Indian Premier League (IPL) is the most extravagant, viewed and popular domestic T20 leagues in the world. In 2017, IPL completed its 10 years and the popularity has increased every year.
Over the years, we have seen some of the greatest cricketers come to India and participate in the Indian Premier League. From Chris Gayle to Rashid Khan, IPL has played a huge role in reviving careers and also give due recognition to young talent in India and around the world.
Talking about IPL’s success and popularity, Star Sports made an unbelievably big bid to quire the broadcasting rights of Indian Premier League. Star Sports made a bid of ₹ 16,347.50 crores and acquired the rights.
The second highest bid was made by Sony Television, who were willing to pay ₹ 11,050 crores, for the rights. However, it is noteworthy that Sony’s bid was for audience only in India, where Star made a global bid. The third highest bid was made by Facebook worth ₹ 3,900 crores for the digital content.
“We believe the IPL is a very powerful property, and we believe there is lots more value that can be created for fans of cricket on digital and TV”, Uday Shankar, the chairman of Star India, said.
“We would remain committed to ensure the growth of sports in this country continues to be driven by the power of cricket,” he added.
As always, Twitteratis reacted to this news in their own funny style. Check out some of the best tweets:
— Lalit Kumar Modi (@LalitKModi) September 4, 2017
Sab kuch Star Sports pe aayega ab 😂😂😂
— Saurabh Malhotra (@MalhotraSaurabh) September 4, 2017
BCCI RN. pic.twitter.com/TbVUbcUj9Y
— Clive (@vanillawallah) September 4, 2017
That's roughly US$ 2.5 billions, with a B!
— Dhaval Panchal (@dhavalmpanchal) September 4, 2017
I'm I the only one who's excited about Mayanti Langer doing the IPL anchoring? #IPLMediaRights
— V. (@iLazyLad) September 4, 2017
Star pays almost 4X for IPL. I think, they will introduce two more strategic time outs.
— Jalandar (@jalandar_) September 4, 2017
16,347 crore Rupees to curb the menace of Exxxtra Innings.
— Pritam Sharma (@VanDiablo) September 4, 2017
54 crore rupees per match is what star will pay if my calculator is doing the math right #IPLMediaRights
— Gaurav Kalra (@gauravkalra75) September 4, 2017
Star Sports bags the #IPLmediaRights . Meanwhile, Sony Max retains the rights of Sooryavansham.
— Keh Ke Peheno (@coolfunnytshirt) September 4, 2017
Critics of IPL need to go into main-vrat & prayaschit. IPL enables India to rule world cricket, even taking ICC-CoA buddyship in its stride https://t.co/Msl8ekC6w5
— Shekhar Gupta (@ShekharGupta) September 4, 2017
— Cricketwallah (@cricketwallah) September 4, 2017