Business Standard

Sunday, December 22, 2024 | 06:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

BCCI to rake in Rs 5,000-7,000 crore from sale of two new IPL teams

Bid price for IPL's media and digital rights expected to double to Rs 32,694 crore in 2023

IPL
Premium

Rishabh Pant during the T20 World Cup match between India and Pakistan

Surajeet Das Gupta New Delhi
It will be raining money for the Board of Control for Cricket in India (BCCI), the country’s apex cricketing body, as two new team franchises of the Indian Premier League (IPL) go under the hammer on Monday. The new owners will be declared in Dubai by the end of day. 

According to estimates, BCCI is expected to rake in an additional Rs 5,000-7,000 crore from the sale of the two new teams, apart from an additional Rs 450 crore plus from its share of broadcasting and sponsorship revenues in 2022. That’s because the number of matches in the tournament will

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in