The BCCI will start earning an incredible Rs 49 lakh (approximately) from every ball bowled and Rs 2.95 crore for each over in the lucrative league after selling the Indian Premier League (IPL) TV rights for the 2023–2027 cycle for a staggering Rs 48,390 crore for 410 matches.
Every IPL game starting in 2023 will contribute to the richest cricket board in the world earning Rs 118 crore, or nearly two times (1.96 times) the revenue from an India home game.
According to a five-year contract of Rs 6,138 crore that Star India secured in 2018, the average cost of each home game for India is Rs 60 crore.
Notably, during the previous cycle from 2018–22, the BCCI made about Rs 55 crore from each IPL game.
In a groundbreaking three-day e-auction held by the BCCI, Viacom18 won the digital property of the Indian Premier League for the Indian subcontinent's 2023–27 cycle, while Disney-Star kept the TV media rights.
Package A, the winning bid from Star for TV rights, cost Rs 23,575 crore (Rs 57.5 crore per match), while Packages B and C, the winning bid from Viacom18 for exclusive digital rights, cost Rs 23,758 crore. In Package D, Viacom 18 also received the rights for Australia, South Africa, and UK territories, while Times Internet received the MENA and US.
IPL media rights 2023 list
Indian Premier League (IPL) media rights auction: Star India won the e-auction for the 2023–2027 cycle of the IPL broadcast media rights.
what is the name of the Indian cricket control board India?
Cricket in India is governed by the Board of Control for Cricket in India (BCCI). Its main office is located in Mumbai's Wankhede Stadium. The National Sports Federation of India does not have jurisdiction over the BCCI because it is an independent organization.
What is Bcci? Definition of Bcci and Bcci Meaning
It is currently 30 full-time employees strong, and it is worth Rs 3,308 crore. The BCCI neither has a corporate structure nor does it adhere to one like other international sports organizations. Additionally, it does not adhere to corporate governance laws. Up until around 2006, the board met at the home of whoever was president. Its former headquarters were a one-and-a-half-room office building next to the Brabourne Stadium in Mumbai. The brand-new stone and glass Cricket Centre at the Wankhede Stadium serves as the BCCI's current home. If you want to get more information like this then stay connected with us. Bgnius is bringing new information every day. Our topics include the entertainment world, health-related advice, travel destinations, news, and digital world talk. You will get correct information from us in very simple language. So stay connected with us and be knowledgeable.
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