BCCI sets combined base price of 33K crore rupees for IPL media rights from 2023 to 2027 session

The Board of Control for Cricket in India (BCCI) has fixed a combined base price of Rs 33,000 crore (exactly Rs 32,890 crore) for the media rights of the Indian Premier League (IPL). The BCCI has prepared four bundles for media rights for the five years from IPL 2023 to 2027. The board has kept the option of increasing the number of matches even further. This time there will be no combined bidding, as Star Sports had bought the media rights from 2018 to 2022.

According to the ITT released on March 29, Bundle A is for the television rights of India subcontinent and the base price in this category is Rs 49 crore per match, the Cricbuzz report said. Taken together, this would be a base price of Rs 18,130 crore for five years. This will be the starting point in the e-auction. Bundle B is for digital rights and the base price here is Rs 33 crore per game. The base price of IPL’s digital media rights for five years is Rs 12,210 crore.

This time the much talked about special package is Bundle C, which includes 18 games and this bundle will have a base price of Rs 16 crores per match. There are to be 74 matches in every season, so the base price of this bundle for five years is Rs 1440 crore. 18 separate matches include opening matches, four play-offs and night matches of double headers. This bundle is only for OTT players and only one company can buy this bundle.

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The fourth and final bundle is for World Rights, with a base price of Rs 3 crore per match. The combined value of the reserve price for five years is Rs 1110 crore. Thus, the broadcasting company that wins the auction will hold both television and digital rights outside the Indian subcontinent. In this way, the Board of Control for Cricket in India (BCCI) is going to have an income of at least 33 thousand crores.

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