The revenue of IPL 2024 is so much that Pakistan’s defense budget falls short.

New Delhi
639.15 crores were looted in a few hours in the auction held for the 2025 season of the Indian Premier League. The 10 teams left no stone unturned in filling the bank accounts of cricketers around the world. Amidst the rain of money, Rishabh Pant went to Lucknow Supergiants team for the most expensive deal of Rs 27 crores, while Shreyas Iyer joined Punjab Kings team for Rs 26.75 crores. On the other hand, Pakistan’s cricket league Pakistan Super League i.e. PSL is also to be auctioned. It is believed that PSL teams are eyeing the big names who were not sold in the IPL auction. That means those who are left from IPL will try their luck in PSL.

Well, these are the things you know. What people do not know is that the total revenue of all 10 teams in IPL 2024 has doubled from the previous season i.e. 2023. According to Toffler, the revenue of IPL 2024 stood at Rs 6,797 crore, which is double the revenue of Rs 3,082 crore last season. If you want to understand this amount in an easier way, then understand that the revenue of IPL 2024 was equal to the defense budget of Pakistan. This is the defense budget on the basis of which it jumps and jumps.

Yes, there is no need to be surprised. According to a Pakistani news report, Pakistan’s defense budget in 2024 was 7.64 billion US dollars i.e. 2,122 billion Pakistani rupees. If it is converted into Indian Rupee then it is Rs 6497 crore. This means that the revenue of 10 Indian Cricket League teams is more than the defense budget of Pakistan, the cost of which can be doubled every year.

This is how BCCI became cricket king, IPL became money league
According to the report, experts attributed this surge to the growing popularity of the league, which has been driven by smart media deals and lucrative sponsorship deals. A record media rights deal worth Rs 48,390 crore was signed in 2022 between the Board of Control for Cricket in India (BCCI), Disney Star and Viacom 18, which has now together become JioStar. Apart from broadcast revenue, BCCI earned over Rs 4,000 crore from multi-year sponsorship deals with major brands including Tata Group, My11Circle, Ceat and AngelOne.

The price of IPL is increasing ‘double the day, quadruple the night’
According to a recent report by Brand Finance, the brand value of IPL is set to increase by 13% to $12 billion in 2024 compared to 2023 (Pakistan’s defense budget of $7.64 billion is next to it), from its $2 billion in 2009. Over valuation. Notably, four franchises – Chennai Super Kings (CSK), Mumbai Indians (MI), Royal Challengers Bangalore (RCB), and Kolkata Knight Riders (KKR) have crossed the $100 million mark in brand value.

Pakistan is eyeing Champions Trophy 2025
It is important to mention here that Pakistan’s income from cricket is dependent on India. A major part of ICC’s earnings comes from India. Despite this, he is not desisting from unsuccessful attempts and drama to impose various conditions despite India’s refusal to go to Pakistan for the ICC Champions Trophy. However, if reports are to be believed, ICC has decided that the tournament will be played in a hybrid model. India’s one line condition is that Pakistan should be punished for terrorist activities taking place from its territory on the border.