IPL cricket media rights sold for $6.2 billion
India's cricket board said Tuesday it has sold the broadcast rights of the IPL tournament for the next five seasons to global media giants for an eye-popping $6.2 billion.
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India's cricket board said Tuesday it has sold the broadcast rights of the IPL tournament for the next five seasons to global media giants for an eye-popping $6.2 billion.
BCCI on Tuesday reaffirmed its status as a cricketing behemoth by securing one of the biggest broadcast deals in the history of the sport, fetching an eye-popping 48,390 crore ($6.20 billion) through IPL media rights for a five-year period, starting 2023. While Disney Star retained their Indian sub-continent TV rights with a figure of Rs 23,575 crore (Rs 57.5 crore/game), the most sought-after India digital rights deal was acquired for Rs 20,500 crore by the Reliance backed Viacom18, which also won the non-exclusive Package C, paying another Rs 2991 crore.
Indian Cricketers Association (ICA) on Tuesday expressed their "immense gratitude" towards BCCI for increasing the pension of former Test and first-class cricketers along with retired umpires. The BCCI has doubled the pension of former first-class and Test cricketers with those earning Rs 15,000 going up to Rs 30,000 and those with Rs 37,500 being upgraded to Rs 60,000 bracket. Those who received Rs 50,000 from now on will get Rs 70,000.
Indian Cricketers Association (ICA) on Tuesday expressed their "immense gratitude" towards BCCI for increasing the pension of former Test and first-class cricketers along with retired umpires. BCCI has doubled the pension of former first-class and Test cricketers with those earning Rs 15,000 going up to Rs 30,000 and those with Rs 37,500 being upgraded to Rs 60,000 bracket. Those who received Rs 50,000 from now on will get Rs 70,000. "The announcement by the BCCI yesterday has been very well received by our members, many of whom have benefitted with this move in these days of rising prices and falling interest income, all of which has become a world-wide phenomenon," ICA stated in a media release.
Jay Shah, the Secretary of Board of Control for Cricket in India (BCCI), on Monday announced an increase in the monthly pension of former cricketers and match officials. Shah, made the announcement on Twitter and also stated that due to this decision, around 900 personnel will be benefitted. "I'm pleased to announce an increase in the monthly pension of former cricketers (men & women) and match officials. Around 900 personnel will avail of this benefit and close to 75% of personnel will be beneficiaries of a 100% raise," tweeted Shah.
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Former India women's team captain Mithali Raj on Wednesday announced her retirement from international cricket. Raj, who played 12 Tests, 232 ODIs and 89 T20Is, amassed more than 10,000 runs in international cricket. She released a statement on social media on Wednesday, saying: "Thank you for all your love & support over the years! I look forward to my 2nd innings with your blessing and support." As Mithali brought an end to her illustrious 23-year-old international cricket, Twitter was flooded with congratulatory messages for the 39-year-old.
Sourav Ganguly on Wednesday issued a cryptic tweet about his "new journey" that raised speculations about his continuation as BCCI President, forcing the cricket board secretary Jay Shah to clarify that he has not resigned from his post. "The rumours doing rounds about Mr. Sourav Ganguly stepping down from the post of BCCI President are factually incorrect," BCCI secretary Jay Shah issued a statement to PTI.