Discover and read the best of Twitter Threads about #IPLMediaRights
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Who is the biggest beneficiary of the IPL Media Rights sale, the @BCCI or the Teams?
Let's find out in this thread-
Total Revenue- ₹48,390
From the broadcasting rights revenue-
🔸Franchises receive 40%, and
🔸the balance of 60% stays with the Board.
Let's find out in this thread-
Total Revenue- ₹48,390
From the broadcasting rights revenue-
🔸Franchises receive 40%, and
🔸the balance of 60% stays with the Board.
👉Take a look at the calculation-
🔸BCCI will receive ₹29,034 crores (60%*₹48,390).
🔸Balance ₹19,356 crores will be divided among each team in 5 years.
🔸So, The cumulative yearly earnings for the IPL Teams will be ₹3871.2 crores (₹19,356/5 Years).
🔸BCCI will receive ₹29,034 crores (60%*₹48,390).
🔸Balance ₹19,356 crores will be divided among each team in 5 years.
🔸So, The cumulative yearly earnings for the IPL Teams will be ₹3871.2 crores (₹19,356/5 Years).
🔸Hence, each Franchise will earn ₹387.12 crores per annum for the next 5 years starting in 2023, an increase of 138% from ₹163 crores last year.
🔸On top of that, each team qualifying in the Top 4 will get an additional 10% from the media rights revenue.
🔸On top of that, each team qualifying in the Top 4 will get an additional 10% from the media rights revenue.
#IPL #NFL
Laying bare some comparisons...
A short #Thread
After the recent #IPLMediaRights auction, the value of a single game touched US$15.1m (US$6.2b for a total of 410 games). That's Rs 118 cr per game (total of Rs 44,390 cr for 410.)
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Laying bare some comparisons...
A short #Thread
After the recent #IPLMediaRights auction, the value of a single game touched US$15.1m (US$6.2b for a total of 410 games). That's Rs 118 cr per game (total of Rs 44,390 cr for 410.)
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In doing so, the per-match value in IPL crossed the per-match value of the English Premier League (EPL). That bit is right. EPL per-match value at present exchange stands at US$11m.
At 380 games, that's a total of US$12b for a three-year rights cycle.
But fair enough.
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At 380 games, that's a total of US$12b for a three-year rights cycle.
But fair enough.
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However, the comparisons with NFL (at US$17m per game) are not correct. There are some calculation errors on the chart.
We have been making an enormous mistake in determining the value of the NFL rights from a per-match perspective.
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We have been making an enormous mistake in determining the value of the NFL rights from a per-match perspective.
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Something to ponder...
The money that's come in from sale of #IPLMediaRights and the sponsorships that'll come in over the next five years promise to take the overall central revenue pool of the Indian Premier League just beyond Rs 54,000 crore approx.
Just a broad figure.
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The money that's come in from sale of #IPLMediaRights and the sponsorships that'll come in over the next five years promise to take the overall central revenue pool of the Indian Premier League just beyond Rs 54,000 crore approx.
Just a broad figure.
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In the previous rights cycle -- that same value was around Rs 21,000 cr.
Around 24% of this figure (we'll take Rs 90 cr per season as avg) was set aside as player-purse / season.
That's approx 4500 cr for 5 yrs across 10 teams (Rs 450 cr / team).
Money reserved for players.
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Around 24% of this figure (we'll take Rs 90 cr per season as avg) was set aside as player-purse / season.
That's approx 4500 cr for 5 yrs across 10 teams (Rs 450 cr / team).
Money reserved for players.
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Now if the same percentage value has to be applied to the new commercias that are in place, then 24% of Rs 54,000 crore would mean an approximate Rs 12,500 cr.
(Although I believe that 24% should also go up). Anyway...
These are just broad back-of-the envelope figures.
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(Although I believe that 24% should also go up). Anyway...
These are just broad back-of-the envelope figures.
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For those who are confused about package system (specially package C) in #IPLMediaRights Auction.
(A Thread)
(A Thread)
#IPLMediaRights Were divided into 4 packages - A, B,C,D.
Package A: TV rights for entire season (Bought by star).
Package B: Digital rights for entire season( Bought by Viacom 18,jio subpart).
Package D: international coverage (Bought by Times internet).
Package C in detail👇
Package A: TV rights for entire season (Bought by star).
Package B: Digital rights for entire season( Bought by Viacom 18,jio subpart).
Package D: international coverage (Bought by Times internet).
Package C in detail👇
Package C(Masterclass): Non-exclusive digital rights for 18 match per season (Matches like Playoffs,finals,weekend match etc).This was bought by Viacom 18.
Non exclusive basically means that this 18 matches will be streamed by winner of package C along with package B winners.
Non exclusive basically means that this 18 matches will be streamed by winner of package C along with package B winners.
#IPLMediaRights
TOTAL VALUES
Package A: 23,575 cr (57.40 per match for 410 matches)
Package B: 20,500 cr (50 per match for 410 matches)
Package C: Rs 3,273 cr (33.24 cr per match for 98 matches)
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TOTAL VALUES
Package A: 23,575 cr (57.40 per match for 410 matches)
Package B: 20,500 cr (50 per match for 410 matches)
Package C: Rs 3,273 cr (33.24 cr per match for 98 matches)
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Package D:
Territory A: 0.3 cr for 410 matches; Territory B: 0.5 for 410 matches; Territory C: 0.65; Territory D: 0.5 cr; Territory E: 0.63
Total 48,0400 cr (at US6.2B -- At 77 or 78 to the dollar)
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Territory A: 0.3 cr for 410 matches; Territory B: 0.5 for 410 matches; Territory C: 0.65; Territory D: 0.5 cr; Territory E: 0.63
Total 48,0400 cr (at US6.2B -- At 77 or 78 to the dollar)
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Winners of Packages B & C can now challenge winners of D. But that will hardly count for anything
And even if that happens, we'll only know tomorrow at 11 am.
For today, the auction is done and more or less, the entire process has berm completed.
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And even if that happens, we'll only know tomorrow at 11 am.
For today, the auction is done and more or less, the entire process has berm completed.
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Dear @StarSportsIndia now that we are stuck with you for next 5 years, please do listen to feedback from us, please do get rid of the Cringe Commentary panel, never let Bollywood people commentate in IPL matches (Aamir Khan in IPL 2022 ruined the experience to underground level)
With due respect, Please don't let Sunil Gavaskar roam anywhere near Commentary box. Have professional commentators, that would resolve around 90% of our issues.
DON'T RELEASE CRINGE IPL THEME SONGS, we are happy to accept that you simply can't make IPL song, but not Cringe songs
DON'T RELEASE CRINGE IPL THEME SONGS, we are happy to accept that you simply can't make IPL song, but not Cringe songs
You SUCK beyond bearable, but we can't do anything. IPL is gonna be huge... around 5-6-7 months, onus on you to not ruin this for us and YOU SUCK🙏🏻
@StarSportsIndia #IPLMediaRights #IPL #starsports
@StarSportsIndia #IPLMediaRights #IPL #starsports
