The champion will take a fat cheque of $4 million. In the 2018 season of the IPL, the league has set aside $9 million to be distributed among the eight teams as prize money. The Pakistan Super League, on the other hand, managed to sell the rights for domestic and international broadcast for $15 million. Media RightsĪfter the first decade of the IPL, the Indian board put up the broadcast and digital media rights for auction and Star India bagged the five-year deal with the highest bid of INR 16,347 crore ($2.5 billion). Habib Bank Limited (HBL) bought the PSL sponsorship rights for three years at $64.7 million i.e $6.6 million a year.
Chinese Smartphone company Vivo acquired the title sponsorship rights of the IPL in 2016 for the next five years shelling $439.8 million (INR 2,199 crore).
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