Exclusive: Base price for ICC media rights for India can work out to approx $1.5b for four-year, $4b for eight years

Indian Premier League (IPL). Up for grabs are broadcast rights for 50-over World Cups, T20 World Cups and the restructured Champions Trophies for the India markets, both television and digital. The ICC hasn't set a base price for Round One of bidding.

If the auction has to be moved to Round Two - an e-auction - for any reason whatsoever, then one can only assume that the highest bid coming in for Round One will be seen as the benchmark. So, what then should be the base price in Round One, for the bidding to begin? The numbers can only add up if the value of the previous rights cycle - between 2015 and 2023 held by Star - is taken into consideration alongside the number of matches that India will play in these global events and the pro-rata increase in the number of events / games. Here's a look at (FAQ) the numbers, what industry executives have to say, and a calculated assumption on what the base price could be based on the number of 'marquee' games during the rights cycle.What: Broadcast rights for ICC events between 2024 and 2027 and / or 2024 and 2031 only for the India market.

Global value of the previous rights cycle: Broadcaster Star had bought the rights for the 2015-2023 cycle for around US$1.9b and then committed to paying an additional US$197m to the overall value. So, the total value of rights stood at around US$2.1b (approx). Total events over the next eight years: 1.

Two 50-over World Cups, 2. Four T20 World Cups, 3. Two Champions Trophies.

Total events over the next four years: 1. One 50-over World Cup, 2. Two T20 World Cups, 3.

One Champions Trophy. Broadcasters can bid for: Either four years or eight years. They can submit a consolidated bid for television and digital as well as individual bids for the