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[Saba Sports News] Currently, the Board of Control for Cricket in India (BCCI) boasts a staggering net worth of INR 18,760 crores, dwarfing Cricket Australia’s second-place value of INR 658 crores by 28 times. The substantial growth in the BCCI’s financial status is largely attributed to the success of the Indian Premier League (IPL). As of November 2023, this figure has reached an impressive USD 2.25 billion.
Cricket Australia, with a net worth of approximately INR 658 crores or USD 78 million, remains a considerable distance behind the BCCI, according to a Cricbuzz report. The Big Bash League (BBL) has been a key factor in Cricket Australia’s economic growth, marking it as one of the richest and most followed T20 leagues globally. Despite being in the shadow of the BCCI, Cricket Australia’s financial journey is noteworthy.
Meanwhile, the England and Wales Cricket Board (ECB) claims the third spot with a net worth of USD 59 million. This figure highlights the financial strength of cricket in England, bolstered by the sport’s immense popularity and regular full-house matches. The ECB’s financial health is a testament to English cricket’s enduring appeal internationally.
The Indian economy also saw a substantial boost from cricket, gaining INR 22,000 crores from the ODI World Cup 2023. Cricket, more than just a sport in India, significantly influences various aspects of life and has a profound economic impact.
Despite India’s unexpected loss in the 2023 ICC Men’s Cricket World Cup final, the International Cricket Council (ICC) experienced substantial financial gains, with the BCCI playing a key role in this success. As of March 2022, the BCCI had generated revenues of INR 4,360 crores, as reported by The Economic Times. This revenue is continually augmented through the BCCI’s participation in the ICC’s annual revenue sharing program.