BCCI earns 9741.71 crores in FY24 The Bridge Chronicle
Sports

BCCI's revenue surges to ₹9,741 crore, establishes itself as the giant; thanks to IPL

This marks a sharp increase from the ₹6,558.80 crore earned in the previous fiscal year.

Ashutosh Sahoo

The Board of Control for Cricket in India (BCCI) has solidified its position as a financial powerhouse, reporting a total income of ₹9,741.71 crore for the financial year ending March 31, 2024. This marks a sharp increase from the ₹6,558.80 crore earned in the previous fiscal year. The primary engine of this growth is the Indian Premier League (IPL), which alone contributed a staggering ₹5,761 crore to the board’s revenue.

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This financial success is a clear reflection of the IPL's soaring business valuation. A report by Houlihan Lokey estimated the league's business valuation at $18.5 billion (₹1.56 lakh crore) in 2025, representing a 12.9% year-on-year increase. The league's standalone brand value also grew significantly, rising by 13.8% to $3.9 billion, driven by a massive increase in global viewership, high sponsorship demand, and strong digital consumption.

The report also provides a glimpse into the financial health of individual IPL franchises. Royal Challengers Bengaluru (RCB) has taken the top spot with a brand value of $269 million, followed by Mumbai Indians at $242 million. Chennai Super Kings (CSK), despite a disappointing season, slipped to third with a valuation of $235 million. In terms of growth, Punjab Kings (PBKS) led the way with a remarkable 39.6% year-on-year increase, while Lucknow Super Giants followed closely behind with over 34% growth.

Beyond the IPL, the BCCI's audited annual report highlighted other significant revenue streams. The board's income from ICC distributions amounted to ₹1,042.35 crore, while media rights for international matches contributed ₹813.14 crore. Other key sources included ₹986.45 crore from interest income, ₹377.50 crore from the Women's Premier League (WPL), and ₹361.22 crore from India's men's international matches.

The BCCI's financial strength is further underscored by its overall cash and bank balance, which has increased by ₹14,627 crore over the past five years, reaching a total of ₹20,686 crore. According to a report shared with state associations, the board's general fund has nearly doubled from ₹3,906 crore in 2019 to ₹7,988 crore in 2024, even after disbursing all dues. This position has allowed the board to allocate significant funds for development initiatives, including ₹1,200 crore for infrastructure.

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