The Indian Premier League, in terms of financial power, is the biggest tournament in the world and is easily one of the most watched sporting franchises in the world. The league even rubs shoulders with the Premier League on the strength of a worldwide audience and an attractive fan base in all corners of the world.
The new season is just around the corner as 10 teams will battle it out to win the biggest prize in franchise cricket. The IPL is a men’s Twenty20 (T20) cricket league that is annually held in India.
The league was founded by the Board of Control for Cricket in India in 2007 and is contested by ten city-based franchise teams. The IPL is usually held in summer between March and May every year.
The IPL has a huge financial pool and generates the highest income in franchise cricket. Its TV deal in 2023 saw them bag more than $100 million and a large chunk of its income comes through its TV and digital rights sales which are currently held by Star Sports (TV) and Jio Cinema (Digital). According to a report, one IPL match is currently valued at more than $15 million.
The IPL is one of India’s most attended events and the most important requirement to enter a stadium is an IPL ticket. Most people purchase IPL tickets in advance and go to the stadium to watch live cricket matches and cheer on their team.
There’s also the small matter of placing bets on matches.
Loads of bookies can be seen running ads and placing strategic banners promoting the top Indian betting offers close to IPL ticket stalls and websites.
Cost of IPL tickets
The costliest tickets for IPL are usually those for VIP boxes, which provide the best seats in the house as well as access to upscale facilities like catering and private lounges.
Premium seating, in-aisle access, and special access to specific areas of the venue are all common features of VIP box tickets. The hype around each match may also have an impact on ticket prices, with in-demand matches typically selling for more money.
Conversely, tickets for IPL matches are generally available at a range of rates, with the cheapest tickets starting at a few hundred rupees and the most expensive tickets costing several thousand rupees. The best places to check for the available prices if you are interested in buying IPL VIP box tickets for the 2024 season are the official IPL website and ticketing partners. Buy tickets from reputable sources to stay away from scams and guarantee the best experience.
Despite the increase in ticket prices for both practice matches and league matches in different match centres, huge rushes have been recorded across board. People have retained strong interest in purchasing tickets, with the tickets for practice matches being sold out quickly as a consistent flow of people buy league match tickets daily.
Recent IPL ticket prices
In 2019, spectators were able to watch practice matches at the Chinnaswamy Stadium in Bangalore without purchasing any tickets. But just over a year ago, they had to buy a ticket that cost INR. 999. Also, the basic ticket price for a league match surged to INR.2400 from INR.700. These prices apply to both box office purchases and online ticket sales.
The price range of tickets for the 2024 season is set to be out this March has not yet been determined but with fan interest not diminishing and prices being hiked annually, increased figures can be expected. Tickets for the IPL 2024 matches are expected to range from INR 400 to INR 9000 which is a cumulative upgrade to last year’s tickets which were INR 400 to INR 2,500.
IPL ticket prices vary depending on multiple factors, such as the city, team popularity, seating category, and the importance of the match. These variables contribute to the diversity in ticket prices, allowing fans to choose from a wide range of options based on their preferences and budgets. Consequently, there will always be suitable prices for each fan based on what they can afford and this is bound to always rake in record revenues for the franchise in the coming years.
