These players had contracts ranging from ₹20 lakh to nearly ₹10 crore (Krishnappa Gowtham). However, there are around 700 others, who don’t have IPL contracts and make anything between ₹10 lakh to ₹20 lakh in a full domestic season with maximum earnings coming from Ranji Trophy where they get a match fee of ₹1.40 lakh.

The Board for Control of Cricket in India (BCCI) continues to be the world’s richest cricket governing body and it was worth a whopping Rs 14,489.80 crore at per its balance sheet for the year 2018-19. The second biggest source of income during the period for BCCI came from media rights of the Indian cricket team.

It is estimated that the net worth of BCCI is around $ 2 Billion which roughly translates to Rs. 14680 Crores. The operating income of BCCI is around Rs. 3,900 Crore.

The franchises will then have to give BCCI about 20% of their total revenue at the end of the series….Indian Premier League (IPL)

Ravi Shastri’s main source of income is his salary. The former cricketer is the highest-paid cricket coach in the world as he rakes in ₹9.5 crore to ₹10 crore from the BCCI, as per a leading national daily.

While Star India will pay Rs 3,269.5 crore to the BCCI for broadcasting rights, it will earn Rs 440 crore from Vivo as title sponsor along with Rs 220 crore from the five official sponsors, and another Rs 60 crore from umpire and strategic time-out sponsorship.

After successful hosting of IPL 2020, which culminated earlier this month in the UAE, Board of Cricket Control of India (BCCI) has revealed it has earned Rs 4,000 crore in revenue after the cash-rich league saw a significant rise in tv viewership as it became the first Indian sporting event to be telecast since the …

1. How can you make money in IPL? Make Money From IPL.
2. Blogs, Websites, Memes. Social media with its dearth of privacy of course never runs out of entertainment.
3. Fantasy Leagues.
4. IPL Merchandise.
5. Organize Hyperlocal T20 Tournaments.
6. IPL Screenings.
7. FAQ’s.

Ownership of IPL team is now a very prized asset and we feel the base price for the new IPL team will be nothing less than 1500 Cr or probably more,” the BCCI official told InsideSport. From what has been discussed internally, the expected cost of one franchise will be at least INR 1500 crore.

IPL teams generate a large percentage of their revenue through brand sponsorship. Sponsorship revenues form around 20-30 per cent of revenue for the IPL teams. Besides, IPL franchises also get a share of ticket sales if they are the home team for a particular match. Team owners fix the ticket price.

TDS or Tax Deduction at Source is effected on all payments to the players. The rate of TDS varies depending on whether the recipient is an Indian or overseas player. TDS @ 10% is deducted on all payments made to Indian players….IPL and the Taxman.