Budget 2018-19

  Bid price for IPL's media and digital rights expected to double to Rs 32,694 crore in 2023 It will be raining money for the Board of Control for Cricket in India (BCCI), the country’s apex cricketing body, as two new team franchises of the Indian Premier League (IPL) go under the hammer on Monday. The new owners will be declared in Dubai by the end of day. According to estimates, BCCI is expected to rake in an additional Rs 5,000-7,000 crore from the sale of the two new IPL teams , apart from an additional Rs 450 crore plus from its share of broadcasting and sponsorship revenues in 2022. That’s because the number of matches in the tournament will go up from 60 to 74 next year (due to the number of teams going up from eight to 10). Disney+Hotstar has to fork out Rs 54.5 core per match for beaming and streaming the live matches. But the big bonanza for both BCCI as well as the franchisees – both new and old – will come from 2023, when the media and digital rights o...

Sports psychologists believe having IPL teammates playing together helps the national team's performance Indian cricket team captains like Mahendra Singh Dhoni and Virat Kohli seem to prefer playing more with players from their respective IPL teams even in the national team. We have seen that for various tours over the years. But is there a real correlation between the composition of IPL teams and the Indian national cricket squad? Business Standard analysed historical data, valuation reports and franchise balance sheets to comprehend the correlation, if any. What emerged was an interesting picture. The facts first. In 2014, when Dhoni was the captain of Chennai Super Kings, its players found a spot in the national squad 35 times in five tours. In 2017, when Virat Kohli captained Royal Challengers Bangalore, the team found a place in the Indian national side 26 times in eight tournaments. This was the highest among all IPL teams that year. An aberration was perhaps...