The latest bid involved Vivo as the firm won the rights to host the next five seasons for a whopping amount of INR 2199 crore, or IN 439.8 annually. Who is the richest cricketer in the world 2020? Following the lines of the IPL, while the league as a whole is governed by the West Indies Cricket Board (WICB). All Rights Reserved WBBL takes place simultaneously with the main league and has the same franchises competing. The IPL is the most-attended cricket league in the world and ranks sixth among all sports leagues. Hogg was a part of Australia Legends captained by former … Over the years, the game has changed from an amateur game to a multi-billion dollar industry. From 2007-2008, he was the vice- Captain of the Indian ODI Team. Indian Premier League 2020. However, with the tournament being placed in the Middle East, the PCB is losing out millions due to high maintenance costs and an extremely dismal crowd turnover. The numbers went up colossally when soft drink giants PepsiCo entered the fray. The steep increase in the scope of economy and business brought together by the inception of these T20 leagues has tremendously impacted the global economic fundamentals. In 2015, Duff and Phelps conducted an in-depth valuation analysis of the IPL as a brand, and if anything, the numbers generated were simply alarming. By 2022, it is supposed to cross the $6.5 billion benchmark. IPL catch the headline … Manchester United is ultimately the richest club in England, with … With a total of 18 first class counties competing across three months, to go hand in hand with the domestic First Class and List A tournaments, the scheduling is simply a mess. */. With hundreds of rooms getting booked across several five and seven stars in India for nearly two months, the numbers generated further are dramatic and at the same time staggering. The Indian Premier League has come a long way in recent years and is one of the fastest growing sporting leagues in the world, attracting big name players, sponsors and owners alike. While the relationship between the functioning of a T20 tournament and the overall economy as a whole prospering may seem a little strange, it can be broken down with a little ease. First and foremost, it’s the extreme high quality of cricket on offer. This is a list of best & richest cricket league in the world. The franchise is owned by Schon Properties and is in an eight-year agreement with the PCB. In order to make England’s domestic T20 structure far more proactive, the ECB is considering privatizing the league on the lines of the IPL, and making it a city-based franchise affair, rather than the traditional county affair. The world’s richest cricket league hit a roadblock as India was gripped by the pandemic. With his career spanning over 20 years in world cricket, he has the marvellous record of scoring more than 30,000 runs across all formats. T20 cricket in past five years received great feedback from fans worldwide. Nevertheless, considering the England and Wales Cricket Board’s rigid approach in managing the sport in the UK, the league has been far overshadowed by IPL and BBL. Till the first five editions of the tournament, the ratio between franchises and the IPL committee remained at 80-20. And, that feat alone has earned it the place among the richest sports in the world this year. Follow SportzWiki for all cricket news, WWE News & Sports News. Not to forget, all of this is only possible due to the extremely high quality of cricket on offer. IPL is the biggest cricket tournament in the world. There a lot of the T20 leagues in the world and we shall rank the top 5 leagues in the world. If needed, an auction could be held which puts monetary terms far clearer rather than the current player drafting and transfer process. Considering the fact Australia’s population is barely 1.86% to that of India, one has to credit CA for ably monitoring the tournament and making it a major success in Australia. Shane Watson : Brad Hogg rates best cricket league in the world. After that, it is the Vitality T20 Blast and the CPL. 9. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. They have put in a lot of money. While a comment might be made that the Natwest T20 Blast as a whole is a little outdated, one also has to appreciate the fact that it was the first ever T20 tournament to be conceived. And I love to write too, so at the time I'm not watching sports, I'm writing about it. Manchester United - $3.808 billion. They witnessed a total revenue of €428.3 Million this year. Mind you, this figure at present is much more, thanks to the annual compounding and the global economy as a whole prospering with the passage of time. The 20 over’s game now become official symbol of successful cricket leagues. For the five seasons commencing from 2013, PepsiCo shelled out INR 396.8 crore to gain the title sponsorship. Jam-packed houses. As per the valuations modelling, the tournament has a market value of USD 300 million, and the number is expected to shoot up in the years to follow. In all, to understand the functioning of the IPL and to cut their earnings short, one can ascertain that the major chunk of the earnings garnered by the IPL comes from its able, efficient and sought after distribution model through ticket sales, the title sponsorship and the broadcasting rights. There are lots of cricket fans in the world who always like to watch any kind of a match. Posted On March 16, 2020 by Akshat Gaur. 300 is the new 250 in ODI cricket. While the good old days might remind viewers about the persona, charm and beauty of red ball cricket, the current generation might beg to think otherwise. Slowly, but steadily, the bug of T20 cricket spread across the globe, and once India got crowned winners of the inaugural World T20 in South Africa in 2007, it was just a matter of time. Several afternoon games are witnessed barely by a thousand people, and these numbers are dismal for any league. Originating from Down Under, the once bland league has innovated itself in a significant way and reinvented the form of the sport in Oceania. Out of this 40, 15 is bagged by the winner, while the runner-up gets ten while the teams finishing 3rd and 4th get 7.5 each. Well, if a further scope is to be considered, then one cannot ignore the impact on the Hospitality and tourism industry of India. Does this ring a bell or two? Based on the lines of the IPL, Pakistan wanted a cash-rich T20 league of its own. While acts like these may not seem to be too financially viable, they surely enable a far greater brand recall from cricket fans. To add to that, one also has to salute CA for its approach in promoting the sport for women, as the Women’s Big Bash League (WBBL) too is a major hit with the audiences. Indian Premier League 2020 OR Indian Portly League – To be Honest Cricket. Board of Cricket Control India. However, the share now is a little more balanced, with 60% of all revenues attained through title and broadcasting sponsorship being divided between the eight franchise owners and the remainder 40% being earned by the IPL organizers. Kagiso Rabada is the current purple cap holder in IPL 2020. Once it replaced the old domestic-based Caribbean T20 tournament, the involvement of franchises saw it make a complete change. He became the first Player to take a 5 Wicket haul and Score a 50 in the same World Cup of 2011. The 20 over’s game now become official symbol of successful cricket leagues. The current global market value of the auto racing industry already touched $5 billion in 2020. While the games might not be played in Pakistan (except the finals), the cities of Dubai and Sharjah host the tournament annually. The bug of the tournament caught everyone so viciously that today after ten seasons it continues to garner some eye-popping numbers. If the most sought after and cherished names of the game are turning up for a tournament, then its bound to be the best one. One of the big… Game after game, you have jam-packed houses witnessing some classical encounters. #8. The Indian Premier League (IPL) soon burst on to the arena, mainly as the now disgraced Lalit Modi’s brainchild. Tottenham Hotspur earns the 10 th spot in the list of Richest Football Clubs in 2020 due to their remarkable €69 Million increase in revenue from the previous season. 224k members in the Cricket community. Press question mark to learn the rest of the keyboard shortcuts. 10. BBL was the first cricket league to implement electronic bails and stumps. With an extremely complicated domestic structure, in all the ECB earns a total of GBP 5-7 million from broadcasting revenues. But how do they compare against one another? The table below indicates the brand value (in USD) of the IPL franchises. But how does it compare to the world's richest leagues, is it the richest cricket league in the world? The franchise owned by Qatar Lubricants Company is valued at USD 25 million and is owned by the company’s Managing Director Fawad Rana. The Brand value of IPL is estimated at about  $4.16 billion. It is a sports website to connect you to all the latest happenings in the world of sports with news and opinion based articles from various sports. Mahendra Singh Dhoni is the richest cricket player in the world this yearaccording to Forbes. Read more to Know In 2011 ICC Cricket World Cup, he was the man of the Tournament and one of the top performers at the ICC World Twenty20 2007; both of the matches where India won. In September 2017, Star India won the broadcasting rights for the subsequent five editions of the coveted tournament for a figure as gigantic as INR 16,347.5 crore. In order to simplify, an example is more than enough. As of now though, the ECB needs to put on its thinking hat and make privatization of the league its priority. However, pro drivers earn up to $200,000 per race in big events such as the Grand American Rolex Series. Also, the team wallet as decided by the IPL core committee before the mega-auction, which took place recently in January 2018, stands at INR 82 crore. In addition to international sports, many countries now have domestic leagues. ), 80 of that will go to the franchise owners of the Delhi Daredevils, and 20 will go to DDCA. Raheem Sterling is the only other City player on the list and sits as the third richest Premier League footballer on £28m. The team is owned by Omar Associates and has ended up as the runner-up on both the editions of the tournament. One only wonders the return on investment for Star India as the amount invested in an ocean and if the profits are generated as planned, then saying that the IPL is a cricketing cash cow, remains an understatement. The T20 format is the most lucrative form of cricket and has attracted fans all across the world. MS Dhoni – former captain of the Indian cricket team. I can watch literally anything remotely related to sports; Cricket, Football, Tennis, F1, Hockey, Athletics, Chess, you name it! The ECB is also the inventor Twenty20 cricket and its league may not be franchise based but still very lucrative. Cricket Australia is a public limited company and it is … And thanks to the cricket fans, who prefer watching the shorter and more exciting format of cricket, these leagues have quickly gained a lot of popularity. Cricket is popular in the country only next to rugby. Subscribe Now He is one of the best all-rounders of all time. Definitely , IPL is the biggest & best league in the world. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. Hailing from the land of inaugural World Cup winners, Caribbean Premier League (CPL) comes fourth on the list of top 5 richest T20 cricketing leagues in the world. Back then, the total amount bid by DLF to win the rights was INR 200 crore. The numbers generated by each of the well-known tournaments are simply staggering in nature and adds enormous value to the respective economies. 5 Most Richest Cricket League in the World. He was officially called to play in the India… #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } Ricky ponting considers him the best T20 bowler. Mumbai Indians | US $113 million – Rs. The Feroz Shah Kotla stadium in Delhi is home of the Delhi Daredevils. Join 10Cric and deposit any amount and win Rs.1000 from isportsleague Join Our Telegram Channel For Betting Update And most of this is due to a number of T20 Cricket Leagues around the globe. Mahender made his first entry in the Indian team during the game against Bangladesh in 2004. The Premier League is the wealthiest national league in world football and a number of its clubs are owned by billionaire businessmen from Russia, China, the United States and the Middle East. Major International tournaments. He joined the world of cricket at only 16. All ICC Women’s T20 World Cup 2020 ICC World Cup 2019 Indian Premier League 2020 IPL – Indian Premier League 2019 Khelo India Youth Games 2019 PBL – Premier Badminton League Pro Kabaddi League 2019. Not a major source of income, but ultimately, the prize money too plays a critical role in determining the fortunes of a tournament. The esteemed franchise is valued at USD 26 million and is based out of Pakistan’s port city of Karachi.
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