{"id":127232,"date":"2022-12-22T12:22:42","date_gmt":"2022-12-22T06:52:42","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=127232"},"modified":"2022-12-22T12:22:43","modified_gmt":"2022-12-22T06:52:43","slug":"ipl-surpasses-10-billion-valuation-and-becomes-decacorn","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/ipl-surpasses-10-billion-valuation-and-becomes-decacorn\/","title":{"rendered":"IPL surpasses $10 billion valuation and becomes decacorn"},"content":{"rendered":"\n

IPL surpasses $10 billion valuation: <\/strong>The Indian Premier League (IPL), whose total valuation has surpassed $10 billion, has evolved into a decacorn. According to a D and P Advisory assessment released on Tuesday, the league is currently valued at $10.9 billion. Notably, it has increased by an astonishing 75% since 2020.<\/p>\n\n\n\n

December 2022 Current Affairs Quiz<\/a><\/strong><\/p>\n\n\n\n

IPL surpasses $10 billion valuation: Key Points<\/strong><\/p>\n\n\n\n

IPL\u2019s expansion has been aided by lucrative agreements with industry titans in media. A company valued at more than $10.0 billion is referred to as a decacorn. In less than 15 years since its beginning, the IPL has reached the milestone.<\/p>\n\n\n\n

Months after India won the first ICC T20 World Cup, the competition\u2019s first edition was contested in 2008. Since then, the IPL has become steadily stronger with well-known athletes from all over the world taking part.<\/p>\n\n\n\n

IPL attains significant Milestone: Report<\/strong><\/p>\n\n\n\n

The IPL reached the important milestone after selling its media rights for the years 2023 to 2027, according to a research by D and P Advisory titled “Beyond 22 Yards.” The league recorded a three-fourth increase in revenue over the previous cycle when it sold its media rights for $6.2 billion. The rights were divided among numerous broadcasters for the first time.<\/p>\n\n\n\n

IPL: Second Biggest Sports League Worldwide<\/strong><\/p>\n\n\n\n

The IPL, on the other hand, is the second-biggest sports league worldwide in terms of money made from broadcasting fees every game. $12 million is expected to be made from broadcasting each game. In terms of revenue per game, only the National Football League (NFL) earns more than the Indian T20 league ($17 million). Notably, in the upcoming years, the quantity of IPL games will gradually rise.<\/p>\n","protected":false},"excerpt":{"rendered":"

IPL surpasses $10 billion valuation: The Indian Premier League (IPL), whose total valuation has surpassed $10 billion, has evolved into a decacorn. According to a D and P Advisory assessment released on Tuesday, the league is currently valued at $10.9 billion. Notably, it has increased by an astonishing 75% since 2020. December 2022 Current Affairs Quiz […]<\/p>\n","protected":false},"author":894,"featured_media":127233,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4992],"tags":[59],"class_list":["post-127232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2022","tag-sports-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=127232"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127232\/revisions"}],"predecessor-version":[{"id":127234,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/127232\/revisions\/127234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/127233"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=127232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=127232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=127232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}