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BCCI transformed from financial struggles in the 1990s to the richest cricket board, valued at over $2 billion. India’s share of ICC revenue jumped from 22.4% to 38.5%.
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1990s: Limited to Doordarshan, BCCI paid Rs 5 lakh per match to them. 1993: Legal victory by Jagmohan Dalmiya and I.S. Bindra led to selling broadcasting rights to private channels, which improved the quality as well. Media rights now contribute over 50% of BCCI’s annual revenue.
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The growth of India’s middle class and the popularity of cricket led to increased sponsorships from numerous companies. 2021: BCCI’s revenue reached Rs 3,730 crore, surpassing other cricket boards.
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Launched in 2008, IPL became the most commercially successful cricket league globally. BCCI earned over Rs 2,400 crore from IPL. in 2022. 2023: The launch of women’s IPL expanded the league's reach and revenue potential.
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Registered as a charitable organization, BCCI enjoys tax-exempt status, allowing reinvestment into Indian cricket.
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