Thu May 29 16:10:00 UTC 2025: Okay, here’s a news article based on the provided text, focusing on the financial aspects of winning the IPL:

**IPL Championship: More Than Just Glory, a Financial Jackpot for Owners**

**NEW DELHI:** The Indian Premier League (IPL) is a cricketing extravaganza, but beneath the surface lies a sophisticated and lucrative business model. While players and fans celebrate on-field victories, it’s the team owners who often reap the most significant financial rewards.

While the winning team receives a substantial prize money of ₹20 crore, and the runner-up gets ₹12.5 crore the financial benefits for team owners extend far beyond this amount. The prize money remains the same as last year, with the third and fourth-placed teams receiving ₹7 crore and ₹6.5 crore respectively.

Official figures regarding owners’ specific earnings remain undisclosed, but it’s widely understood that the prize money is just one piece of the revenue pie.

**Multiple Income Streams for Owners:**

IPL team owners generate income through diverse channels, including:

* **Sponsorships:** Revenue generated from sponsorships displayed on team jerseys, kits, and other promotional materials.
* **Media Rights:** A significant portion of revenue is earned from broadcasting rights for live matches.
* **Ticket Sales:** A substantial portion of revenue is earned from ticket sales for live matches.
* **Merchandise:** Sales of team-branded merchandise, such as T-shirts and other fan apparel, contribute to the overall income.

It’s important to note that the Board of Control for Cricket in India (BCCI) divides the IPL revenue with the team owners.

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