The Indian Premier League (IPL) is arguably the biggest cricket tournament among the other domestic T20 leagues in the world. It started a year after the inaugural T20 World Cup in South Africa and the competition has been the fan-favourite since its debut.
In the recently conducted IPL Media Rights Auction, the tournament saw a transaction of INR 48390 crore that made IPL the second-costliest per match league in the world.
It was evident that IPL has always been superior to the international circuit in monetary terms but following the recently concluded media rights auction, the cash-rich Indian league has gone beyond reach. Here is the comparison of the different financial aspects of IPL and International Cricket.
Player Salary:
Rohit Sharma is the captain of the Indian team and the captain of Mumbai Indians (MI). He was paid INR 16 crore for IPL 2022, whereas BCCI pays him INR 7 crore per year for his services in international matches.
Virat Kohli plays for Royal Challengers Bangalore (RCB) in IPL. He was paid INR 15 crore for IPL 2022 and BCCI pays him INR 7 crore annually as salary.
David Warner, who played for Delhi Capitals in IPL was paid INR 6.25 crore and Cricket Australia pays him INR 1.9 crore annually.
Title Rights:
TATA acquired the title rights for IPL in 2022 for INR 6700 crore for two years.
Paytm holds the title rights for India’s home series and paid BCCI INR 327 crore for the 2019-23 cycle.
Media Rights:
Disney Star bagged the TV rights of IPL for the 2023-27 cycle for INR 23575 crore.
The media conglomerate also owns the media rights for India’s home fixtures as they paid INR 6138 crore for the five-year deal.
Number of Sponsors:
IPL 2022 had a total of nine sponsors –
- TATA as title sponsor.
- Unacademy as primary sponsor.
- CRED as primary sponsor.
- Upstox as primary sponsor.
- RuPay as primary sponsor.
- Swiggy Instamart as official on-ground partner.
- Aramco as Orange and Purple Cap sponsor.
- Paytm as official umpire partner.
- CEAT as strategic timeout partner.
BCCI currently has six sponsors –