4- Financial Power: Sponsorships and Revenue
The IPL’s financial strength is a primary driving element behind its ability to outperform football tournaments. The IPL has attracted significant sponsorships from big national and international businesses, leveraging its broad reach and popularity. These sponsorships provide a substantial contribution to the league’s earnings, allowing teams to spend in cutting-edge facilities, international talent acquisition, and player development programmes. The IPL’s financial stability assures its long-term viability and continuous expansion.
