Magic of cricket’s markets — old and new
3 months ago

Magic of cricket’s markets — old and new

Hindustan Times  

Cricket’s financial muscle and world domination is due to the millions of passionate ‘cricket consumers’, the size of our economy and India’s huge market. Cricket’s global economy is based in Mumbai, every financial impulse is released/ controlled from here and India contributes approx 80% of ICC’s global revenue. India’s economy and market size delivers big media/sponsorship numbers because commercial partners understand cricket’s pan-India reach. The cricket market’s magic is most visible in the IPL, a professional league ruled by private ownership.

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History of this topic

Unraveling the Phenomenon: Why the IPL Reigns Supreme in Cricket
8 months ago

Unraveling the Phenomenon: Why the IPL Reigns Supreme in Cricket

Deccan Chronicle  

Unraveling the Phenomenon: Why the IPL Reigns Supreme in Cricket In the world of cricket, one league stands head and shoulders above the rest, captivating millions of fans globally with its electrifying matches, star-studded lineups, and unparalleled entertainment. The Indian Premier League has emerged as the undisputed king of cricket leagues, setting new standards and redefining the sport's landscape. In …

ICC Board Meet: BCCI gets maximum share from revenue distribution from 2024-2027
1 year, 5 months ago

ICC Board Meet: BCCI gets maximum share from revenue distribution from 2024-2027

The Hindu  

The BCCI reaffirmed its status as the financial powerhouse of world cricket as the ICC unanimously passed the revenue distribution model at its all-powerful board meeting in Durban on Thursday. While the ICC media release didn’t state the quantum of revenue that the BCCI will generate from the new distribution model, it is expected that the Indian board will annually …

Pakistan unhappy with new ICC revenue model, demands clarity
1 year, 7 months ago

Pakistan unhappy with new ICC revenue model, demands clarity

The Hindu  

The Pakistan Cricket Board is unhappy with the proposed new revenue distribution model for international cricket although it accepts that India, the game’s financial engine, should get the biggest share, chairman Najam Sethi told Reuters. The International Cricket Council, the game’s global governing body, has proposed a new revenue sharing model for the 2024-27 cycle to be voted on at …

Multi-league T20 deals spook boards in changing landscape
1 year, 7 months ago

Multi-league T20 deals spook boards in changing landscape

The Hindu  

The prospect of Indian Premier League franchises becoming primary employers of foreign cricketers over their national boards is moving closer with multi-tournament contracts already being offered to some players. “The cricket landscape is changing rapidly and already contracting an Australian player has taken a different format.” The growing number of T20 leagues offering lucrative contracts to the game’s best talent …

IPL and the decline of great Indian cricket - in 8 stories
1 year, 7 months ago

IPL and the decline of great Indian cricket - in 8 stories

The Hindu  

Published : Apr 29, 2023 19:40 IST - 2 MINS READ The Indian Premier League has once again captured the attention of the nation, as the current season commenced in March this year with full fanfare. The league revolutionised cricket by introducing a player auction system, city-based teams, and Bollywood celebrities such as Shah Rukh Khan and Preity Zinta as …

Why sponsors are batting for Women's Premier League
1 year, 8 months ago

Why sponsors are batting for Women's Premier League

Hindustan Times  

The day after the Women’s Premier League finale took place in Mumbai’s Brabourne Stadium between Delhi Capitals and Mumbai Indians cricket teams on March 26, the league’s broadcasting and streaming partner Viacom18 claimed that the tournament’s inaugural season had delivered the highest viewership on any women’s event globally. Majority owned by Reliance Industries, Viacom18 was referring to WPL’s digital footprint …

IPL’s charm will keep the ad rates high
1 year, 10 months ago

IPL’s charm will keep the ad rates high

Hindustan Times  

The Women’s Indian Premier League media rights auction, held earlier this month, has put the spotlight back on the prohibitive price tag that these leagues come with. However, since BCCI shares a percentage of media rights fee and other revenue from the central pool with the IPL teams, the franchise owners have not built strong alternate revenue streams. “TV reaches …

DC Edit | IPL auction: Star value at a premium
1 year, 11 months ago

DC Edit | IPL auction: Star value at a premium

Deccan Chronicle  

All-rounders were in great demand as IPL teams sought impact players for their squads in the mini-auction. England players of the “Bazball” era were in greater demand with Sam Curran, Ben Stokes and Harry Brook going for astronomic sums; and the Australian Cameron Green also landed in top money. The son of former Zimbabwean all-rounder Kevin, Sam Curran shattered IPL …

BCCI not pleased with IPL teams' participation in foreign leagues: Report
2 years ago

BCCI not pleased with IPL teams' participation in foreign leagues: Report

Firstpost  

Six IPL teams now have representation in foreign leagues in UAE, South Africa and the Caribbean. The Board of Control for Cricket in India is reportedly not amused with the growing trend of Indian Premier League teams going overseas and grabbing franchise opportunities in foreign leagues. IPL 2023 Auction numbers: Amount spent, players bought and more Three IPL teams - …

'Don't see any reason. They're fine playing IPL': Shastri, Zaheer shuts critics over Dravid's 'overseas leagues' stance
2 years, 1 month ago

'Don't see any reason. They're fine playing IPL': Shastri, Zaheer shuts critics over Dravid's 'overseas leagues' stance

Hindustan Times  

The need for BCCI to allow Indian cricketers to play in overseas leagues was urged to be prioritised by most veteran cricketers which included the likes of Wasim Akram, Anil Kumble, Stephen Fleming and Tom Moody among others, moments after India incurred another disappointing outing in the T20 World Cup. India head coach Rahul Dravid had explained that the notion …

Indians to remain away from overseas leagues, says IPL chairman Arun Dhumal
2 years, 1 month ago

Indians to remain away from overseas leagues, says IPL chairman Arun Dhumal

Deccan Chronicle  

New Delhi: New IPL chairman Arun Dhumal sees cricket's premier T20 tournament becoming the biggest sporting league in the world in the next five years and says the board also has a clear vision for Women's IPL. Speaking to PTI, Dhumal talked about his long term plans for the IPL, why there can't be more than 10 teams and why …

Arun Dhumal predicts IPL's future, reiterates BCCI's stance on players' participation in overseas leagues
2 years, 1 month ago

Arun Dhumal predicts IPL's future, reiterates BCCI's stance on players' participation in overseas leagues

India TV News  

IPL chairman Arun Dhumal has opened up on the future of India's cash-rich tournament the Indian Premier League. The newly elect IPL chairperson has also reiterated BCCI's stance on Indian players' participation in overseas franchise cricket. Image Source : GETTY IMAGESIPL is hugely popular in World Notably, Dhumal also reiterated BCCI's stance on not sending Indian players to play in …

Indian Premier League reveals stunning plan that could destroy Test cricket and the Big Bash League
2 years, 4 months ago

Indian Premier League reveals stunning plan that could destroy Test cricket and the Big Bash League

Daily Mail  

A cricket revolution that could see international clubs and players contracted permanently to the Indian Premier League is underway - and it threatens to destroy the sport as we know it. The IPL expansion threatens to cause Aussie cricketers to turn away from the BBL and Test cricket to secure long-term deals across multiple T20 franchises around the world Venky …

‘I’m not criticising IPL but why don't Indian players play in BBL? I've never got an open answer': Adam Gilchrist
2 years, 4 months ago

‘I’m not criticising IPL but why don't Indian players play in BBL? I've never got an open answer': Adam Gilchrist

Hindustan Times  

A day after expressing concerns over IPL franchises' growing interest in buying teams in multiple leagues outside India, legendary Australia wicketkeeper-batter Adam Gilchrist said he is not against the cash-riched Indian T20 league but he found it astonishing that Indian players are not allowed to ply their trade in different leagues across the globe. Some of them have bought teams …

Lalit Modi, Kohli, Pujara; India Lord Over England & Cricket, Part 4: Since 2008
2 years, 5 months ago

Lalit Modi, Kohli, Pujara; India Lord Over England & Cricket, Part 4: Since 2008

The Quint  

Given the concept, it was difficult for the IPL to fail. But as Lalit Modi would later admit, the magnitude of success was not something even he had expected. One major country that was not part of the IPL’s inaugural season was England. Given the enormous amounts at stake, some English cricketers might still have signed up for the IPL, …

IPL auction: Staggering $6bn IPL rights auction makes league one of the most valuable in the world
2 years, 6 months ago

IPL auction: Staggering $6bn IPL rights auction makes league one of the most valuable in the world

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

It’s not cricket if the BCCI doesn’t update accounts
2 years, 6 months ago

It’s not cricket if the BCCI doesn’t update accounts

Live Mint  

It’s not cricket” is an old exclamation that should never get outmoded. Etiquette evolved for all wins to be fair and square—a descriptor we could perhaps apply to the ₹48,390 crore that the Board of Control for Cricket in India will rake in from this week’s e-auction of rights to broadcast and webcast live matches of the Indian Premier League. …

DC Edit | IPL-15: That’s entertainment!
2 years, 8 months ago

DC Edit | IPL-15: That’s entertainment!

Deccan Chronicle  

More teams, new combinations, minor tweak in rules which are mostly sensible and the biggest contracts in the game that will make instant millionaires of many a journeyman cricketer are the highlights as Season 15 of the Indian Premier League gets its bat versus ball encounters going from today. With TV and digital rights to be sold, bundled or separately, …

Cricket: Expanded IPL returns to India with COVID curbs
2 years, 9 months ago

Cricket: Expanded IPL returns to India with COVID curbs

Al Jazeera  

Galaxy of top names and two new franchises expand the world’s richest cricket competition to 10 teams for its 15th edition. The Indian Premier League returns for its biggest season on Saturday, with a galaxy of top names and two new franchises expanding the world’s richest cricket competition to 10 teams for its 15th edition. The two new teams, set …

IPL Auction 2022: Young guns steal the show
2 years, 10 months ago

IPL Auction 2022: Young guns steal the show

The Hindu  

Well begun is half done. READ: Final list of sold and unsold players The BCCI’s decision to add two new teams to the IPL from 2022 prolonged the wait for a full auction. Pacers rule the roost Cometh the IPL Auction and conventionally it’s either the big-hitters or the all-rounders that steal the show with humongous price tags. Hugh is …

IPL is drowning in cash, but what about the cricketers?
3 years, 1 month ago

IPL is drowning in cash, but what about the cricketers?

Live Mint  

The sale of two new franchises last month has set new valuation benchmarks for Indian Premier League teams. The BCCI and the franchises can expect another revenue jump in 2023, when the next five-year broadcasting cycle begins and is expected to double from current levels of ₹3,270 crore a year. While total squad spending across franchises is roughly in a …

IPL: Staggering Amounts for New Teams has Cricket World in Awe
3 years, 1 month ago

IPL: Staggering Amounts for New Teams has Cricket World in Awe

The Quint  

Former England captain Michael Vaughan saw IPL as the most powerful aspect of the game. "With the 2 new franchises going for huge numbers, it's now very clear the IPL is the most powerful aspect of the game now. Aakash Chopra said the valuation of the new teams has taken the IPL to a whole new level. The valuation of …

The IPL Story: Beginning of Lalit Modi’s Brainchild & the Formula That Clicked
3 years, 3 months ago

The IPL Story: Beginning of Lalit Modi’s Brainchild & the Formula That Clicked

The Quint  

IPL: The Business Model The construct of the IPL broke the conventional mould as it was cricket's first-ever handshake with private investment; of actual ownership of a team, not sponsorship. Bruised from an earlier botched attempt in the mid 1990s, when a similar proposal was struck down by the BCCI, Lalit Modi knew IPL’s private investment had to sit with …

Cricket: India’s IPL seeks bids for new team
3 years, 3 months ago

Cricket: India’s IPL seeks bids for new team

Al Jazeera  

League launches campaign to expand the world’s richest cricket tournament by seeking bids to run a new team. The Indian Premier League has launched its campaign to expand the world’s richest cricket tournament by seeking bids to run a new team. “The governing council of the IPL invites bids to acquire the right to own and operate one of the …

BCCI Prioritising Profits & IPL Over Indian Cricket & Cricketers
3 years, 6 months ago

BCCI Prioritising Profits & IPL Over Indian Cricket & Cricketers

The Quint  

BCCI in a Position to Help Another reason the BCCI could afford financial losses in this matter, rather than players and officials suffer any further due to the delay, is simply because the board has the resources. According to the financial reports posted on the BCCI's website, in the last financial year, they paid Rs 5 crore, Rs 150 crore, …

IPL: Lucrative cricket tournament continues amid India’s alarming Covid-19 surge
3 years, 7 months ago

IPL: Lucrative cricket tournament continues amid India’s alarming Covid-19 surge

CNN  

CNN — Despite a devastating Covid-19 second wave killing thousands of people every day in India, the Indian Premier League cricket tournament is playing on. “I’m advised that the Indian government is of the view that playing the IPL while the population is in lockdown provides a few hours of joy and respite each day at an otherwise difficult time …

No one entity can buy all cricket rights now: Sony sports biz head
4 years ago

No one entity can buy all cricket rights now: Sony sports biz head

Hindustan Times  

If Indian cricket in pandemic-hit 2020, marred by series postponements and cancellations, was all about staging IPL and staying afloat, 2021-22 will be judgement time again for the business of cricket. “The landscape is definitely going to change because I don’t think one person can buy all the rights now.” With BCCI looking to expand IPL to 9 teams, and …

IPL: Understanding the Indian Premier League's financial levers
4 years, 3 months ago

IPL: Understanding the Indian Premier League's financial levers

The Hindu  

When the seeds of the Indian Premier League were sown in the latter half of 2007, many felt it was the Board of Control for Cricket in India’s knee-jerk reaction to the rival Indian Cricket League. No doubt, even the now-sidelined IPL founding chairman would not have envisaged that his calculated risk of amalgamating cricket, entertainment and corporate India under …

Why money-churning IPL is eminently central to BCCI's immediate fortunes and how the league affects other cricket boards' revenue structure
4 years, 6 months ago

Why money-churning IPL is eminently central to BCCI's immediate fortunes and how the league affects other cricket boards' revenue structure

Firstpost  

The alternative of IPL not taking place this year could leave a trail of pain and hardship for Indian cricket. However, there are issues galore that could trigger a crisis – the Rs 2000 crore Supreme Court-upheld order to pay Kochi Tuskers for wrongful termination from IPL and for having encashed their bank guarantee in 2011 when Shashank Manohar was …

BCCI exploring various options to conduct IPL 2020
4 years, 6 months ago

BCCI exploring various options to conduct IPL 2020

The Hindu  

The Board of Control for Cricket in India is exploring various options to ensure that the Indian Premier League is held this year. Late on Wednesday, BCCI chief Sourav Ganguly, has communicated to the affiliate unit members of the Board that they are even mulling to conduct the tournament in empty stands, if need arises. Even though UAE and Sri …

IPL: A Symphony of Stars and Fortune
6 years, 8 months ago

IPL: A Symphony of Stars and Fortune

Hindustan Times  

IPL is a top draw, generating billions of dollars in revenue and attracting millions of fans worldwide. Despite controversies and scandals, the league remains a global phenomenon, with teams from different countries participating in the tournament. Players are at the top of their game to perform and handle the pressure of justifying big salaries. The league is a testament to …

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