The Board of Control for Cricket in India (BCCI) achieved its highest-ever revenue in FY 2023–24, totaling ₹9,741.7 crore, up sharply from ₹6,558.8 crore in FY 2022–23
📊 What Contributed to the Record?
- IPL Dominates the Earnings
- The Indian Premier League generated ₹5,761 crore, accounting for 59% of total revenue—the “golden goose” of Indian cricket
- Non‑IPL Media Rights
- Broadcasting rights for international matches fetched ₹361 crore, while non-IPL media deals added further income
- ICC & Fixed Income Returns
- BCCI earned over ₹1,000 crore from interest on reserves—a testament to its strong treasury backing
- Income from ICC distributions (approximately 10.7%) further strengthened finances
- Women’s Premier League & Match Revenues
- The inaugural WPL contributed ₹378 crore, and revenues from ticket sales, hospitality, and matches added further to the bottom line
- Other Income Streams
- Miscellaneous income—including sponsorship activation and smaller tournaments—added around ₹400 crore
🌐 Why It Matters
- Economic Might of Cricket: BCCI’s ₹9,741.7 crore haul reaffirms its dominance in Asia’s sports industry.
- IPL’s Central Role: With over half its revenue from IPL, the tournament remains BCCI’s core powerhouse.
- Diversification Works: Revenue from WPL, ICC, and investments indicate a more robust and balanced income mix.
- Financial Muscle: With reserves of nearly ₹30,000 crore earning ₹1,000 crore annually in interest, BCCI wields strong financial leverage
🔮 What to Watch Going Forward
- Further Monetization: Strategies to commercialize domestic tournaments like Ranji Trophy could unlock new revenue channels
- Global Influence: BCCI’s financial strength positions it as a key influencer in ICC decisions.
- Future Growth: Industry analysts expect sustained annual revenue growth of ~10–12%, driven by sponsorships, media deals, and matchday income NewsBytes
✅ Final Take
With a record-breaking ₹9,741.7 crore in FY 2023–24 revenue, BCCI highlights the commercial resurgence of Indian cricket. Anchored by IPL, bolstered by WPL, and fortified with investment income, the board is entering a powerful growth trajectory with deeper global and domestic influence.
