BCCI's 2022-23 annual report shows that IPL 2023 revenue surged 78% year-on-year to Rs 11,769 crore, with expenses increasing 66 per cent to Rs 6,648 crore
In a noble gesture, the BCCI on Sunday decided to release Rs one crore for the treatment of former India coach Anshuman Gaikwad, who is battling blood cancer at a medical facility in London. BCCI's decision has come following emotional appeals for support from former captain Kapil Dev and Sandip Patil, who had enjoined the cricket board to help Gaikwad. "Mr. Jay Shah has instructed the Board of Control for Cricket in India (BCCI) to release Rs 1 crore with immediate effect to provide financial assistance to India's veteran cricketer Mr Anshuman Gaekwad, who is battling cancer," BCCI apex council said in a statement. Gaekwad, son of former India captain D K Gaekwad, is undergoing treatment for blood cancer at the King's College Hospital in London. "Shah has also spoken to Mr Gaekwad's family to take stock of the situation and extend support. The board stands by Gaekwad's family in this hour of crisis and will do whatever is essential for Mr Gaekwad's quick recovery," the statement
Former India opener Gautam Gambhir loves the IPL, and the quality of cricket it produces, but doesn't want the franchise-based T20 league to become the pathway to the Indian team for youngsters. Speaking on Ravichandran Ashwin's YouTube show, 'Kutti Stories with Ash', Gambhir said, "The bigger concern that arises is about how many youngsters want to play Test cricket for India. I hope the IPL is not a shortcut to play for India." The Kolkata Knight Riders team mentor also asserted that the IPL has benefitted the Indian domestic cricketers. "Today, when I look at international T20 sides, apart from 2-3 teams, I don't see enough competition when it comes to playing for India," he said. "Not many teams can match the quality that India has. So, I feel that in today's day and age, IPL has become far more competitive than international T20 cricket. "Just the quality of the domestic players has changed, the way domestic players want to play in the IPL and the way they work around T20 cri
Byju's gave this response when the NCLT inquired about the company's current status during the hearing of the insolvency plea filed by BCCI against the company
This new development comes months after Byju's announced that it plans to end sponsorship of the Indian cricket team jersey, as it focuses on profitability
The BCCI will earn USD 230 million with its 38.5 percent of share in ICC's total revenue in the 2024-27 cycle. PCB has expressed displeasure at being offered just 5.75 percent of the overall sum
The BCCI's share of USD 230 million from the ICC's annual revenue will get approval from the global body during its annual board meeting in Durban where it will also discuss ODIs' future and capping on participation in T20 leagues. The members are also expected to get an update on preparations with regards to the ICC T20 World Cup in the West Indies and United States next year. Revenue Model ========= One of the topics on agenda is the revenue distribution model and while India's neighbours Pakistan had some issues with the country getting the lion's share of 38.5 percent (USD 230 million annually) from ICC's annual revenue of USD 600 million for the period between 2024-2027, it is understood that it will get the board's approval without any fuss. The all-powerful Financial & Commercial Affairs (F&CA) committee will give an approval and the rest will be a formality at the Board of Directors meeting. "Look, if one tries to go by percentages, the revenue distribution might look .
BCCI eyeing Rs 10-11 crore per match for 2023-27 cycle, say sources; broadcasters Disney-Star, Viacom18, Sony-Zee may step into fray for rights
IPL is the golden goose that helps fund tours and infrastructure for India A teams and several other age group cricket.
On an average the BCCI earns Rs 67 crore from every match broadcast. It earned Rs 4,000 crore from the IPL in 2020 and was expected to earn a similar amount this time
Previously, the BCCI was drawing an amount of $570 million due to its 'Big Three' formula