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Home Blog

Delhi Premier League’s base price is a steal considering its potential for returns and visibility

by Indranil Basu
19/07/24 | 05:07 pm | Friday
in Blog
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Delhi Premier League’s base price is a steal considering its potential for returns and visibility

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The base price of Rs 8 crore for purchasing a team in the Delhi Premier League seems to be generating significant interest, especially among business houses and corporate entities. This selling price is cheaper than anticipated, making it an attractive opportunity for potential buyers looking to invest in both men’s and women’s teams.

Comparatively, although higher than some other state leagues like Uttar Pradesh which presumably have lower base prices, the DPL rate is still considered a steal due to its potential for returns and visibility in a prominent city like Delhi. This competitive pricing is likely to stimulate a healthy competition among potential buyers, ensuring a robust participation and possibly elevating the league’s profile within the cricketing landscape.

It looks like the DPL is set to be a significant event, not just for cricket but also as a branding opportunity for corporate entities. The provision where the top four bidders will also secure women’s teams out of the total six teams emphasizes a commitment to gender parity and inclusivity in the league. The last date of submission of the DPL team bids is on July 26 and they would be opened two days later.

Being located in the national capital adds a unique prestige and visibility to the league, likely attracting heightened attention and interest from fans, sponsors, and media alike. This geographical advantage positions the league to potentially achieve breakthroughs in terms of viewership, sponsorship deals, and overall impact on the cricketing landscape.

Even if the highest bidder crosses the Rs 20 crore mark, the league’s appeal and visibility seem assured, suggesting that investment in such a platform goes beyond mere financial considerations. It underscores the strategic value of associating with a high-profile sporting event based in a key metropolitan area like Delhi. Overall, the DPL appears poised to not only showcase competitive cricket but also to leverage its location and structure for broader cultural and commercial impact.

The presence of Delhi’s cricketing icons like Virat Kohli, Rishabh Pant, Shikhar Dhawan, and other IPL stars from the national capital region would undoubtedly add significant allure to the DPL. These players not only bring star power and fan following but also possess the ability to impact the league’s standing in terms of viewership, sponsor interest, and overall marketability. There shall be a cap of Rs 80 lakhs as a total combined fee for the players of a franchisee. The icon player could make upto Rs 10 lakh for the season.

Having Delhi’s cricket stars play a role in DPL would indeed be the icing on the cake, solidifying its status as a premier cricketing event with widespread appeal and impact. Kohli, in particular, being one of the biggest names in world cricket, would attract considerable attention wherever he plays. Pant’s explosive batting style and recent successes would also draw fans to the league. Dhawan’s experience and popularity further enhance the league’s appeal, especially among local fans who admire their hometown heroes.

The involvement of these star players could potentially drive up the league’s value and elevate its profile, making it a more lucrative proposition for sponsors and investors. Their participation not only boosts the competitive level of the league but also enhances its cultural significance within Delhi and beyond. They could also bid for teams like Kohli or Indian coach Gautam Gambhir showing his interest off and on to invest in different sports properties.

Who knows what’s in store?


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