Women’s IPL Set To Make BCCI Richer By INR 4000 Crore.

Some of these ventures fell through when the BCCI called for bids for two new men’s teams in 2021. His traditional IPL teams Mumbai Indians, Rajasthan Royals, Delhi Capitals and KKR could seriously consider expanding the existing men’s team bouquet around the world.
According to market insiders, he has two principles for these bids by trading companies. The first is return on investment (ROI), which is a fundamental tenet of any business. It is the profit from what the company has spent. The second is not a business principle per se, but is called the Return of Ego in the business world.
This is what some of the biggest corporate names are willing to pay as much when looking to buy a particular property, even if it takes five to seven years to break even.
Let’s say the franchise company offered him a winning bid of Rs.500 crore in five years. That means Rs.100 crore each for the next five years was immediately pledged, the source explained. u201cBCCI will share 80% of media rights funds with the team for womenu2019s IPLs (50% for men:50) Support the development of sustainable models.
Let’s make a round figure of Rs 150 crore, which is what each franchise earns in his five years, about Rs 300 crore per year, he explained.
u201cCurrently, BCCI distributes a portion of the central sponsorship pool (title sponsor, co-sponsor and various awards sponsors) with the franchisee.It also adds the franchisee’s own revenue pool. So it could be Rs 1.5 crore to Rs 1.8 crore per year. In his first year, he didn’t get a lot of target sales, he said.
Therefore, the annual revenue of the team is estimated at Rs 50 crore. Apart from the franchise fee of INR 10 crore per year, what will be the other expenses?
source: Aaj Taku201cThe team salary cap is Rs 1.2 crore. Add another 6-8 kroner to the salary of the support staff. Let’s do it with 2 billion rupees. There are also hotel costs, ballpark fees to state associations, and other operating costs. It could be something between Rs 6 to 8 crore.One city in the first year will reduce the cost. u201cSo the cumulative annual expenditure could be Rs 128 crore to Rs 130 crore. The revenue would be around Rs 50 crore. potential,u201d he explained.
5 team WIPL team will take place in March at many venues in Mumbai.