CRICKET
‘Share market main list kara do IPL ko…’ – Fans react as IPL witnesses 80 percent growth in its brand value
The brand value of the Indian Premier League (IPL) has seen a jump this year compared to 2022. Last year, it was valued at 14,688 crores INR. This time around, it is valued at 26,438 crores INR. The study has been done by the Global investment bank Houlihan Lokey, Inc. The results were issued on Monday, July 10. The company advises corporations regarding financial reporting, tax, and strategic planning initiatives.
They also consult on purchase price allocation (valuation of all acquired assets and liabilities), equity valuations for stock, and tax entity valuation for restructuring. Meanwhile, the massive surge in IPL’s brand value was due to the TV and online streaming rights than went for more than 40000 crores INR combined
“Created on the American style of franchise-based systems of hiring players, the IPL has established itself as a hugely lucrative sports league, along similar lines as the NFL and the NBA,” says Harsh Talikoti, Senior Vice President, Corporate Valuation Advisory Services at Houlihan Lokey, in the report.
The report also mentioned the growth of digital platforms making an impact in favor of sports consumption. Notably, after the tournament experienced viewership decline on digital platform last year, the Jio Cinema decided to make viewership free for the fans.
“Besides the exponential growth in brand and business enterprise valuation of the IPL and the franchisees, it is interesting to note the prominent shift towards acceptance of digital platforms for sports consumption. Viacom18’s strategic push towards promoting digital viewership in India has undeniably reignited the much-needed excitement surrounding the IPL.
The television viewership numbers were also encouraging: Houlihan Lokey
“This shift is evident in the remarkable viewership numbers witnessed during the current season on Viacom18’s OTT platform, JioCinema. However, Disney Star’s television viewing numbers were also very encouraging this year, achieving record levels,” added Talikoti
This is how Twitter reacted
Rcbians are unreal
— ꜱᴘɪᴅᴇʏシ︎ (@AnushSpidey1) July 12, 2023
Without Pakistan players IPL is growing 🔥
— 𝐂𝐫𝐢𝐭𝐢𝐜 𝐑𝐚𝐣𝐚 (@kirikraja) July 12, 2023
https://twitter.com/SACHINP66986272/status/1679005799769677831?s=20
That’s all bcoz of the marketing efforts and the increasing passion for the game
— Nitin jain(Sachinsuperfan) (@NitinSachinist) July 12, 2023
Share market main list kara do IPL ko… 🔥
— Sunny 😎 (@being_sunny1) July 12, 2023
The reason pic.twitter.com/1S7rZut1TD
— MSD._.GOD𓃵 (@KunalBishwal18) July 12, 2023
Dhoni and csk winning means instant profit 😎🔥
— Jayprakash MSDian™ 🥳🦁 (@ms_dhoni_077) July 12, 2023
Bigger than icc aIready
— Rahul Patil (@BottomHandSix) July 12, 2023
Thala impact pic.twitter.com/Hhsr5u4dxt
— shivani 🌻 (@shivaniiTheBoss) July 12, 2023
IPL has got bigger and interesting due to auction. If other leagues was to change their gear and want growth they should also move to auction strategy. It is a like of star players. But no league can come closer to IPL. But IPL matches should not exceed more
— Sports syncs (@moiz_sports) July 12, 2023
BIG NEWS
Janakpur Bolts Clinch Victory in Inaugural Nepal Premier League Final
Nepal Premier League Final! Janakpur Bolts clinched the inaugural Nepal Premier League title by defeating Sudurpaschim Royals in a thrilling final. The Bolts showcased remarkable resilience, chasing down a target of 187 runs with five wickets in hand at the TU International Cricket Ground.
Sudurpaschim Royals, batting first, set a competitive total of 184 for nine wickets, led by Saif Zaib and Binod Bhandari. Zaib scored a solid 69 runs, while Bhandari added a crucial 41. However, their middle order failed to capitalize on a strong start, succumbing to disciplined bowling from Janakpur’s attack.
Kishor Mahato and Mohammad Mohisin starred with the ball for Janakpur, each claiming three wickets. Lalit Rajbanshi bowled an exceptional spell, conceding just 15 runs, including a maiden over. Their efforts restricted Sudurpaschim from posting a more imposing total.
In response, Janakpur’s Lahiru Milantha led the charge with a stunning 87 runs off 49 balls, including six fours and as many sixes. His innings anchored the chase, despite early pressure from Sudurpaschim’s bowlers. Aasif Sheikh, the Janakpur captain, played a vital supporting role, ensuring a composed finish.
This victory is a milestone for Nepali cricket, highlighting the league’s competitiveness and its potential to elevate local talent. Fans celebrated the intense final, hopeful for the league’s promising future.
CRICKET
Captains Gear Up for NPL Final Showdown
The stage is set for the highly anticipated NPL final between Sudurpaschim Royals and Janakpur Bolts at TU International Cricket Ground. Both captains expressed their excitement and shared their strategies during a pre-match press conference, building anticipation for the thrilling clash in the NPL Final.
Sudurpaschim Royals captain Dipendra Singh Airee stressed the importance of maintaining consistency and playing with determination. He assured fans the team was fully prepared to deliver their best performance. Airee highlighted teamwork as the key to their successful journey to the final.
Janakpur Bolts captain Aasif Sheikh reflected on their previous losses to Sudurpaschim but emphasized a strong mental approach for the final. Sheikh urged his players to focus on executing their skills under pressure and remain confident despite the challenges. He also acknowledged the significance of fan support, calling on supporters to cheer positively for both teams.
Both captains praised the contributions of Nepali players in their squads, emphasizing their pivotal role in the tournament’s success. They also encouraged a spirit of sportsmanship and appreciation for the growing standards of Nepali cricket.
The final promises an exhilarating contest as two formidable teams compete for the championship title. Fans can expect a captivating battle between Sudurpaschim’s consistency and Janakpur’s determination. The match is scheduled to start at 12:15 PM, with cricket enthusiasts eagerly awaiting the outcome.
CRICKET
Janakpur Bolts Secure Spot in NPL Final to Face Sudurpaschim Royals
Janakpur Bolts in the NPL final! Janakpur Bolts defeated Karnali Yaks by two wickets in the Nepal Premier League (NPL) Qualifier 2 to secure their spot in the final. Chasing a modest target of 119 runs, Janakpur overcame early setbacks and achieved victory in 19 overs, finishing with eight wickets down.
New Zealand batter Jimmy Neesham played a pivotal role, scoring a rapid 45 runs off just 17 balls. His innings included two fours and five sixes before being dismissed by Bipin Sharma. Contributions from Mayan Yadav (14 runs) and Sher Malla (16 runs not out) also proved crucial in the lower order.
Earlier, Karnali Yaks struggled to post a competitive total, managing only 118 runs for the loss of nine wickets in 20 overs. Gulshan Jha top-scored for Karnali with 25 runs off 20 balls, while Dev Khanal added 24. Janakpur’s bowlers, including Lalit Rajbanshi, Jimmy Neesham, and Muhammad Mohsin, each picked up two wickets to restrict the opposition.
Janakpur’s journey to the final wasn’t without challenges. They suffered a defeat against Sudurpaschim Royals in Qualifier 1, forcing them into this must-win game. Despite an unsteady start, with key players like Aasif Sheikh and Lahiru Milantha departing early, the team showed resilience under pressure.
The final, set for Saturday, will feature Janakpur Bolts facing Sudurpaschim Royals in what promises to be an intense battle. Both teams, having proven their mettle throughout the season, are eager to clinch the prestigious NPL title.
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