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.
+
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.
+
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.
+
If divided across 10 teams over five years, that's Rs 1250 crore for each team and Rs 250 crore per year.
That should technically be the salary purse per franchise starting with the 2023 edition of #IPL
Now, a futuristic question is: Does talent match the purse? 🙂
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That should technically be the salary purse per franchise starting with the 2023 edition of #IPL
Now, a futuristic question is: Does talent match the purse? 🙂
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