IPL Media Rights: BCCI Set to DOUBLE Player Wallet for IPL Teams: Live Tracking

IPL media rights: The Board of Control for Cricket in India (BCCI) was awarded a whopping Rs 43,255 Crore for broadcast and digital rights for the duration of IPL 2023-27. The windfall from IPL Media Rights is not only a blessing for the BCCI, but also the players will receive a big boost. Salary wallet will be doubled for the upcoming IPL 2023 season with a windfall in cash. Follow Live Updates & News on IPL 2023 on InsideSport.IN.

Currently, the salary scholarship is set at Rs 90 crore and it would gradually increase to Rs 100 crore. But InsideSport has learned that the windfall in cash will also have a positive impact on players’ salaries. Instead of Rs 90 crore, the exchange will be doubled to Rs 170 crore for IPL 2023 mini auction to be held in January-February.

IPL Media Rights Tender: AUCTION for Package A & B ENDS, IPL Media Rights for Broadcast & Digital sold for 43,255 Crore: Follow IPL Tender LIVE UPDATES

IPL Media Rights: Good News for IPL Players, BCCI Set to DOUBLE the Player Scholarship for IPL Teams: Follow LIVE Updates

IPL media rights:

  • 2008-16: Sony, Rs 8200 cr
  • 2017-22: Star India (later Disney), Rs 16,348 Cr
  • 2023-27: To be mentioned, Rs 43,255 Cr

Rs 43,255 crore came from broadcast and digital rights for the subcontinent only for IPL 2023-IPL 2027. In addition, BCCI will receive another nice offer for the rest of the world and non-exclusive packages.

IPL Media Rights: Good News for IPL Players, BCCI Set to DOUBLE the Player Scholarship for IPL Teams: Follow LIVE Updates

IPL Media Rights: Good News for IPL Players, BCCI Set to DOUBLE the Player Scholarship for IPL Teams: Follow LIVE Updates

IPL media rights: what impact will the windfall have on the players?

  • The Salary Scholarship for IPL 2023 will be doubled to Rs 180 Crore.
  • That will ensure players not only get a mega pay raise but also exceed Rs 20 or even Rs 25 crore in upcoming auctions.
  • The prize money will also increase next year. The winner of the IPL title is currently getting Rs 20 Crore. It is set to increase at least 25% for IPL 2023.
  • The central contract is also recreated. The current high record of Rs 7 crore will also see a significant increase in numbers.
  • The players have been pushing for a better contract given the match tax.
  • People like Virat Kohli, Rohit Sharma and Jasprit Bumrah can expect more than Rs 15 crore making them the highest paid cricketers.
  • Currently, English players such as Joe Root and Ben Stokes are paid the best salary through a central contract.
  • BCCI also plans to increase hosting costs for state associations for IPL and international competitions.
  • The state associations had pushed for higher rates after the loss of the pandemic.
  • IPL franchises will also receive a large share of BCCI’s central pool.

IPL Media Rights: Good News for IPL Players, BCCI Set to DOUBLE the Player Scholarship for IPL Teams: Follow LIVE Updates

“The IPL generates more revenue than the English Premier League. It makes me happy and proud that the sport I love has become so strong.” BCCI President Sourav Ganguly at the India Leadership Council event.

IPL Media Rights: Good News for IPL Players, BCCI Set to DOUBLE the Player Scholarship for IPL Teams: Follow LIVE Updates

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