Knowledge: How much do owners lose if they lose an IPL match? trace

Indian Premier League (IPL) is the world's biggest and famous T20 cricket league. Behind every team involved is a millionaire owner. Every match in IPL is very important and losing a match is a big blow not only for the team but also for the owners, but the question is, how much money do the owners lose by losing the match? Let's find out.

Where does IPL money come from?

IPL money comes from multiple sources including media rights, sponsorships, ticket sales and merchandise. In fact, a good amount of money is fetched in the auction of television and digital rights of any IPL match. Additionally, various companies sponsor IPL teams and matches, thereby increasing revenues. Apart from this, income is also generated by selling tickets of matches held in the stadium and selling team jerseys, bats, balls etc.

How much do owners lose if they lose a match in IPL?

If they lose even one match in IPL, its owners may suffer a loss of crores of rupees. In fact, to build a team, its owner buys each player for crores of rupees. Apart from this, huge expenditure is also incurred on branding and match planning. In such a situation, if a team loses even one match, its owner suffers a huge loss. Let's find out how.

What effect does losing a match have on the owner of that team?

The victory and defeat in every match affects the team's brand and its sponsors. If a team is losing continuously then its brand image gets affected. This has a direct impact on the deals of sponsors and brand ambassadors. Brands are usually excited to be associated with a team that is performing well.

With sponsors in mind, the team's continued defeats could threaten their partnership. For example, a team's sponsorship costs may decrease after losing a match. If a team loses 6-7 out of 10-12 matches, team owners may lose money from sponsors, which can run into crores of rupees. Apart from this, less number of spectators come to the stadium to watch the team which is continuously losing the matches, which may affect the ticket sales. Also, the team's defeat affects not only the performance of the match but also the earnings from it. Keeping this in mind, if the attendance decreases after losing the match, then the team owners may suffer a loss of up to Rs 5-10 lakh. Owners may also be troubled by the fact that if the team performs well, they may get a huge amount (about Rs 10-20 crore) as winnings, but if the team is continuously losing then this amount gets reduced. Is.

How much do owners lose if they lose a match?

It is difficult for owners of IPL teams to estimate how much loss they will incur after losing a match, as it depends on many factors. But if we talk on the basis of general estimate, after losing the match, the owners may suffer a loss of Rs 2 crore to Rs 10 crore, which is related to sponsorship, ticket sales, media coverage and bonus.