How the IPL became one of the richest leagues in cricket and sports?

 IPL  generally knows as the Indian Premier League. Ipl is India's richest competition as well as the world's 3rd most expensive sporting property. I started in the year 2008 and was founded by Lalit Modi. Ipl was modeled and inspired by the NFL. The popularity of ipl has increased year by year and is now one of the richest leagues in cricket and sports. The teams are based around the cities of India. There are a total of 8 teams

Teams                                           Owner

Chennai super kings                        Kasi Viswanathan

Kolkata knight riders        Shahrukh Khan(SRK), Juhi Chawla, Jay Mehta

                                                                          

Delhi Capitals                         GMR group, JSU group

Kings XI Punjab            Preity Zinta, Karan, Mohit Burman

Royal challengers Bangalore            United spirits

Sunrisers Hyderabad           Kalanithi Maran, Sun tv network

Mumbai Indian                      Mukesh ambani,Nita ambani

Rajasthan Royals               Manoj Badde, Lachlan Murdoch

IPL is one of the lucrative cricket leagues for both players and spectators. Ipl’s net worth and its popularity are growing by each year.IPL brand value doubled in the last 5 years. The tournament generally starts in March and ends in May.

Ipl 2018 got 769 million views.IPL has gained popularity because of its uniqueness and the owners of the teams. The competition is quite good also.IPL has given India a lot of young promising cricketers and also helped financially.2018 IPl auction total of 169 players were bought and their cost was 94 million dollars.

Owner of KKR and KXIP both belong to Bollywood, This was a great meeting point of Bollywood and cricket which helped the IPL to grow even larger. People were interested to see their favorite Bollywood stars as well as cricketers on the field, it surely brought the glamour.

If we see the Global sports price per game. Ipl is not that far away in 2018
NFL- 22.5 million $
EPL-13.2 million $
NBA-1.9 million$
MLB-630,000 $
IPL-8.47 million$
IPL is getting bigger and better each year. In 2020 IPL got 200 million viewers.IPL 2020 viewership record increased by 23% versus 2019.
Dream 11 bought the rights of IPL 2020 for 29.7 million $. Dream 11 beat Byjus and unacademy on the auction.
The winner of ipl 2020 got 20 Crore and the runners up got 12.5 crore
Mumbai Indians won the recent tournament
The 3 Highest-paid Cricketer of ipl 2020 is
1.Virat Kohli-17 crore
2.Pat Cummins -15.5 crore
3.Dhoni-15 crore

And if you want to know more this the  video you should watch