BCCI earns ₹9,742 crore in FY24, IPL accounts for 59% of revenue

The Board of Control for Cricket in India (BCCI), the financial engine of Indian cricket, reported a record revenue of ₹9,741.7 crore for the fiscal year 2023–24, underlining the scale, depth, and growing diversification of its business operations. This revenue figure not only confirms the BCCI’s dominance in global cricket economics but also reflects the commercial maturity of India’s cricketing ecosystem.

A new report by ICYMI, Rediffusion’s aggregated news platform, offers a detailed breakdown of the sources of BCCI’s income and reveals how cricket in India continues to evolve into one of the country’s most lucrative entertainment businesses.

Indian Premier League (IPL), which alone contributed ₹5,761 crore — a staggering 59.10% of the board’s total annual revenue. This figure reaffirms the IPL’s role as the cornerstone of Indian cricket economics, not only driving broadcasting and sponsorship income but also spurring digital rights, merchandising, and licensing deals.

Now in its second decade, the IPL has become more than a tournament — it’s a massive commercial property that rivals the biggest sporting leagues globally in terms of valuation and visibility.

ICC Distribution: India’s Clout on the Global Stage

The BCCI also received ₹1,042 crore from the International Cricket Council (ICC), accounting for 10.70% of total revenue. This figure underscores India’s outsized role in the global cricket economy — both as a revenue contributor and as a bargaining power at the ICC table.

With India hosting major tournaments and commanding large viewership globally, the ICC distribution reflects BCCI’s ability to convert its global relevance into hard cash.

A less visible but equally important revenue stream for BCCI came from interest income on fixed deposits and investments, amounting to ₹987 crore or 10.10% of total revenue. This highlights the board’s strategic financial management and its ability to generate returns beyond active cricket events.

Such robust interest income points to a strong corpus and prudent investment strategy — often underappreciated aspects of BCCI’s financial model.

While the IPL dominates headlines, BCCI also earned ₹361 crore (3.9%) from non-IPL media rights, largely attributed to international bilateral series and home tournaments. This income stream remains critical for ensuring year-round fan engagement and television presence beyond the IPL season.

One of the standout stories of FY24 was the commercial debut of the Women’s Premier League (WPL). The tournament contributed ₹378 crore — also 3.9% of BCCI’s overall revenue — in its first full fiscal cycle.

This impressive figure signals a promising future for women's cricket in India and marks a shift toward more gender-inclusive monetization in the sport. With increasing viewership, brand endorsements, and sponsorship traction, the WPL is poised to become a meaningful revenue driver in the coming years.

Revenue from India’s home international matches — including ticket sales, hospitality, and commercial rights — contributed another ₹361 crore (3.7%) to the BCCI’s books. While this stream may seem modest compared to IPL numbers, it remains vital for maintaining the traditional format of the game and sustaining interest in Test and ODI cricket.

The BCCI reported ₹400 crore (4.1%) under ‘Other Income,’ which likely includes a mix of sponsorship royalties, licensing agreements, staging fees, and other commercial partnerships. This shows that even when cricket isn’t being played on the field, the sport continues to sell — through brands, events, and IP.

Together, these numbers reflect a well-diversified and future-facing revenue model. The IPL’s consistent performance, combined with the emerging WPL, strong returns on investment, and substantial ICC payouts, illustrates a cricket economy built on strategic planning and deep fan loyalty.

As India continues to lead global cricket in viewership, sponsorship, and talent development, the BCCI's financial model serves as a blueprint for how sports organizations can scale revenue, invest in new opportunities, and create long-term economic impact.

The BCCI’s ₹9,742 crore revenue in FY24 is a testament to cricket’s enduring appeal in India and the board’s savvy in translating that appeal into diversified income. With fan engagement at an all-time high and new properties like WPL gaining traction, BCCI is not just managing Indian cricket — it’s building one of the world’s most valuable sports ecosystems.