The BCCI is undoubtedly the richest cricket board in the world. Given the immense popularity of cricket in India, no other cricket body in the world can claim to be even half as wealthy as the BCCI. You might be curious about the BCCI’s net worth. Here are the full details of their income.
What is BCCI’s Net Worth in rupees?
The BCCI’s net worth is estimated at 2.25 billion (close to Rs 19,000), according to NDTV. In the 2019-2020 financial year, the BCCI’s total income was estimated to exceed Rs 3,730 crore. This included Rs 2,500 crore from the IPL, Rs 950 crore from bilateral series with other countries, and Rs 380 crore over eight years from its share of ICC revenue. In the financial years 2021-2022 and 2022-2023, the BCCI’s earnings were Rs 4,542 crore and Rs 6,558 crore, respectively.
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BCCI earning from IPL
IPL global rights were given to Star India for Rs 16,347.5 crore between 2018 and 2022. This agreement extends to 410 games between 2023 and 2027.
For a five-year deal, it cost Rs 3270 crore annually in 2018. However, in 2023, the combined deal for TV and internet rights earned BCCI an incredible Rs 9768 crore annually for the IPL.
BCCI Sponsorship Rights
The BCCI receives enormous revenue from sponsorship rights as well. From 2023 to 2027, Viacom18’s Sports18 TV station and OTT platform JioCinema will serve as the official broadcasters of the BCCI.
With the exception of the IPL and Women’s Premier League, which are sponsored by TATA for the 2022–2023 season, IDFC First Bank will serve as the title sponsor for all bilateral series in India and domestic competitions starting in September 2023. Adidas will serve as the kit sponsor beginning in June 2023, paying an incredible Rs 75 lakh per match. The BCCI receives a whooping Rs 4.2 crore every match from IDCI bank. Dream 11 is among the BCCI’s official partners as well. In exchange for a three-year contract, Dream11 has given BCCI Rs 358 crore.
Ticketing rights and merchandise sale
An other source of revenue for the BCCI is ticket sales. The BCCI declared in August 2023 that BookMyShow would serve as the ticketing portal for the 2023 ICC Men’s Cricket World Cup. Paytm was revealed as the IPL playoffs’ ticketing partner earlier this year. In order to be designated as the official ticketing partner, these platforms must provide a specific financial payment to the board.
Another source of revenue for the BCCI is the sale of cricket memorabilia, team shirts, and other items. These items are quite profitable to license.
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