: IPL Indian Premier League (IPL) is the world's largest and most famous T20 cricket league. There is a millionaire owner behind every team involved in this. Every match in IPL has great importance and losing a match is a big blow not only for the team but also for the owners, but the question arises that how much money do the owners lose by losing a match? Let us find out.
IPL's money comes from many sources, including media rights, sponsorships, ticket sales and merchandise. In fact, auction of television and digital rights of any IPL match earns a good amount of money. Apart from this, different companies sponsor IPL teams and matches, which increases the revenue. Apart from this, income is also earned by selling tickets for the matches held in the stadium and by selling the team's jersey, bat, ball etc.
How much loss does the owners suffer if they lose a match in IPL? If they lose even one match in IPM, their owners may suffer a loss of crores of rupees. In fact, to build the team, its owner buys each player for crores and lakhs of rupees. Apart from this, there is huge expenditure in branding and organizing the match. In such a situation, if a team loses even one match, its owner suffers a big loss. Let us know how.
What effect does losing a match have on the owner of that team? Win and loss in every match affects the team's brand and its sponsors. If a team is losing continuously, its brand image gets affected. This directly impacts the deals of sponsors and brand ambassadors. Brands are usually excited to be associated with a team that is performing well. Keeping the sponsors in mind, consecutive losses of a team can put their partnership at risk. For example, after losing a match, the team's sponsorship expenses may reduce. If a team loses 6-7 out of 10-12 matches, the owners of that team may lose money from sponsors, which could be up to crores of rupees.
Apart from this, less number of spectators come to the stadium to watch the team which is continuously losing the matches, which may affect the ticket sales. Also, the defeat of the team not only affects the performance of the match but also affects the money earned from it. Keeping this in mind, if the audience decreases after losing a match, the team owners may suffer a loss of up to Rs 5-10 lakh. Also the owners may suffer loss in the fact that if the team performs well, they may get a huge amount as winnings (about Rs 10-20 crores), but if the team is continuously losing, then This amount decreases
.How much loss do the owners incur after losing a match? It is difficult to estimate the loss incurred by the owners of IPL teams after losing a match, because it depends on many factors. But if we talk on the basis of general estimates, after losing a match, the owners may suffer a loss of Rs 2 crore to Rs 10 crore, which would be related to loss in sponsorships, ticket sales, media coverage and bonuses. Is.
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