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BCCI to rake in Rs 5,000-7,000 crore from sale of two new IPL teams

  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...

Dhoni always motivates me, try to learn as much as possible: Gaikwad

  Ruturaj Gaikwad has said he tries to learn as much as possible from  Mahendra Singh Dhoni  and the skipper’s encouraging talks had kept him going during the current edition of the IPL Prolific Chennai Super Kings run-getter Ruturaj Gaikwad has said that he tries to learn as much as possible from Mahendra   Singh   Dhoni   and the skipper’s encouraging talks had kept him going during the current edition of the Indian Premier League here. Gaikwad, who is the leader of the ‘Orange Cap’ charts with 603 runs, anchored the chase against Delhi Capitals on Sunday with a 50-ball 70, smashing five fours and two sixes as the three-time IPL champions won the high-scoring match by four wickets with two balls remaining. “Every time, Dhoni tries to encourage me and start afresh (in) every game, keep up the form. (He tells me to) learn from every game and move forward. He said to try and finish the game. It is what separates good players from normal players. I am just lo...

IPL 2021 cancelled: BCCI, teams may lose more than Rs 3,000 crore

  On an average the BCCI earns Rs 67 crore from every match broadcast. It earned Rs 4,000 crore from the IPL in 2020 and was expected to earn a similar amount this time The Board of Control for Cricket in India (BCCI) on Tuesday finally called off the Indian Premier League (IPL) 2021 indefinitely after players and support staff of various franchises tested positive for Covid. The cancellation of the league, the biggest money spinner for the BCCI, which in turn is the biggest contributor to the finances of IPL teams, could be a big financial setback for both. According to the BCCI, it earned Rs 4,000 crore from the IPL in 2020, when the tournament was held in the United Arab Emirates (UAE) without crowd attendance.  IPL 2021 , which was also held in a similar bio bubble and purely on a broadcast platform, was expected to bring in the same amount of money for the BCCI. On an average the BCCI earns Rs 67 crore from every match broadcast. However, with 31 matches in the 60-match t...

IPL 2020, CSK vs KXIP highlights: CSK makes comeback with 10-wicket win

  Chennai Super Kings moves to sixth spot on IPL 2020 points table after a win over Kings XI Punjab In today’s second match of Indian Premier league 2020 (IPL 2020), Kings XI Punjab (KXIP) captain KL Rahul won the toss and elected to bat first at Dubai International Cricket Stadium. CSK is at the bottom of IPL 2020 points table and desperately need to win this game to boost the team’s sagging morale. KXIP also comes to the match with a loss and eyeing a win as its big foreign players have failed to make an impression so far. Check  IPL 2020 points table  and team standings here CSK vs KXIP playing 11:  Kings XI Punjab has made three changes and surprisingly Chennai Super Kings is unchanged. CSK playing 11:  Shane Watson, Ambati Rayudu, Faf du Plessis, MS Dhoni(w/c), Kedar Jadhav, Ravindra Jadeja, Dwayne Bravo, Sam Curran, Shardul Thakur, Piyush Chawla, Deepak Chahar KXIP playing 11:  KL Rahul(w/c), Mayank Agarwal, Mandeep Singh, Nicholas Pooran, Glenn Maxwe...