Every cricket playing nation now has its own T20 league. And thanks to the cricket fans, these leagues have quickly become more and more popular. And where there is popularity, the money follows. Cricket Leagues have their pockets filled with broadcasting rights, brand deals, ticket sales, and many more. Now let’s count down the list of five richest cricket leagues in the world.
5. Caribbean Premier League (CPL)
After their decline in test and ODI cricket, West Indies was re-born thanks to their T20 cricket. In terms of the shortest format of the game, the 2 times World T20 champions are now the best in the business. The Caribbeans have some of the biggest guns in the T20 form, such as Andre Russell, Chris Gayle, Pollard, and Dwayne Bravo. So it is no surprise that in 2013, they started their own league, named Caribbean Premier League (CPL). Its estimated brand value is about $102 million in 2018 and currently, Hero MotoCorp – India’s leading automobile brand – is their title sponsor. Shahrukh Khan’s investment in the Trinbago Knight Riders has also helped the competition gain a lot of popularity.
4. Pakistan Super League (PSL)
In spite of their issues of hosting games in Pakistan, the PCB has succeeded in running Pakistan Super League (PSL) smoothly for four seasons. The PSL started in 2016 when the commercial rights were sold to the initial five franchises for $93 million for 10 years.
Since then, the league has grown very fast with its market value reaching up to $300 million in 2017 and its first season gaining profit of $2.6 million, according to the PCB.
Habib Bank Limited (HBL) has been the PSL’s title sponsor since the start and renewed their contract last year for $14.3 million for the span of three years.