IPL 2023 boosts BCCI's surplus to Rs 5,120 crore, a 116% increase from 2022

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IPL 2023 boosts BCCI's surplus to Rs 5,120 crore, a 116% increase from 2022 - Business Standard

Quick Summary:

In 2021, Disney Star secured the IPL television rights for 2023-27 with a bid of Rs 23,575 crore, while Viacom18-owned JioCinema acquired the digital rights for Rs 23,758 crore.

At the end of FY23, the BCCI's bank balance across various savings, current accounts, and fixed deposits reached Rs 16,493.2 crore, a significant increase from Rs 10,991.29 crore the previous year.

For FY23, the BCCI recorded a 38 per cent rise in surplus, amounting to Rs 3,727 crore.