BCCI will earn bumper income from IPL media rights, deal can reach up to 50 billion dollars.
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Indian Premier League (IPL) Chairman Arun Dhumal It believes that if the league continues to innovate and improve keeping in mind the interest of sports fans, then the value of its media rights can reach 50 billion dollars (50 billion) in the next two decades. At present, the price of media rights for five years of IPL is around Rs 48000 crore ($6.2 billion). In this way, in terms of price, IPL is the second league after the National Football League (NFL). The NFL signed an 11-year deal last year worth $110 billion.
Arun Dhumal said this
Dhumal said in the ‘Leaders Meet India’ program of ‘RCB Innovation Labs’, ‘If I have to see how it has been in the last 15 years and how it will be in the future, then we will get around 50 billion dollars (50 billion rupees) for the media rights of IPL till 2043. Billion dollars) is expected to reach close to. Dhumal is also the treasurer of the Board of Control for Cricket in India (BCCI). He also expressed hope of financial gains from the launch of the Women’s Premier League (WPL) and cricket’s inclusion in the 2028 Los Angeles Olympics.
we have to keep innovating
Dhumal said, ‘We need to keep innovating, we need to keep doing better in terms of fan participation and we need to keep doing better in terms of the standard of matches.’ She said, ‘Now that cricket is also becoming a part of the Olympics and WPL is also taking it to a different level in women’s cricket, I have high hopes.’ In the last one and a half decade, the price of media rights of IPL has increased rapidly which was Rs 6000 crore in 2008. Due to this, it is defeating many big sports leagues around the world.
Most watched league worldwide
Talking about the growing popularity of IPL, Dhumal said, ‘IPL is the most watched cricket league across the world. Personally, I feel that IPL is the best example of ‘Make in Brand’ since independence. Let us tell you that the mini auction of players for IPL 2024 is going to be held in the month of December only.
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