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Indian Premier League New TV Rights Deal (2018-2022)

September 7, 2017 By admin

IPL TV Rights sold in £1.97 Billion Star Sports
Indian Premier League becomes very powerful in T20 cricket league. Big digital rights holders bid to get the rights of IPL for next five years which include (Supersport, Facebook, Airtel, Bamtech and Jio). Star Sports sets a record deal that makes IPL more interesting valuable league. Stars Sports win’s the rights to show the match of Indian Premier League for (£1.97 Billion). Which made IPL richest domestic Twenty20 competition in the world.

For each match of Indian Premier League cost (RS 55 crore) which means Rs 23.3 lakhs for every single legal bowl delivered in the match. So after signing up the new tv rights money deal IPL is now competitor to Premier League and NFL (American football league). Facebook make a bid to gets its that shows how much popularity Indian Premier League gain in past 10 seasons.

IPL New Five Years TV Rights Deal with Star Sports (2018-22)
Rights Sold Purchase Per Match Cost Contract Deal Format
1.97 Billion Star Sports Rs (55 Crore) 5 Years (Till 2022) T20

Now all matches of Indian Premier League will be broadcast by (Star Sports) worldwide for next five from 2018 till 2022. After such big money invested on the tv rights IPL become the biggest domestic cricket league in the world due to its tv rights. IPL is now competing at the level of English Premier League and National Football League America.

IPL vs Other Leagues TV Rights Money
Competition Sports Per Match Cost Contract Deal Matches
NFL American Football $22.47 Million Updated Soon 16
Premier League Football $13.15 Million Updated Soon 48
IPL Cricket $8.47 Million 5 Years (Till 2022) 14
NBA Basketball $1.99 Million Updated Soon 38

In the above given table you will see how much does it cost to complete one NFL match. In Indian currency (Rs 150 Crore) cost per match of NFL coverage and (Rs 84 Crore) per EPL match. After getting rights of IPL by Star it has made it most expensive cricket tv rights deal in the history.

Filed Under: Sports Money

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