The BCCI’s response to the outcome of the Indian Premier League’s third media rights — a record revenue of Rs. 48,390.32 crore - in US dollar terms, 6.2 billion — for the 2023-27 period has touched upon augmenting the fan experience at the IPL venues. More money needs to be deployed to improve the facilities in the stadia across the country . The BCCI and IPL officials have noted the primacy of the cricket fan.
Then, the ten franchises will get high returns from the media rights’ revenue, from the Tata IPL-16 season, roughly estimated to be around Rs 400 crore. The BCCI had earmarked a sum of 200 crore in 2008, to be equally disbursed to the members. The IPL share to its members increased with additional media rights income coming in 2018. So the members would look to a quantum increase in their share from the latest media rights revenue.
What must also happen now with a show of urgency is the introduction of player contract at the State /Member level. The BCCI must impress upon its members to give priority to this particular aspect. The Ranji Trophy players who are the backbone of the BCCI’s domestic cricket structure need this incentive.
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