The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.
Eyeing a windfall of close to Rs 50,000 crore, the Board of Control for Cricket in India on Tuesday floated the media rights tender for the next five seasons of IPL from 2023 to 2027.
The BCCI is set for a windfall of gigantic proportions as the IPL broadcast rights (TV and digital) could fetch the Board up to US $5 billion for the next five-year cycle (2023-2027) while some high-profile interest is being seen in the bidding process for the two new teams.
Jasprit Bumrah doesn't seem to be a long-term captaincy option given his nagging fitness concerns.
Gautam Gambhir's position as India's head coach is under scrutiny following a string of disappointing results and reports of discontent within the team.
The IPL Governing Council on Tuesday decided that the two final league stage games will start concurrently at 7.30pm IST.
Board of Control for Cricket in India secretary Jay Shah also said that there are no immediate plans to add more franchises to the 10-team competition and that any future additions must not dilute the quality of the product.
The 39 year-old has played 86 Tests, 117 ODIs and 44 T20Is for South Africa with a total of 544 international wickets.
The Indian Premier League's media rights for the next five years have been sold for a whopping Rs. 48,930 crore, said BCCI secretary Jay Shah on Tuesday.
Disney Star won the coveted IPL Indian sub-continent TV rights for a whopping Rs 23,575 crore, while Viacom18 grabbed the digital rights with a bid of Rs 20,500 crore at the media rights auction on Monday.
He mentioned that this year's IPL will help him in preparing for the T20 World Cup in West Indies starting June 1.
Rahul Dravid was given an extension till June, which also marks the month during which the ICC T20 World Cup in West Indies and USA will take place from June 1 to 29.
It is time the BCCI allows IPL teams to play exhibition games overseas in the off-season as it will only strengthen what is already a strong product, said Punjab Kings co-owner Ness Wadia.
New Indian Premier League chairman Arun Dhumal said there can't be more than 10 teams in the IPL and why the BCCI will stick to its longtime stance on not allowing the Indian players to take part in overseas leagues.
Pakistan wants ICC to regulate growth of T20 leagues
Team India knows that it is a touch undercooked with a lot of confusion still persisting about what could be the best combination on a drop-in pitch.
BCCI secretary Jay Shah spoke on a range of subjects related to Indian cricket, IPL's place in the global cricket calendar, running the cricket establishment in times of COVID-19 and the road ahead for both Indian cricket and IPL.
Rohit also shared his memory of playing against the legendary Shane Warne in the IPL.
If the deal comes to fruition, it will make Hampshire the first county side to be owned by an overseas franchise.
BCCI could lose as much as Rs 955 crore if the government sticks to its decision to levy 21.84 percent tax surcharge on ICC's broadcast revenue from the 2023 ODI World Cup.
'This is a first-of-its-kind partnership in the Indian media & entertainment landscape, and this association with Disney Star reflects our sharp, strategic vision for the sports business India.'
The rights on offer are Indian Sub-continent Television Rights from 2018 to 2027 (10 IPL seasons), Indian sub-continent Digital Rights from 2018 to 2022 (5 IPL seasons) and Rest of the World Media Rights from 2018 to 2022 (5 IPL seasons).
The ICC from the next cycle will award the same prize money to men's and women's champions and runners-up teams at its global events.
The first edition of women's IPL is tentatively scheduled for March 2023.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
The Pakistan Cricket Board is working on a project to host an annual three-nation T20 series with Australia and England
The Supreme Court-appointed Justice Rajendra Mal Lodha panel asked the Board of Control for Cricket in India to accept its reforms before proceeding ahead with the process of awarding the Indian Premier League media rights from 2018 onwards.
The ICC flagship event will return to the country after more than a decade.
# Rohit became the fifth highest run-scorer in the IPL.
The BCCI is also mulling a couple of more windows in 2022 in case October-November is not feasible in India.
