So I read a good article on cricketmonthly.
Link - http://www.thecricketmonthly.com/story/1124714/are-t20-leagues-making-money
So basically apart from Indian Premier League all the other leagues are facing quite an amount of loss. The article mentions BBL has made a $33 million loss in its initial 5 year, BPL although it makes a modest profit each team lose $1- $1.5 million every year. PSL made a profit of about $2.5 but each team is losing $1 million each year. CPL is still not making any money and SA's T20 GL has already been postponed for next year. ECB is coming up with a T20 league from 2019-2020.
Do you think instead of that #33 million loss that money could have been invested into better cricketing infrastructure? Or actually helping upcoming nations?
What are your views?
Link - http://www.thecricketmonthly.com/story/1124714/are-t20-leagues-making-money
So basically apart from Indian Premier League all the other leagues are facing quite an amount of loss. The article mentions BBL has made a $33 million loss in its initial 5 year, BPL although it makes a modest profit each team lose $1- $1.5 million every year. PSL made a profit of about $2.5 but each team is losing $1 million each year. CPL is still not making any money and SA's T20 GL has already been postponed for next year. ECB is coming up with a T20 league from 2019-2020.
Do you think instead of that #33 million loss that money could have been invested into better cricketing infrastructure? Or actually helping upcoming nations?
What are your views?