HOW IPLTEAM OWNERS MAKE MONEY

Franchise fee: IPL team owners pay a franchise fee to the BCCI (Board of Control for Cricket in India) to buy the rights to operate a team in the IPL. This fee can range from a few million dollars to over $100 million depending on the team's popularity and success.

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Sponsorship and advertising: IPL teams attract a lot of attention and media coverage, which makes them an attractive platform for advertisers and sponsors. Team owners can generate revenue by selling advertising space on team jerseys, helmets, and other merchandise.

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Merchandise sales: IPL teams also sell a lot of merchandise, including team jerseys, hats, and other accessories. Team owners can generate revenue by selling these items to fans.

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Ticket sales: IPL teams make a significant amount of revenue from ticket sales. Team owners can generate revenue by selling tickets for matches to fans.

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Prize money: IPL teams that perform well in the tournament can earn a share of the prize money. The winning team receives a significant portion of the total prize pool, which can be in the millions of dollars.

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