Here is how BCCI made over 6600 Crore

The governing body of cricket in India, Board of Control for Cricket in India (BCCI) is arguably one of the strongest and richest cricketing boards in world cricket. It is not a hidden fact that the apex cricket board of India is also the richest cricket board among all the cricket-playing regions in the world.

Furthermore, with the power it holds, BCCI is one of the major boards of cricket, alongside England and Wales Cricket Board and Cricket Australia. One of the most common questions that is raised by a lot of the followers of the sport is how exactly does the BCCI make its money and have a net worth close to that of the International Cricket Council (ICC), the governing body of cricket.

With every passing season, figures suggest that the Indian cricket board is getting richer with its influence also rising every day. As per the data provided by ‘Sportsamaze’, the total net worth of ICC is $2.5 billion whereas the numbers of the BCCI are just staggering as it is worth nearly $2.25 billion.

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There are five key points as to how the BCCI is able to amass such massive figures. While it is not hidden that the top-tier T20 League in India, the Indian Premier League (IPL) makes a lot of profit, BCCI earns as much as ₹4839 crore solely from the league’s media rights. Adding to this, the broadcasting rights of the matches, be it the IPL or the fixtures of the national side, adds ₹1227 crore to their pockets.

Moreover, the ICC too has its share in the broadcasting sector with the BCCI making the most of all the cricket-playing nations. An amount upwards of a massive ₹250 crore is what the BCCI earns from the broadcasting revenue by ICC from participating in the global events.

Last but not the least, the associations with the ed-tech company- ‘Byjus’ as the jersey sponsor of team India and title sponsor ‘Paytm’ earn the apex board gigantic figures of over 300 crore. The spot of title sponsorship is a massive source of income for the BCCI and currently, the rights for the title sponsorship have been sold to One97 communications which owns Paytm.

Undoubtedly, the BCCI understands how to monetize upon various facets and it is this knack for understanding that has given the board an edge over the other cricketing boards of the world.