The Board of Control for Cricket in India (BCCI) is the national governing body for cricket in the country. It was formed in December 1928 as a society, founded by R.E Grant Govan. Today, it is the most powerful cricket board, with significant influence in the ICC. In this article, we will cover BCCI net worth and revenue.
BCCI Net Worth, Income, Revenue
The BCCI is headquartered in Mumbai, and its current president is Roger Binny and Jay Shah as its honorary secretary. Over the years, the BCCI has played a major role in promoting and developing cricket in India, and has helped make India one of the most successful cricketing nations in the world.
BCCI has also been instrumental in promoting the game of cricket in India and developing the sport in the country. The board has invested heavily in the development of infrastructure, grassroots programs, and training facilities, which have helped produce some of the best cricketers in the world.
|Founder||R.E Grant Govan|
|Net Worth||$2 billion|
BCCI Net Worth
The Board of Control for Cricket in India (BCCI) is the governing body for cricket in India and one of the richest cricket boards in the world. As of 2023, BCCI net worth is estimated to be around $2 billion.
BCCI net worth is primarily derived from its broadcasting and media rights deals, sponsorship deals, and the Indian Premier League (IPL), which is one of the most lucrative and popular T20 cricket leagues in the world. The IPL has consistently been a major revenue generator for BCCI since its inception in 2008.
BCCI has grown significantly over the years, with the board’s revenue more than doubling from $295 million in 2015-16 to $693 million in 2019-20 as it considered a golden period for the board.
This growth can be attributed to the board’s successful management of its revenue streams and the continued popularity of cricket in India.
The board’s net worth is a reflection of its strong financial position, driven by its success in securing lucrative broadcasting and sponsorship deals, the popularity of the IPL, and its significant role in the global cricketing landscape.
BCCI income is derived from various revenue streams such as broadcasting rights, sponsorships, and the IPL.
The board’s successful management of its income streams has helped it become one of the richest cricket boards in the world, attracting top talent and ensuring that Indian cricket remains one of the most sought-out sports in the country.
BCCI income is highly earned through broadcasting rights. The board has signed several broadcasting deals over the years with major broadcasters such as Star Sports and Sony Pictures Networks, among others.
The most recent broadcast deal signed by BCCI is worth around INR 6,138.1 crore (approximately USD 832 million) and is set to run until 2023. The deal covers both domestic and international matches played in India.
Another major source of income for BCCI is sponsorships. In 2017, BCCI signed a five-year sponsorship deal with Chinese smartphone brand Oppo, reportedly worth around INR 1,079 crores (approximately USD 146 million).
BCCI salary structure is among the most competitive in the cricketing world, with players and staff earning high salaries that reflect their skills and experience.
The board’s ability to pay competitive salaries has helped to ensure that Indian cricket continues to attract top players and staff, which has contributed to the country’s success in international cricket.
BCCI salary are reflective of the organization’s financial strength and its focus on attracting and retaining the best talent in Indian cricket. BCCI salary structure is quite competitive, with Indian cricket players earning some of the highest salaries in the cricketing world.
The board offers contracts to players in four different categories: A+, A, B, and C, with A+ being the highest-paid category.
Players in the A+ category receive an annual retainer of INR 7 crore, while those in the A, B, and C categories earn INR 5 crore, INR 3 crore, and INR 1 crore respectively. The coaches and the support staff are provided with salary ranging from INR 50 lakh to INR 2 crores.
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The Indian Premier League (IPL) is another major BCCI revenue generator. The league is a T20 cricket tournament that features some of the best players from around the world and is one of the most popular and lucrative T20 leagues globally.
BCCI is the governing body for the IPL and finances revenue through various means such as franchise fees, broadcast rights, and sponsorships. In 2022, BCCI earned around $8 billion in revenue from the IPL.
BCCI revenue also includes funding from the International Cricket Council (ICC). The ICC distributes revenue to its member boards based on their contribution to the game, and BCCI’s significant role in the global cricketing landscape has made it a major recipient of ICC funds.
The BCCI has played a significant role in shaping the cricketing landscape in India and globally, and its successful management of various aspects of the game has made it one of the richest cricket boards in the world. BCCI Salary given and BCCI revenue generated is a clear reflection of that.