India, May 13 -- The era of stratospheric price tags on sports media rights may finally have hit a ceiling. Even amid the sale of IPL franchises for eye-popping figures, the IPL's valuation may have hit a plateau as the media rights of India's premier cricket tournament are unlikely to rise beyond the last value of $5.4 Bn, per a report by Media Partners Asia.

Meanwhile, one of the biggest events in sports is facing a deadlock over media rights. The FIFA World Cup has yet to find a broadcast partner in India even as this year's edition is only weeks away with FIFA being forced to reevaluate its initial asking price of over $100 Mn. Questions are even being asked about whether the English Premier League in football can sustain its status ...