The IPL is the richest cricket tournament in the world, and they certainly one of the biggest sporting activities in global sports. The kind of revenues that are generated here are superior to many other leagues in the world.
On that note, let us have a look at the side of associated with the recently concluded finale that was played between Bengaluru and Gujarat at the famous Ahmedabad Stadium.
According to the latest developments, IPL winner, RCB will be getting ₹20 crore in prize money for winning the tournament this year. This might sound like a small number, considering that the IPL generates thousands of crore revenue but that’s the nature of the outcome and pay for now.
On the other hand, we have the case of Gujarat, which will be getting ₹13 crore in revenue distribution. Other teams that have qualified for the play-off should be receiving in the range of ₹7 crore each.
But the point of difference here is that the IPL is steadily losing momentum as the viewership is going down each year. If this does not get corrected in the near future, then there could be financial implications on the tournament.
The fact that other big teams like Chennai and Mumbai have not been successful in the recent times has resulted in reduced anticipation on the entire tournament.
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