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How will the franchises earn income out of IPL other than prize money?

Asked on 27-05-2018 by Saiteja Ch

Answered by NewsBytes

IPL team owners make money from the following - Income that comes from the official sponsors is distributed equally amongst all the franchises by the BCCI (around 60% of it), the broadcasting rights income is again distributed by the BCCI amongst its franchises, then every IPL team has its own designated sponsors, income is also generated from stadium tickets and player transfer and swaps.