IPL has been Started 13 Years Ago And Going Strong:
The 13th season of IPL is going to set preparations to start the tournament matches for this year. As of now, a happy moment occurred as the IPL’s brand value raised. Indian Premier League- where talented players get an opportunity is one of the most followed franchises based tournaments in the world. It has been 13 years since it’s started and it’s still going on strong. The IPL has been overcoming all the burdens that have threatened to decrease it.
According to a survey, the last season of IPL’s broadcasting time was up to 330 billion minutes – In a period of 44days. And the overall tournament was streamed 300 million times in online.
“The tournament is continuing to exceed the expectations of players, franchises, team sponsors and everyone involved and gives a boost to the Indian economy. According to the survey of Brand Finance- a leading independent brand valuation consultancy said the value of the cash-rich league stands at an all-time high of $5.7 billion.” Savio D’ Souza, Director of Brand Finance quoted in Gulf News.
In any case, the IPL despite everything has come getting to do with regards to contending with global leagues like the English Premier League or the La Liga. While the consolidated value of top-five teams of the IPL is $321 million, it could not hope to compare to the relating figures of the EPL-$6.5 billion-or the Spanish La Liga-$4.2 billion.
All things considered, the general valuation ($5.7 billion) isn’t excessively far away from the English Premier League which remains at $6.4 billion. ”Both the Premiership and La Liga have benefitted from a long legacy and notoriety produced throughout the years, while the IPL will simply be venturing into its thirteenth edition in 2020,” the Brand Finance study expressed.
Chennai Super Kings’ brand value stands at $75 million:
Three-time Indian Premier League champions and the most reliable site of the money rich team since its foundation, Chennai Super Kings are at the numero-uno spot with regards to their brand esteem. The MSD-drove unit-just because saw its worth break forward the $75 million mark a 90% development from $39 million of every 2009.
Chennai Super Kings are followed by two-time champions. Kolkata Knight Riders whose brand value is $66.5 million while four-time champions Mumbai Indians find themselves at the third spot with a total worth of $65.7 million. Mumbai Indians saw a 24 percent rise in brand value over the last few years.
Chennai Super Kings are two-time winners, Kolkata Knight Riders are 4 times winners. KKR’s brand esteem value is $66.5 million. Mumbai Indians end up at the third spot with a total worth of $65.7 million. Mumbai Indians saw a 24 percent jump in brand value in recent years.
Delhi Capitals – drove by Shreyas Iyer – demonstrated the most noteworthy development of 25 percent over the past season and their present worth stands at $54 million. From the last two years, Kolkata Knight Riders had topped on the board, enlisted a loss of seven percent a year ago.
