BCCI earns ₹9,741 crore in FY24, IPL driving majority of income: Reports
The Board of Control for Cricket in India (BCCI) has reportedly generated a revenue of ₹9,741 crore for the financial year 2023-24, with the Indian Premier League (IPL) contributing nearly 59% of this income, as per a report by Rediffusion.According to the report, the IPL alone generated around ₹5,761 crore during the period, reflecting its continued status as BCCI’s most significant revenue driver. The report further notes that with emerging streams such as the Women’s Premier League (WPL) and global media rights, BCCI has developed a billion-rupee engine built on the pillars of fan support, strategic partnerships, and cricketing performance.BCCI reportedly earned around ₹361 crore from non-IPL media rights, which include broadcasting rights for international cricket matches and tournaments, diversifying the board’s income sources beyond the IPL.This year, the IPL faced a brief pause during Operation Sindoor, though analysts noted that the tournament’s financial performance remained stable despite the temporary suspension.Experts quoted in the report suggested pathways for BCCI to expand its non-IPL revenues. One recommendation was for BCCI to consider taking equity stakes in other leagues at a governance level to accelerate growth, while another suggestion was to expand cricket’s popularity in international markets to attract more sponsorships and enhance income streams.BCCI’s strong financial performance underscores the IPL’s central role in India’s cricket economy while highlighting opportunities for further revenue diversification in the coming years.
The Board of Control for Cricket in India (BCCI) has reportedly generated a revenue of ₹9,741 crore for the financial year 2023-24, with the Indian Premier League (IPL) contributing nearly 59% of this income, as per a report by Rediffusion.
According to the report, the IPL alone generated around ₹5,761 crore during the period, reflecting its continued status as BCCI’s most significant revenue driver.
The report further notes that with emerging streams such as the Women’s Premier League (WPL) and global media rights, BCCI has developed a billion-rupee engine built on the pillars of fan support, strategic partnerships, and cricketing performance.
BCCI reportedly earned around ₹361 crore from non-IPL media rights, which include broadcasting rights for international cricket matches and tournaments, diversifying the board’s income sources beyond the IPL.
This year, the IPL faced a brief pause during Operation Sindoor, though analysts noted that the tournament’s financial performance remained stable despite the temporary suspension.
Experts quoted in the report suggested pathways for BCCI to expand its non-IPL revenues.
One recommendation was for BCCI to consider taking equity stakes in other leagues at a governance level to accelerate growth, while another suggestion was to expand cricket’s popularity in international markets to attract more sponsorships and enhance income streams.
BCCI’s strong financial performance underscores the IPL’s central role in India’s cricket economy while highlighting opportunities for further revenue diversification in the coming years.
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