IPL becomes second most expensive sports league in the world!

Tap to Read ➤ The BCCI fetched a staggering 48,390 crore (USD 6.20 billion) through IPL media rights for a five-year period, starting 2023. This makes IPL the second most expensive sports property in the world after NFL in the USA.

The BCCI sold the media rights for the IPL 2023-2027 Cycle at an eye-popping Rs 48,390 crore (USD 6.20 billion) in its e-auction.

Disney Star retained their Indian sub-continent TV rights by paying Rs 23,575 crore (Rs 57.5 crore/game).

Digital rights deal for Indian subcontinent was acquired for Rs 20,500 crore (Rs 50 crore/game) by the Reliance backed Viacom18

Viacom18 also won the non-exclusive Package C by paying Rs 2991 crore (Rs 33.24 crore/match).

Overseas rights for various regions was bagged by Viacom and Times Internet for Rs 1058 crores (Rs 2.6 crore/match)

The value of per IPL match made more than a 100 per cent jump from previous Rs 54.5 crore to above Rs 114 crore (approx).

Per match value (USD 14.61 million) in IPL is second only to NFL (football) in the USA where every match is worth USD 17 million.

Star acquired the IPL media rights for 2018-2022 cycle with a bid price of Rs 16347.50.

For the first 10 years (2008-2017), Sony had acquired the rights by paying Rs 8200 crore.

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