IPL media rights value can touch $50 billion, says chairman Arun Dhumal | Cricket News – Times of India
NEW DELHI: IPL chairman Arun Dhumal envisions a remarkable growth trajectory for the league's media rights, projecting a potential surge to an impressive $50 million over the next two decades. This optimistic outlook is contingent on the league's commitment to continual innovation and responsiveness to fans' interests.As of the current scenario, the IPL commands a substantial media rights value, reaching $6.2 billion (approximately Rs 48,000 crore) for a five-year period commencing in 2022.IPL - Second-most high-valued league globallyEven with this valuation, the IPL holds the distinction of being the second-most high-valued league globally, trailing only behind the National Football League (NFL).The NFL recently secured a monumental $110 billion media deal spanning an 11-year period, u...