Tobias S.’s Post

IPL - The festival of India! What business lessons do we have from it. I have stopped watching IPL and overall cricket a long time ago! The major reason being a lack in a competitive atmosphere in cricket. The agression that we used to see during India Pakistan match during our childhood is totally missing. This might be the case with a many of us! We have simply lost the enthusiasm. But but but! Does it mean cricket and IPL is finished in India! Not at all! Here are some fantastic facts about IPL 1. Massive Sponsorship: IPL sponsorship deals can range from hundreds of crores to billions of rupees collectively for all sponsors involved. 2. Lucrative Broadcasting Rights: Broadcasting rights for IPL matches have sold for over 15,000 crores for a single season in the past. 3. Player Salaries: Top IPL players can earn anywhere from 7.5 crores to 22.5 crores or more for a single season, depending on their popularity and performance. 4. Franchise Valuation: IPL franchises are valued at several hundred crores to several thousand crores each, with some estimates exceeding 2,250 crores. 5. Advertising Revenues: Advertising during IPL matches can cost advertisers anywhere from 525 lakhs to 1,125 lakhs or more for a 10-second slot. 6. Brand Endorsements: Top IPL players can earn millions of rupees annually from brand endorsements, with some earning upwards of 75 crores per year. 7. Ticket Sales A single match of IPl sales tickets amounting to Rs 75 crores. The moral of the story is that If someone thinks something is not right it may not be true. I feel that IPL has lost it's soul, but there are millions who celebrate the festival of IPL. Similarly some piddis think Samvidhan is in danger or Inflation and unemployment are on the rise. It is their thinking - India is a shining star which will illuminate the entire world. The question of India being in dark doesn't arise at all. Jai Hind!

"Not Just the Sixes: IPL Valuation Soars to 10.7 Billion Dollars, Entering the Decacorn Club" Amid the cheering fans and the excitement of every boundary, the Indian Premier League embarks on a new chapter of financial Success. Beyond the awe-inspiring sixes lies a powerhouse that has elevated the IPL into the elite tier of the cricket world. With its distinct fusion of athleticism, entertainment, and commercial inventiveness, IPL has captivated viewers throughout the Country, surpassing all expectations. What started as a risky experiment in 2008 has grown into an sensation. The IPL has entered the Decacorn club as its valuation skyrocketed from 1.8 billion dollars to an incredible 10.7 billion dollars in a ground-breaking development. This incredible accomplishment highlights the league's unchallenged power in the cricket industry. The IPL's rise over the last 17 years, with an astonishing 433% increase in worth, is evidence of its unwavering popularity and financial acumen. The Mumbai Indians are the most valuable team among the IPL franchises, they are closely followed by the CSK, KKR, and RCB ( Yes, it's the fourth most valued franchise ) . Each team adds to the league's diverse appeal and economic relevance by embodying a special combination of brand power, on-field prowess, and business savvy. Numerous revenue streams, including broadcasting rights, sponsorships, ticket sales, merchandise and licensing, digital platforms, media rights, brand endorsements, sponsorship tie-ups, and advertising revenue, are driving the IPL's financial ascent and are essential to maintaining its economic engine. One thing is certain as we look to the league's future: the IPL's innovative and successful past will continue to drive the league's expansion and strengthen its standing. My guilty pleasure is watching the IPL, even though I hate it for various reasons. #IPL #CSK #RCB #MI #Valuation

WPL – Home and away format in 2024 💡 Will it be introduced in year 2024? 💡 Will it work for WPL as it did for IPL? As prepping up for the next WPL season begins, there is one question in everyone’s mind – Will WPL have a home and away format in 2024? Santosh N, Managing Partner at D&P Advisory shares some interesting perspective - 🏏 WPL, in the inaugural season this year was restricted to one place. Board of Control for Cricket in India (BCCI) had to do it as there was a limited window in which the matches were being played. 🏏 In WPL there are 5 teams instead of 10 in IPL. The 10-team format for IPL gives each team 3-4 days break before the next match. In WPL however, due to the 5-team format, the teams will have to play on day 3 itself. 🏏 With just 1 day gap, the logistics could be a challenge for BCCI and it might also take a toll on the teams. 🏏 Thus, unless BCCI is able to increase the window for WPL to around a month, home and away format might not be feasible and may be a bit of a stretch. What do you think about this? Maryam Farooqui moneycontrol.com   https://lnkd.in/di3VP3ki #WPL #cricket #cricketinIndia #businessofcricket #cricketvaluation #sportsvaluation #businessvaluation #dandpadvisory 

IPL auction. Photo: Sportzpics for IPL Indian conglomerate Tata Group has bagged the title sponsorship of the Indian Premier League (IPL) for 2024-28 for a “record-breaking” $300 million, the league organisers said on Saturday. Backed by celebrity franchise owners and featuring the best players in international cricket, IPL has become the world’s richest T20 tournament with an estimated brand value of $8.4 billion. It has been a cash cow for the Indian cricket board (BCCI) with the 10-team league’s 2023-27 media rights fetching $6.2 billion. Tata Group has been the title sponsor of both the men’s IPL and the Women’s Premier League, which took off last year. “The unprecedented financial commitment reflects the immense scale and global impact of the IPL on the international sports stage,” BCCI secretary Jay Shah said in a statement. Some IPL franchise owners have gone on to buy teams in T20 leagues in the United Arab Emirates, South Africa, West Indies and the United States. With the IPL franchises offering lucrative multi-league contracts that most cricket boards cannot match, the Indian league’s growth may deepen concerns about players prioritising T20 leagues over international cricket. “The record-breaking sum … is a testament to the immense value and appeal that the IPL holds in the world of sports,” league chairman Arun Singh Dhumal said. “This unprecedented amount not only sets a new benchmark in the history of the league but also reaffirms the IPL’s position as a premier sporting event with global impact.” (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) First Published: <!-- -->Jan 20 2024 | 5:13 PM<!-- --> <!-- -->IST

#TalentServe Topic:IPL Auction Strategies In the fast-paced world of the Indian Premier League (IPL) auctions, teams employ a variety of strategies to assemble their squads for the upcoming season. One key aspect is talent evaluation, where teams meticulously analyze players' performances in domestic and international cricket, considering factors such as recent form, skill sets, and adaptability to different formats. Teams often have specific requirements to address, whether it's bolstering their batting lineup, strengthening the bowling attack, or adding depth to their bench strength. This necessitates a nuanced approach to player evaluation, where teams weigh the potential contributions of each player against their auction price. Moreover, franchises must consider the dynamics of team building and chemistry. It's not just about acquiring the best individual talents but also ensuring that the players complement each other's skills and personalities. Building a cohesive unit that can perform under pressure and thrive in the intense environment of T20 cricket is crucial. Financial constraints also play a significant role in shaping auction strategies. With each team operating within a fixed budget, there's a delicate balance between splurging on marquee players and securing value-for-money signings. Franchises often employ a mix of established stars and promising young talents to maximize their resources. Strategic bidding is another essential aspect of the IPL auction process. Teams must be astute in their approach, knowing when to enter the fray for a player and when to bow out to avoid overpaying. This requires a keen understanding of the market dynamics and the ability to adapt to the ever-changing landscape of player valuations. Furthermore, teams must factor in the retention of core players and the potential availability of international stars. The timing of the auction, as well as the availability of players due to international commitments, can significantly influence teams' strategies and decision-making processes. Ultimately, success in the IPL auctions hinges on a combination of astute talent evaluation, strategic planning, and effective execution. Franchises that can strike the right balance between acquiring top talent, building a cohesive team, and managing their resources prudently are best positioned to thrive in the fiercely competitive arena of T20 cricket

Cricket Economics: The IPL Auction Frenzy! The IPL auction spectacle never fails to amaze me – the riveting drama and the colossal bids that unfold on the auction table. Think of it as a small-scale version of economic principles, akin to the dynamics seen in the world of startup investments. In the IPL, franchises often bet big on unproven talents, mirroring the startup world's penchant for investing in the less known. Why? Because within these unknowns lie the limitless possibilities, the untapped potential that can redefine the game. Just like a startup with an uncharted future, these players bring an element of unpredictability, injecting vitality into the league. Now, let's talk numbers. From its 2008 inception with a $2 billion valuation, the IPL has witnessed a staggering surge, positioning it as a premier privately held enterprise. Recent talks of Saudi Arabian Crown Prince Mohammed bin Salman’s advisers suggesting the Indian government about moving the IPL into a holding company valued at as much as $30 billion underline its meteoric rise. Valuations of franchises, averaging $67 million in 2009, have now soared to $1.04 billion, showcasing a robust annualised growth rate of 24%. The Mumbai Indians, in 2022, lead the pack with a valuation of $1.3 billion, followed closely by the Chennai Super Kings at $1.15 billion. But it's not just about the money. Enter Middle Eastern giants like Aramco, Saudi Tourism Authority, Qatar Airways, and DP World. Why are they interested in the IPL? It's a strategic move to bask in the visibility and influence that the IPL guarantees. The association aligns with India's demographic appeal and its emotional connection with underdog stories – a unique market dynamic that sets the IPL apart. Why does the IPL resonate so profoundly with the Indian audience? It's not just about marquee players; it's the untold stories of domestic talents, the underdogs who evolve into cricketing superstars. This connection with the grassroots, the narratives of lesser-known commodities, is the heartbeat of the IPL. Similarly, in the startup realm, it's the unknown innovators and disruptors who often redefine industries. In the course of this discussion, it's important to highlight the role of the BCCI. With its extensive reach, the BCCI has the potential to elevate not just cricket but the overall sporting culture in India. The IPL's success story is intertwined with the growth of cricket in the country, and a concerted effort to nurture this environment can have far-reaching implications for Indian sports. To sum it up: The IPL and the startup ecosystem are symbiotic entities fuelled by the pursuit of potential, the allure of the unknown, and the resonance of underdog narratives. This trend of investing in uncharted, lesser-known commodities is not just good for the IPL or startups; it's a testament to the dynamism and limitless possibilities that drive economic landscapes. #CricketEconomics #IPL #Startups

INDIAN PREMIER LEAGUE:THE MONEY MINTING MACHINE. Chapter 2: The Birth of IPL. In 2008, the Indian Premier League (IPL) was officially launched, marking a historic moment in the world of cricket. The inaugural season saw the emergence of eight franchises, each representing different cities and embodying a unique blend of cricketing prowess, celebrity ownership, and regional pride. The franchises were created through a high-profile and competitive bidding process, attracting bids from business tycoons, Bollywood celebrities, and industrial giants. The ownership of these teams added a new dimension to the league, infusing it with star power and financial backing. Teams like Mumbai Indians, Chennai Super Kings, and Kolkata Knight Riders became household names, representing not just cities but also the aspirations and identities of their diverse fan bases. The format of the tournament was a departure from traditional cricket leagues. With a focus on the T20 format, IPL matches promised high-scoring encounters, strategic gameplay, and nail-biting finishes. The league adopted a round-robin format followed by knockout stages, leading to a grand finale that would captivate audiences across the nation. International cricketing legends took on roles as captains, coaches, and mentors, adding their immense experience to the teams. Icons like Sachin Tendulkar, Rahul Dravid, and Shane Warne became synonymous with their respective franchises, creating a unique blend of seasoned expertise and youthful exuberance. The inaugural season kicked off with a spectacular opening ceremony, combining cricket with entertainment in a manner never seen before. The fusion of Bollywood glamour, cheerleaders, and electrifying performances set the stage for what would become an annual extravaganza. The stadiums were packed, television viewership skyrocketed, and the IPL quickly became a cultural phenomenon. It wasn't just a cricket tournament; it was a celebration of sport, entertainment, and the spirit of competition. The success of the first season laid the foundation for the IPL's enduring legacy, setting the stage for years of cricketing brilliance, unforgettable moments, and the establishment of the IPL as one of the premier T20 leagues in the world. #startup #ipl #strategy #sports #cricket

India’s hot sporting property – IPL which at over USD 10bn is the second largest league behind US’ National Football League (NFL) that commands over USD 18bn – is on cusp of change. Or is it? Borrowing a leaf from peers – EPL’s Manchester United, MLB’s Atlanta Braves and Bundesliga’s Borussia Dortmund among others – the IPL franchises are toying with listing plans. In November, Mergermarket exclusively reported about KPH Dreams, owners of Kings XI Punjab picking banks to aid with the process. Here’s a deep dive into the numbers game, feasibility studies, peer comparison, interested bidders and bottlenecks among other details. For the complete article head to Next Gen Mergermarket: https://lnkd.in/dz86etpr

Breaking News: IPL 2024 Trade Window Retention List Released Players Transfer Last Date Ahead Of Auction . . . #viralnews #viral #news #trending #viralpost #india #breakingnews #maharashtra #explorepage #tv #viralphoto #trendingnews #maharashtranews #viralcypher

RCB ! RCB ! RCB ! If you have had a chance to visit and witness an RCB match live in the Chinnaswamy stadium recall the goosebumps when 30,000 plus loyal fans chant RCB.  It’s an emotion ! Royal Challengers Bengaluru, one of the most popular franchises in the Indian Premier League (IPL), known for its passionate fan base and star-studded roster holds a significant market value. RCB has consistently been a strong contender in the IPL. Kudos to the remarkable performance and victorious women's team of RCB who brought the 1st ever trophy home this year, the men’s team are waiting for their moment of triumph !.  What makes RCB a sensation without having won a single trophy, the personal branding to be a righteous answer. RCB boasts some of the biggest names in cricket,who have not only achieved tremendous success on the field but have also cultivated strong personal brands off the field through their charisma, talent, and engagement with fans.The IPL's global appeal extends RCB's reach far beyond traditional cricketing markets. The team's matches are watched by millions across the globe, offering valuable exposure to sponsors and advertisers.  RCB has built a strong brand identity showcasing its bold colors on different merchandise, the most popular one being their jerseys. Overall, the high market value and personal branding of RCB are interconnected and mutually creating a virtuous cycle of popularity and prestige for the franchise. It's all about personal branding & marketing the brand. Wishing the fans & the franchise a victory in the coming year ! #outsmart #smartsolutions #branding #marketing