BCCI Posts Record Revenue Of Rs 9,741.7 Crore , IPL Paid The Most Money

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BCCI made a staggering income, IPL paid the most money

BCCI Posts Record Revenue Of Rs 9,741.7 Crore , IPL Paid The Most Money : BCCI made a staggering income, IPL paid the most money . The data on how much revenue the world’s richest cricket board, BCCI Board of control for cricket in india earned in the financial year 2023-24 has come to light. In the financial year 2023-24, the BCCI earned a record Rs 9,741.7 crore. The IPL is the biggest contributor to this income.

59% of the total revenue came from the IPL. The BCCI earned Rs 5,761 crore from the IPL, while it earned an additional Rs 361 crore from non-IPL media rights. Rediffusion has released a report on the eye-popping income of the BCCI.

BCCI Posts Record Revenue

“BCCI has immense potential to commercialise traditional formats like Ranji Trophy, Duleep Trophy, or CK Nayudu Trophy to shore up non-IPL revenues. Moreover, the board has close to ₹30,000 crore in reserves, which brings in about ₹1,000 crore a year in interest alone. These revenues aren’t just sustainable—they are poised to grow 10–12 per cent annually, thanks to expanding sponsorships, media deals, and matchday earnings.,” said Sandeep Goyal, Chief of Rediffusion.

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Ajimon Francis, Managing Director at Brand Finance India, said that the revenue performance by IPL shows that BCCI has created a good business model. On the flipside, an interruption in IPL revenues can also mean a big hit for BCCI. This year, the league was interrupted due to Operation Sindoor, when some events were briefly halted. However, Francis argued that the IPL performance remained “hunky-dory” despite the temporary halt. He also pointed out that other leagues of BCCI like WPL also drive sponsors, from whom there is significant demand.
“The point is, so what if IPL makes for the bulk of BCCI’s revenue? It’s just a portfolio of revenues, some do better, some do not,” said Francis.

When asked what BCCI can do to boost, non-IPL revenues, Francis suggested the body take equity share in other leagues at a governing level to scale up. Whereas, Mathias suggested that BCCI increase its sponsors, popularise cricket more in other countries to increase its revenue.

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