IPL Suspended Indefinitely by BCCI
♦ BCCI is the governing body of Indian cricket. Grant Govan was the first president. The total annual revenue of BCCI in 2020 is 535 million U.S. dollars. These include US$345 million from IPL, US$139 million from bilateral cricket with other countries, and US$405 million from India’s ICC revenue share.
♦ In 2021, BCCI becomes the richest cricket committee in the world. After BCCI began to sell the media rights of the Indian team’s ODI, bilateral testing and T20 competitions in India, BCCI’s revenue has doubled.
♦ For each international home game, Star Network paid Rs 4,320 crore. In 2018-19, there were 22 test matches, 5 T20 and 10 ODI. A total increase of 950.40 crore rupees. Another major source of BCCI’s income is sponsors of the national team.
♦ In 2014, a new contribution-based income distribution method was adopted. The BCCI and the England & Wales Cricket Committee have adopted this system. However, the system was dismantled by the ICC (International Cricket Committee), which ultimately reduced BCCI’s revenue.