Indian Premier League is by far the biggest domestic cricket tournament in the world now into its 7th edition and growing in stature with every season. Today we are going to take a look at Prize Money which is awarded to teams and how much a team can generate in revenue over the course of 1 or several seasons in Indian Premier League. Lets Start with some important factors on how a a certain franchise makes money.

Revenue Sources for IPL Teams (Franchises)

TV broadcasting money

Current IPL broadcasting rights deals is with global broadcaster worth $1 Billion for the period of 10 years and 80% of the income from this goes to franchises equaly, while 10 percent goes to IPL and 10% goes to prize money and other stuff.

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IPL Sponsorships:

IPL is huge and every years many brands endorses IPL centraly, like for 2014 season we have Pespi as the leading sponsor of IPL. Major chunk of the money from sponsorship deals goes to franchises while rest is for IPL and prize money pool. Remember IPL sponsorship are different from what a franchise sponsorship where money goes to the franchise only.

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Ticket Sales Money/gate receipt

Now here is interesting figures, almost 80% of the tickets are sold by franchises themselves while other 20% is for IPL governing body. Tickets sales/gate reciepts are big chunk of a IPL franchise yearly revenue.

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IPL Prize Money:

small portion of IPL broadcasting rights money & IPL sponsorship money goes to prize money for every years tournament. it is described in more details below. The Total prize money is increased from 25 crore to 30 crore for 2014 season which is distributed among the top 4 teams in IPL where winners takes home Rs 30 crores.