The Indian Premier League (IPL) is the richest and most influential cricket league in the world, redefining the sport with its unmatched revenue, global fan engagement, and star-studded competition. Since its inception in 2008, the IPL has transformed franchise cricket, blending entertainment with high-quality cricket and attracting the biggest names in the game.
With billions in revenue, massive viewership, and passionate fan bases, the league continues to set new benchmarks each season. From thrilling last-over finishes to record-breaking performances, the IPL has become a global cricketing spectacle, drawing top talent and investments from around the world.
In this article, we take a look at the richest cricket leagues, how they became so popular, and their impact on the game.
Top Cricket Leagues In The World Right Now
Here are some of the top cricket leagues worldwide, ranked based on various factors:
League | Country | Established Year | Board | Value |
---|---|---|---|---|
Indian Premier League (IPL) | India | 2008 | Board of Control for Cricket in India (BCCI) | $10.9 Billion |
International T20 League (ILT20) | UAE | 2023 | Emirates Cricket Board (ECB) | $15 Million |
SA20 League | South Africa | 2023 | Cricket South Africa (CSA) | $12.5 Million |
Big Bash League (BBL) | Australia | 2011 | Cricket Australia (CA) | $10 Million |
The Hundred | England | 2021 | England and Wales Cricket Board (EWCB) | $9 Million |
Major League Cricket (MLC) | USA | 2023 | American Cricket Enterprise | $6.9 Million |
Pakistan Super League (PSL) | Pakistan | 2016 | Pakistan Cricket Board (PCB) | $5.7 Million |
The key factor that sets each T20 league apart is its revenue and overall value on the global stage.
The Indian Premier League (IPL) remains far ahead of other leagues in terms of financial strength and popularity. However, its success has inspired other cricket boards under the International Cricket Council (ICC) to adopt the franchise league model, leading to the successful launch of several T20 leagues worldwide.
Let’s take a detailed look at each league:
1. Indian Premier League (IPL)
League | Indian Premier League (IPL) |
Format | T20 |
Number of teams | 10 |
Administrator | BCCI |
Annual Revenue | $10.9 Billion |
Country | India |
The Indian Premier League (IPL) is the leading and most prestigious T20 franchise league. Since its inception in 2008, it has grown significantly, not just in terms of revenue but also with the addition of new teams, further expanding its reach and popularity.
Beyond its overall value, the IPL also leads in key aspects such as total revenue generated, broadcasting rights, and franchise team valuations, making it the most dominant league in the cricketing world.
2. International T20 league (ILT20)
League | International T20 League (ILT20) |
Format | T20 |
Number of teams | 6 |
Administrator | ECB |
Annual Revenue | $15 Million |
Country | UAE |
The Emirates Cricket Board (ECB) launched the International League T20 (ILT20) in 2023, and it has successfully completed three seasons so far.
The strategy of allowing franchise owners and management to acquire teams has worked well, with IPL franchises like Mumbai Indians, Kolkata Knight Riders, and Delhi Capitals owning teams in the ILT20.
What sets this league apart and places it just below the IPL is its high-paying player contracts and the added advantage of UAE being a tax-free country, making it an attractive destination for cricketers.
3. SA20 League
League | SA20 League |
Format | T20 |
Number of teams | 6 |
Administrator | CSA |
Annual Revenue | $12.5 Million |
Country | South Africa |
The SA20 League is South Africa’s premier T20 competition, organized by Cricket South Africa (CSA), and is currently running successfully in its third consecutive year.
Similar to the ILT20, significant investment from IPL franchises has boosted the league’s popularity and strengthened the teams, making it a key player in the global T20 circuit.
4. Big Bash League (BBL)
League | Big Bash League |
Format | T20 |
Number of teams | 8 |
Administrator | CA |
Annual Revenue | $10 Million |
Country | Australia |
The Big Bash League (BBL), conducted by Cricket Australia (CA), has become one of the most popular and highly followed T20 leagues in the world.
With the participation of top international and domestic players, the league has gained immense popularity and excitement among fans.
The BBL season usually starts in December and concludes in January of the following year. Known for its electrifying atmosphere, thrilling matches, and unique innovations like the Power Surge, the league continues to grow in stature. The tournament has also played a crucial role in developing young Australian talents, providing them with a platform to shine on the global stage.
5. The Hundred
League | The Hundred |
Format | 100 ball competition |
Number of teams | 8 |
Administrator | EWCB |
Annual Revenue | $9 Million |
Country | England |
In 2021, the England and Wales Cricket Board (ECB) introduced a new franchise tournament, The Hundred, featuring a 100-ball format instead of the traditional T20 structure.
This unique approach has been successful so far, attracting top players and a strong fan following. One of its key highlights is the parallel conduction of both men’s and women’s competitions, promoting equal opportunities and boosting the popularity of women’s cricket. The tournament’s fast-paced nature and innovative rules have added a fresh dimension to the game, making it an exciting addition to the global cricket calendar.
6. Major League Cricket (MLC)
League | Major League Cricket (MLC) |
Format | T20 |
Number of teams | 6 |
Administrator | American Cricket Enterprises |
Annual Revenue | $6.9 Million |
Country | USA |
Cricket is gaining increasing popularity in the USA, and one of the key reasons for this rise is the emergence of Major League Cricket (MLC).
The league has attracted significant attention, especially with the involvement of IPL franchise-owned teams, adding to its credibility and appeal. The presence of star players like Steve Smith, Glenn Maxwell, and Faf du Plessis has further boosted its popularity, making it a promising platform for cricket’s growth in the region.
With a strong foundation and global interest, MLC is set to play a major role in expanding the sport in the United States.
7. Pakistan Super League (PSL)
League | Pakistan Super League (PSL) |
Format | T20 |
Number of teams | 6 |
Administrator | PCB |
Annual Revenue | $5.7 Million |
Country | Pakistan |
The Pakistan Super League (PSL) began in 2016 under the management of the Pakistan Cricket Board (PCB). Initially, the tournament was hosted in the UAE, but in recent years, it has been consistently held in Pakistan.
The league features numerous international players, adding to its competitiveness and global appeal. Over the years, PSL has seen significant growth, both in terms of popularity and the quality of cricket, making it one of the top T20 leagues in the world.
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Conclusion: The Indian Premier League Is The Richest Cricket League In The World Today!
T20 franchise leagues have transformed cricket into a global spectacle, drawing huge investments, top players, and passionate fans. Leading the way is the Indian Premier League (IPL), the richest and most influential league in terms of revenue, fan engagement, and impact.
Other leagues are also thriving—ILT20 (UAE) offers tax-free contracts, SA20 (South Africa) is backed by IPL franchises, and BBL (Australia) is known for innovation. The Hundred (England) introduced a 100-ball format, while PSL (Pakistan) and MLC (USA) continue expanding.
With each league adding its own flavor, T20 cricket is more competitive and entertaining than ever.