IPL valuation increases by 6% to Rs 92,500 crore

The two new teams that will spend Rs 12,715 crore in 2021 look good to recover the costs as per the valuation report.

The Rs 7,090 crore spent to buy Lucknow Super Giants and the Rs 5,625 crore that Gujarat Titans spent to acquire the franchise seem like fair valuations just two years after their entry into the Indian Premier League. (IPL). D&P Advisory has come to this conclusion in its IPL Valuation Report, 2023.

IPL is the second most expensive sports competition after the National Football League.

The companies pay a small broadcast fee to the Board of Control for Cricket in India (BCCI) for each IPL match. This makes IPL the second most expensive sporting event after NFL. The broadcast fee for each match in the National Football League is $35.1 million, while that of the IPL is $14.4 million.

After this, the list includes English Premier League ($10.8 million), BCCI’s India International Games ($73 million), Germany’s Football Association Bundesliga ($38 million), America’s Major Baseball League ($10.8 million) and America’s National Football League ($10.8 million). Basketball Association ($21 million).