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While searching on Internet for the economics of IPL (the Indian Premier League, which is roughly modelled on EPL and NBA), I found this wonderful article in Deccan Herald. Read On -How much BCCI will earn?* The bidders pay only 10 per cent of the price they offered to buy each team, which means Mukesh Ambani???s Reliance Group needs to pay a little over Rs36 crore for the first year, with similar
Reality Is A Farce... 