Report: BCCI's net worth over INR 18,700 crore, Cricket Australia second with INR 660 crore
In November 2023, the BCCI's net worth was listed at USD2.25-billion.
The BCCI's (Board of Control for Cricket in India) net worth is currently INR 18760 crores. It is 28 times higher than the second highest that is of Cricket Australia, at INR 658 crore. The Indian cricket board's financial ascent was increased particularly by the Indian Premier League (IPL). In November 2023, the BCCI's net worth was listed at USD2.25-billion.
Cricket Australia trails significantly behind the BCCI, boasting a net worth of INR 658 crores ($78 million approx), as per a Cricbuzz report. The Big Bash League (BBL) stands out as a major contributor to CA's financial success, ranking among the wealthiest and most popular T20 leagues worldwide. Notably, Cricket Australia's financial trajectory remains commendable despite being overshadowed by the BCCI.
On the other hand, the England and Wales Cricket Board (ECB) secure the third position with a net worth of $59 million, showcasing the financial robustness of cricket in England. The sport's popularity in the country, evident in consistently packed stadiums, plays a pivotal role in contributing to the ECB's revenue. Moreover, the ECB's financial status underscores the widespread appeal of English cricket on the global stage.
Here is how Indian economy gained INR 22,000 crore from ODI World Cup 2023
In India, where it is more than just a sport but a national religion, cricket arouses a wide range of emotions in many spheres of life. Apart from the thunderous applause at the stadium, cricket has a big economic impact.
Notably, despite the disappointment of India's defeat in the finals of the 2023 ICC Men's Cricket World Cup, the ICC finds solace in its overflowing financial success, with the BCCI emerging as a crucial contributor to this prosperity. As of March 2022, the BCCI recorded revenues amounting to INR 4,360 crore as per an Ecomonic Times report, and it continues to solidify a substantial portion of its earnings through the ICC's annual revenue share program.
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