THE FIGURE OF IPL

Posted by Codeanswer | 12:33 AM | | 0 comments »

1 TV rights of $1.026 billion for 10 years from Sony-World Sports Group (WSG).
2 Team franchises: $726 million for 10 years Teams: 8, to grow to 12 soon
3 Matches in inaugural season (from April 18, 2008): 59 comprising 7 home and 7
away matches for each of 8 teams, 2 semifinals and a final (to be played in
Mumbai)
4 Prize money: 16% of TV revenues, with winner taking purse of $4 million (about
Rs 16 crores)
5 Venues: 8 cities
6 Franchisees: 8 who will get 64% of TV revenues to begin with, share becoming
less as teams are added and tapering down over the 10 years of the contract
7 Players: Up to 130 players, including 32 from a foreign pool of 84 IPL contracted
cricketers, are likely to get sums ranging from $1 million to a minimum
8 Every squad of 16 must have a minimum of four Indian and four under-21
players, with no more than four international players allowed in any one game.
9 Four "iconic" players - Tendulkar, Rahul Dravid (Bangalore), Sourav Ganguly
(Kolkata) and Yuvraj Singh (Chandigarh) - cannot be traded for three years and
they will be paid 10% more than other team members.

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