalit Modi (Then VP BCCI) was inspired by the model of English Premiere League & introduced Indian Premier League in 2008. In a country full of cricket enthusiasts, IPL didn’t take much time to get popular & got an amazing response from people.

Let’s dive into the IPL Economy-

The core of IPL's business model is the process of inviting private firms to own franchises. When the franchise rights are sold at lofty price, other firms see value in investing in the tournament, and that is where the money comes from!
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// Thread: Death bowling graphic #IPL

Yorker success : Based on % of yorkers nailed when attempted. Dial is based on league average.
Slower ball effectiveness: Based on RPO, speed differential, deviation and judgement
Slower ball variety: Ability to bowl different slower balls. ImageImage
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2022 has already turned out to be a great year for #IPL. It's been raining sponsorships.

For the first time in 15 years, IPL has sold all its sponsorship slots. Collectively, close to Rs 1000 cr has come in.

Saudi oil company Aramco has bagged rights to Orange & Purple Caps.

Aramco is paying Rs 65 cr / yr as part of the deal.

Last week, financial services company Rupay signed up to pay Rs 75 cr / yr for a two-yr-deal as official partner.

Last month, Swiggy had come in at around Rs 65 cr / yr.

Dream11, Unacademy, Cred & Upstox already on board.

Prior to that Tatas came in as title sponsors and replaced Vivo.


And to think of it, the media rights are yet to go on sale. When that happens, IPL will see a collective windfall of close to Rs 50,000 cr (approx US$6.3 billion).

Yep you heard that right.

Read 3 tweets
Thanks for the birthday wishes. : )

Here's a #Thread on #IPL.

Yesterday I shared the start & end date of IPL-2022. Must say I was a little surprised with some reverts. “74 games too many”, “1/6th of the year”, “Boring”, “jarring”, so on.

Really? Not quite. Let explain. (1/25)
Modern-day cricket, like any sport, has essentially stood on three pillars: 1) those who play it, 2) those who watch it, 3) those who administer & finance it.

The fourth pillar is of the thinking minds. Those who speak for the game and protect its identity & uniqueness. (2/25)
Here’s where I believe cricket has changed: The three pillars of the game I mentioned have steadfastly moved in one direction, at least the majority of them, for better or worse (that’s for another day).

And the fourth pillar has shown little interest in catching up. (3/25)
Read 26 tweets
Owners of Delhi Capitals 🏛️

• GMR Group 50%
• JSW Group 50%

Owners of Kolkata Knight Riders🏛️

• Red Chillies Entertainment 55%
• Mehta Group 45%

Read 10 tweets
#Thread : )

Was torn between two threads I’ve been wanting to do. One on Royal Challengers Bangalore (#RCB) and another on franchises in general who’ve time and again fallen behind in the race to catch up with some other leading teams.
But let me settle for RCB right now. (1/25)
Why RCB? Several reasons, but none more important than this: In 2016, when Diageo took control of RCB following Mallya’s exit, it became the only corporate-run franchise -- not owned by a family or consortium of families or a family-run business enterprise – in the #IPL. (2/25)
Now we have CVC Capital owning the Ahmedabad team. But until now, RCB was the only such entity.

There are positives and negatives to this.
Positives: To be run by management professionals alone; Negative: Risk of vision changing each time the management changed. (3/25)
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#Thread time!
The upcoming #IPL player auction is on everybody’s mind. Cricketers are busy giving interviews, franchises are busy preparing excel-sheets, geeks are busy doling out stats, media is busy building it for the fans & fans are busy lapping it all up. The works! (1/25)
Let’s take a look at two unique and most important ways a franchise tends to prepare for a player auction. A) Talent scouting; B) Mock auctions. We’ll look at this thread from the perspective of @mipaltan . Why? Because on both fronts, they were first to set this trend. (2/25)
John Wright, Robin Singh, Paras Mhambrey (moved to Team India now), Zaheer Khan, Kiran More, TA Sekar, Parthiv Patel, R Vinay Kumar -- a single factor binds all of them. They spend hundreds of hours every year scouring talents across India & abroad, for Mumbai Indians. (3/25)
Read 25 tweets
After getting hold of the #IPL auction list in excel, I’ve pulled a few interesting (if your a cricket and data geek) trends out of there. This thread will show you a few of these….
#IPLAuction #IPL2022MegaAuction
The average age of the players in the auction is 26yrs old. The youngest is 17 and oldest is 43. Extra geek points for naming them both… #IPLAuction #IPLAuction2022 #IPL2022
The next one is about the ‘specialism’ of the players: 38% ALR, 34% bowlers and only 17% batters. Are out and out batters a dying trend? #IPLAuction #IPLAuction2022 #IPL2022
Read 16 tweets
Why I think #IPL should go to SA…
#BCCI has said that as much as possible, they will try and host IPL-2022 in India, unless Covid forces a shift again. Their desperation to host it in India is understandable. After all, it is the ‘Indian’ Premier League. (1/25)
However, I’ll try and share my thoughts on why I don’t think IPL should be hosted in India this season either. Point No.1: If the IPL if once again forced to be played without crowds, then what is the single-most important priority? It must look good on television. Right? (2/25)
Only if crowds are allowed for matches does hosting of IPL in India make any sense. If it’s all about watching the tournament on TV, doesn’t matter whether it’s played in the UAE, Sri Lanka or South Africa – as long as it caters to India’s prime-time viewing. (3/25)
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😎 Lul! Jaane meri jaaneman.... 🤣
#IPL in India ? 🤔 OK 😁
Here is another video ⚡🔥
सीमा पार खड़े दुश्मन को जाटों ने ललकारा है!
Jat Balwan Jai bhagwan ! 😎
@Sandeep_Mave tweet this
Read 17 tweets
#Thread on #IPL franchise sponsorships.
Let's start with MI’s newest deal.

Bangalore-based fin-tech company ‘Slice’ – an app-based credit card challenger – has come on board as Mumbai Indians’ main jersey sponsor. Deal is being spoken of as highest in IPL's 15-yr history. (1/25)
Mumbai Indians have not shared the numbers in their press release but that’s not stopping the market from talking about it. The Slice deal is said to be close to Rs 100 cr for the next three years, which means Rs 30+ crore per IPL season, starting 2022. (2/25)
At the numbers I’m mentioning, the deal earns Mumbai Indians annual sponsorship revenues in excess of Rs 100 cr per season. And, further I’m told, there are bonus clauses in the sponsorship contract if the team wins. (3/25)
Read 25 tweets
Have been tracking franchise trends ahead of the upcoming mega auction. Looks like Shreyas Iyer is all set to become the most expensive player in #IPL ever.

Anything less than Rs 17 to 18 cr is going to be a steal.
This is not my take. This is how I see franchises planning it. Remember -- 3 teams are straight away looking for a captain.

What's the trend we're seeing: preference for India cricketer to lead. That'll push the price up. If it was just the player, not captain, he'd go for less.
This is the price David Warner would've fetched if he wasn't 35 going on 36. It'll be a 3-year contract & Warner will be 37 going on 38 by the end of it. That's the only reason why I see him going for a bit less.

Ishan is a star in the making. Of course he'll be a big buy too.
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It is the start of the new year & we’re all looking forward to something new. It’s a fresh beginning for #IPL too – new teams, probably last mega-auction, fresh media rights sale. It’s a good time to contemplate what the future holds for cricket! (1/25)
This is completely my POV, based on conversations with industry-heads, general thoughts, and learnings from past. What could cricket look like in a few years from now? And how will that change dynamics of the sport again? Let’s look at it through the lens of IPL. (2/25)
I don’t see the IPL expanding from 10 teams anytime soon. There needs to be regional balance in terms of the allocation of franchises & a market to back it. On that front, I see temporary saturation. Yes, northeast and central India make a case but that must wait for now. (3/25)
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Hello people. Thanks to Ramiz Raja’s statement on PCB planning #women’s #T20 league in PSL, it got me thinking if the idea is a possibility in #IPL. Remember, all this talk of a league makes no sense if it can’t financially sustain. Here’s a #Thread on the subject... (1/25)
Can there be an IPL for women in the near future? Will there be enough following? Can it financially sustain? Can a revenue-stream be created? Does women’s cricket have a story to tell? Has any model been given a thought? So many questions, but few answers. (2/25)
It’s a matter that keeps getting debated on and off, and why BCCI hasn’t done much about it yet. But for now, let’s leave BCCI out of this – they have enough to do already. Let’s independently try and understand this space. Remember – feedback is welcome. (3/25)
Read 26 tweets
Okay, here’s today’s #thread. It’s on the next cycle of #IPL broadcast rights.
We’ve been hearing a lot of people say IPL’s new media rights revenues will crash through the roof. Some said it’ll go past Rs 35k cr, will touch Rs 40k cr. How about dissecting these figures. (1/25)
Why will the IPL broadcast rights revenues touch these figures? Star India (now Disney) bought IPL rights at Rs 16,347 cr for 2018-2022 (5 yrs) cycle. Now, if we’re saying value will go past 35k cr, are we seeing everything double up? (2/25)
For instance, are number of TV or OTT subscribers going to double? Are subscribers going to pay double of what they’re paying right now? No! Then why is it that rights value will double up? Remember, presently we have 60 IPL matches. It’s not like they’ll become 120. : ) (3/25)
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#Thread #IPL #Franchises : )

In 2008, original eight franchises of IPL were sold for a collective Rs 2,900 crore. Just two new franchises today have gone at 4.3 times that value. These are huge comparisons, no doubt. But let’s adjust them for inflation. (1/13)
The value of the US$ in 2008 stood at 40 and today, it stands at 74. So, if adjusted for inflation, what would be the value of those 2008 investments if made today? Let’s take a look… and let the imagination run a bit wild. (2/13)
Mumbai Indians was bought in 2008 at approx. Rs 447.6 cr… Adjusted to inflation, in 2021, that cost would stand at Rs 828 cr.
RCB in 2008: Rs 446 cr; In 2021: Rs 827 cr.
Deccan Chargers (SRH now) in 2008: Rs 428 cr; In 2021: Rs 792 cr. (3/13)
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#Thread #RPSG #Lucknow #IPL

Hello! So much talk about RP-Sanjiv Goenka (RP-SG) Group’s IPL bid of Rs 7,090 cr for Lucknow. People extremely worried if they'll make money, like they’ve spent personal pocket-money on it. : )
But the question is an absolutely valid one... (1/24)
In this thread, we’ll try and see if we can find some answers. Rs 7,090 cr is indeed a huge number and what will it take for RP-SG to recover this, and by when. First of all: RP-SG will have to pay this amount to BCCI over 10 years in equal instalments. (2/24)
So, that’s Rs 709 cr per year. They will have to submit a bank guarantee to BCCI of Rs 709 cr which the cricket board will keep with themselves until the end of all 10 instalments. The instalments begin with the 2022 edition of the IPL, until 2031. (3/24)
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As I tweet this, the BCCI and CVC Capital, and their respective lawyers, are locked in a meeting in Dubai. There has been some serious discussion going on all day. As I said earlier, it’ll be a travesty if CVC are forced out of IPL. (1/22)
The Private Equity Company has close to 24 offices globally and they operate under the laws of that country. Similarly, in India, they’re bound by the law of the land here. CVC ticked all eligibility criteria before submitting the bid. (2/22)
BCCI, in its tender document had submitted a list of eligibility rules. The BCCI also went through checks to see if all bidders were meeting the eligibility criteria. I went through the documents to see what exactly is the eligibility criteria. Here’s a full list. (3/22)
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As promised, a #thread on how #IPL revenue system works from a franchise perspective. Feedback welcome.

Let’s start with original 8 franchises sold in 2008 – BCCI earned approx Rs 2900 crore from sale of those teams 14 yrs ago. Exchange rate of US dollar stood at Rs 40. (1/25)
MI was costliest at US$111.9m & Rajasthan Royals was cheapest at US$67m. As we'll see later in this thread, each franchise also have different spending models. Franchises like MI and CSK believe in spending on the best. Teams like RR and Punjab have other ideas. (2/25)
But let's keep franchise trends for later. Two years after the sale of initial franchises, BCCI sold two more franchises. Sahara Pune Warriors and Kochi Tuskers (both not playing now) went for collective Rs 3,230 crore. Now remember, both exited IPL for different reasons. (3/25)
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A short thread
In his interview with @manojladwa, (see link), India's Exernal Affairs Minister, @DrSJaishankar, when asked about the ongoing #SecondCOVIDWave crisis in India, acknowledged that it was a grave problem almost an "existential crisis". But then he tried..
to soften the impact on his NRI audience, he compared what India is going through to the second wave in Britain in 2020 late summer and autumn when the health services were swamped, "you've been through something similar, that is what India is going thru now"
This is not untrue, but grossly misleading. Yes Britain, at the height of the epidemic, was reporting 50k cases a day and 1,750 deaths. See chart 1. In population terms britain had far more cases and deaths (Chart 2) ImageImage
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