Overview
- The D&P Advisory report pegs the IPL ecosystem at $8.8 billion (₹76,100 crore) for 2025, down from $9.9 billion in 2024 and off the 2023 peak of $11.2 billion.
- The firm attributes the decline to media-rights consolidation after the Reliance–Disney deal reduced bidding rivalry, plus the real-money gaming advertising and sponsorship ban.
- Losses tied to the gaming category are estimated at ₹1,500–2,000 crore per year, contributing to a roughly ₹16,400 crore erosion in value over two years.
- Audience reach remains strong with more than 1 billion viewers in 2025, digital viewership surpassing TV for the first time, and JioStar reporting 1.19 billion uniques and a 55.2 million peak concurrency.
- The report flags pressure on BCCI, broadcasters and franchises, notes a modest WPL valuation dip to ₹1,275 crore despite sharp viewership gains, and recommends broader sponsor mixes, new digital monetisation models and courting global streamers to restore competitive tension.