BCCI Net Worth 2024: Cricket in India is more than just a sport; it’s a religion, with players revered as idols by millions of fans. This immense passion translates into widespread support, with Indian fans showing up in droves wherever the team plays. This unwavering love and enthusiasm significantly contribute to the revenue generated by the Board of Control for Cricket in India (BCCI).
Founded in February 1928 under the Tamil Nadu Societies Registration Act, the BCCI’s headquarters are situated at the iconic Wankhede Stadium in Mumbai. Over the years, BCCI has ascended to become the richest cricket board in the world, boasting revenues ten times greater than those of other cricket boards.
The BCCI has been instrumental in promoting and developing cricket in India, transforming the country into one of the most prominent cricketing nations worldwide.
BCCI Net Worth, Income, Revenue 2024
BCCI Net Worth in 2024: As of 2024, the Board of Control for Cricket in India (BCCI) boasts an estimated net worth of around $2.25 billion (โน18,760 crores). This significant financial power stems primarily from broadcasting and media rights deals, sponsorship agreements, and the immensely popular Indian Premier League (IPL).
Since its inception in 2008, the IPL has consistently been a major revenue generator for the BCCI. The board’s revenue saw remarkable growth, doubling from $295 million in 2015-16 to $693 million in 2019-20. BCCI’s influence extends to the International Cricket Council (ICC), where it receives 38.5% of the revenue, according to Wion News in 2022.
BCCI Revenue from Sponsorships and Media Rights
A significant portion of BCCI’s revenue comes from broadcasting and media rights for both international and domestic matches, including the IPL. Hereโs a breakdown of the revenue generated from various sponsors:
- IPL Media Rights: For the 2023 to 2027 cycle, Disney Star (Television) and Viacom 18 (Digital) have jointly acquired the IPL media rights for a staggering โน48,390 crore (US$6.2 billion). Previously, Star India held both television and digital rights from 2018 to 2022 for โน16,300 crore.
- Bilateral Series Media Rights: Viacom 18 secured both television and digital rights for bilateral cricket series in India for the next five years, paying โน5,963 crore through an e-auction.
- Kit Sponsor: Adidas, a renowned sports clothing brand, became the Indian cricket team’s kit sponsor in May 2023, with a five-year deal valued at approximately โน250 crores.
- Jersey Sponsor: Dream 11, a fantasy gaming platform, is the main jersey sponsor for Team India from 2023 to 2026, having won the sponsorship rights for โน358 crores.
- Title Sponsor: IDFC Bank recently acquired the title sponsorship rights for all home matches of Team India for three years, at a rate of โน4.2 crore per match.
| Full Name | Board of Control for Cricket in India |
|---|---|
| Net Worth | $2.25 Billion |
| Operating Income Per Year | $2250 Million |
| BCCI Net Worth in Indian Rupees | Rs. 18760 Crore |
| President: | Roger Binny |
| Secretary: | Jay Shah |
| Headquarters: | Mumbai |
| Founded: | December 1928 |
| Sport: | Cricket |
| Sponsors: | IDFC Bank, Dream11, Adidas, Hyundai Motor Company, Ambuja Cements |
Leadership and Structure of BCCI
Former Indian cricketer and 1983 World Cup winner Roger Binny currently serves as the President of the Board of Control for Cricket in India (BCCI). Rajeev Shukla, a member of the Rajya Sabha, holds the position of Vice-President.
The BCCI comprises 38 associated members and operates under a constitution that outlines specific rules for both players and administrators. Beyond managing international cricket, the BCCI also organizes key domestic cricket tournaments such as the Ranji Trophy and the Irani Cup.
