Business | A near miss

Disney loses its Indian Premier League streaming rights

Phew

A food delivery worker cycles past the bus of Indian Premier League's (IPL) Chennai Super Kings in Mumbai on March 24, 2022. (Photo by Indranil MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images)
|Singapore

The indian premier league (ipl) is awash with cash. cvc Capital, a European buy-out firm, paid $750m for the Gujarat Titans, one of the cricket extravaganza’s newest teams. In an auction ahead of this year’s competition, which concluded last month (with the Titans’ victory), the ipl’s ten sides splurged $71m on 204 players, five times the amount spent five years ago (when there were eight of them).

This article appeared in the Business section of the print edition under the headline “Bowled out”

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