"The IPL is operating under a new broadcast deal this year. In September it was reported that Star India had bought the rights for the next five seasons at the cost of approximately $3.2 billion. Since then the salary cap has been increased by about 20 per cent meaning IPL franchises will be able to spend up to $16m each on building their 2018 rosters. The key unit of currency to watch out for is the crore, which equates to 10 million Indian rupees or about $200,000. It is by the crore which the value of players who go under the hammer is measured, particularly the superstars fetching the big bucks."
http://www.theage.com.au/sport/cric...ash-cash-at-mega-auction-20180125-h0om9z.html
How did the IPL become so fig so fast? I remember when no one wanted to play in the IPL? Now everyone is running there?
Does it have a big market? I know over here the BB is harldy making any money.
And we haven't even heard of the IPL over here.
http://www.theage.com.au/sport/cric...ash-cash-at-mega-auction-20180125-h0om9z.html
How did the IPL become so fig so fast? I remember when no one wanted to play in the IPL? Now everyone is running there?
Does it have a big market? I know over here the BB is harldy making any money.
And we haven't even heard of the IPL over here.