Former Pakistan captain and all-rounder Shahid Afridi has lavished huge praise on Indian cricket and hailed it for its massive influence on world cricket. Afridi's remark came after BCCI Secretary Jay Shah recently announced that the cash-rich Indian Premier League (IPL) will have a two-and-a-half-month window from next year.

After the IPL media rights were sold for a whopping amount last week, BCCI announced its intention of extending the window for the premier T20 league going forward.&nbsp;For a cumulative figure of INR 48,390.32 crores, the successful bidders -- Disney Star, Viacom18 and Times Internet -- secured media rights for a five-year cycle, from 2023-2027. Thus, it shows the growth of the IPL and also the dominance of&nbsp;Indian cricket.

In this regard, Afridi lauded India and was quoted as saying by Samaa TV, "It all comes down to the market and the economy. The biggest [cricket] market is India. Whatever they will say will happen."

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/is-he-still-playing-cricket-with-same-motivation-afridi-talks-about-attitude-as-he-dwells-on-kohlis-form-488449">'Is he still playing cricket with same motivation?' Afridi talks about 'attitude' as he dwells on Kohli's form</a>

For the unversed, Afridi was one of the few Pakistani players who were part of the inaugural season of the IPL, in 2008. Back then, the 42-year-old was part of the now-defunct Deccan Chargers (DC). Since the first season, no Pakistani has been allowed to take part in the league due to the political tension between the two neighbouring countries.

Meanwhile,&nbsp;the IPL will now have 410 games in the next cycle. There will continue to be&nbsp;74 games each in the next two seasons whereas the number of matches will increase by ten&nbsp;(84)&nbsp;in the following and then be a total of 94 in the 2027 edition of the cash-rich league.

Former Pakistan captain and all-rounder Shahid Afridi has lavished huge praise on Indian cricket and hailed it for its massive influence on world cricket. Afridi's remark came after BCCI Secretary Jay Shah recently announced that the cash-rich Indian Premier League (IPL) will have a two-and-a-half-month window from next year.

Former Pakistan captain and all-rounder Shahid Afridi has lavished huge praise on Indian cricket and hailed it for its massive influence on world cricket. Afridi's remark came after BCCI Secretary Jay Shah recently announced that the cash-rich Indian Premier League (IPL) will have a two-and-a-half-month window from next year. After the IPL media rights were sold for a whopping amount last week, BCCI announced its intention of extending the window for the premier T20 league going forward. For a cumulative figure of INR 48,390.32 crores, the successful bidders -- Disney Star, Viacom18 and Times Internet -- secured media rights for a five-year cycle, from 2023-2027. Thus, it shows the growth of the IPL and also the dominance of Indian cricket. In this regard, Afridi lauded India and was quoted as saying by Samaa TV, "It all comes down to the market and the economy. The biggest [cricket] market is India. Whatever they will say will happen." ALSO READ | 'Is he still playing cricket with same motivation?' Afridi talks about 'attitude' as he dwells on Kohli's form For the unversed, Afridi was one of the few Pakistani players who were part of the inaugural season of the IPL, in 2008. Back then, the 42-year-old was part of the now-defunct Deccan Chargers (DC). Since the first season, no Pakistani has been allowed to take part in the league due to the political tension between the two neighbouring countries. Meanwhile, the IPL will now have 410 games in the next cycle. There will continue to be 74 games each in the next two seasons whereas the number of matches will increase by ten (84) in the following and then be a total of 94 in the 2027 edition of the cash-rich league.

'Whatever they will say will happen' - Shahid Afridi lauds India for huge influence it has on world cricket

The IPL media rights auction was a huge hit as many had their eyes glued on how the proceedings would eventually end. After a three-day auction, the Board of Control for Cricket in India (BCCI)&nbsp;laughed its way to the bank by earning a staggering&nbsp;INR 48,390.52 crore from the media rights auction for IPL 2023-27, i.e.&nbsp;more than&nbsp;two and a half times the amount it earned for the previous cycle&nbsp;in 2018.

Thus, IPL continues to grow worldwide and is now also the second most lucrative sports league across the globe, only behind National Football League (NFL). After the auction, BCCI Secretary Jay Shah was elated with IPL's rising demand and revealed that from the next season, the cash-rich league's window will expand further, i.e. for a two-and-a-half-month period.&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/photos/listing-worlds-most-lucrative-sports-leagues-after-ipl-media-rights-auction-488414">Listing world's most lucrative sports leagues after IPL media rights auction</a>

"From the next FTP cycle, IPL will have an official two-and-a-half-month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC," Shah had said in an interview with PTI. However, the Pakistan Cricket Board (PCB) isn't happy with this development.

Reacting to Shah's revelation, PCB is now eyeing the ICC board meeting at the Commonwealth Games in Birmingham to discuss the topic in length.

"The ICC board meeting will be held during the Commonwealth Games in Birmingham in July and this matter will probably be discussed there," a PCB source said, as per PTI. "Mr Jay Shah has said the BCCI is committed to international bilateral cricket but with so many leagues cropping up and the IPL planning expansion this has to be discussed among the cricket boards," the PCB official further added.

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/is-he-still-playing-cricket-with-same-motivation-afridi-talks-about-attitude-as-he-dwells-on-kohlis-form-488449">'Is he still playing cricket with same motivation?' Afridi talks about 'attitude' as he dwells on Kohli's form</a>

It will be interesting to see if the discussion is carried out at the next ICC board meeting, in Birmingham. If it does, its conclusion will be keenly awaited among all cricket fans.&nbsp;

The IPL media rights auction was a huge hit as many had their eyes glued on how the proceedings would eventually end. After a three-day auction, the Board of Control for Cricket in India (BCCI) laughed its way to the bank by earning a staggering INR 48,390.

The IPL media rights auction was a huge hit as many had their eyes glued on how the proceedings would eventually end. After a three-day auction, the Board of Control for Cricket in India (BCCI) laughed its way to the bank by earning a staggering INR 48,390.52 crore from the media rights auction for IPL 2023-27, i.e. more than two and a half times the amount it earned for the previous cycle in 2018. Thus, IPL continues to grow worldwide and is now also the second most lucrative sports league across the globe, only behind National Football League (NFL). After the auction, BCCI Secretary Jay Shah was elated with IPL's rising demand and revealed that from the next season, the cash-rich league's window will expand further, i.e. for a two-and-a-half-month period. ALSO READ | Listing world's most lucrative sports leagues after IPL media rights auction "From the next FTP cycle, IPL will have an official two-and-a-half-month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC," Shah had said in an interview with PTI. However, the Pakistan Cricket Board (PCB) isn't happy with this development. Reacting to Shah's revelation, PCB is now eyeing the ICC board meeting at the Commonwealth Games in Birmingham to discuss the topic in length. "The ICC board meeting will be held during the Commonwealth Games in Birmingham in July and this matter will probably be discussed there," a PCB source said, as per PTI. "Mr Jay Shah has said the BCCI is committed to international bilateral cricket but with so many leagues cropping up and the IPL planning expansion this has to be discussed among the cricket boards," the PCB official further added. ALSO READ | 'Is he still playing cricket with same motivation?' Afridi talks about 'attitude' as he dwells on Kohli's form It will be interesting to see if the discussion is carried out at the next ICC board meeting, in Birmingham. If it does, its conclusion will be keenly awaited among all cricket fans.

PCB unhappy with IPL's 'two-and-a-half month window'? Discussion likely in ICC's board meeting

Listing world's most lucrative sports leagues after IPL media rights auction

The IPL media rights auction was a huge hit. It created a huge stir on social media platforms as many were hooked to know the results of the auction for the IPL 2023-27 cycle. The three-day affair concluded on Tuesday evening (June 14) with Disney Star retaining the broadcasting rights for the Indian subcontinent, for INR&nbsp;23,575 crore (INR 235.75 billion), whereas Viacom 18 fetched the digital rights for the same region -- for INR 20,500 crore (INR 205 billion) -- along with also securing the rights for 18 special matches during each IPL season (for&nbsp;INR 3,273&nbsp;crore, i.e. INR&nbsp;32.73 billion).

Further, Viacom 18 and Times Internet combined to secure the rights for combined TV and digital rights for&nbsp;the overseas markets. Thus, BCCI had a field day as the richest cricket board, worldwide, is set to&nbsp;generate revenue directly from media rights for INR 48,390 crore. Thus, it&nbsp;takes the revenue generated courtesy of media rights per game to a whopping INR 118 crore (INR 1180 million).&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/ipl-media-rights-auction-disney-star-viacom18-among-winners-as-bcci-earn-unimaginable-amount-488118">IPL media rights auction: Disney Star, Viacom18 among winners as BCCI earns UNIMAGINABLE amount</a>

Here's revealing some crazy numbers behind IPL 2023-27 media rights sale:

1) Sourav Ganguly-led BCCI is set&nbsp;be earn a total of 48,390 for 410 games during the upcoming 2023-27 cycle.

2) Thus, the per-match revenue will be INR 118 crore (INR 1180 million)

3) The per-over return will be INR 2.95 crore, which is INR 29.5 million

4) The per ball-bowled revenue will&nbsp;be an unimaginable INR 49 lakh; i.e. INR 4.9 million.

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/zee-entertainment-enterprises-releases-official-statement-after-transparent-ipl-media-rights-auction-488179">Zee Entertainment Enterprises releases official statement after 'transparent' IPL media rights auction</a>

After the end of proceedings, BCCI Secretary Jay Shah lauded the growth of IPL -- which is the world's second-most lucrative sports league after NFL -- and wrote on Twitter,&nbsp;"India has seen a digital revolution &amp; the sector has endless potential. The digital landscape has changed the way cricket is watched. It has been a big factor in the growth of the game &amp; the Digital India vision. Since its inception, the IPL has been synonymous with growth &amp; today is a red-letter day for India Cricket, with Brand IPL touching a new high with e-auction resulting in INR 48,390 cr value. IPL is now the 2nd most valued sporting league in the world in terms of per match value!"

Further, Shah spilled the beans on IPL's future while talking to&nbsp;PTI&nbsp;and revealed, "Let me inform you that from the next ICC FTP calendar, IPL will have an official two-and-a-half-month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC."

The IPL media rights auction was a huge hit. It created a huge stir on social media platforms as many were hooked to know the results of the auction for the IPL 2023-27 cycle.

The IPL media rights auction was a huge hit. It created a huge stir on social media platforms as many were hooked to know the results of the auction for the IPL 2023-27 cycle. The three-day affair concluded on Tuesday evening (June 14) with Disney Star retaining the broadcasting rights for the Indian subcontinent, for INR 23,575 crore (INR 235.75 billion), whereas Viacom 18 fetched the digital rights for the same region -- for INR 20,500 crore (INR 205 billion) -- along with also securing the rights for 18 special matches during each IPL season (for INR 3,273 crore, i.e. INR 32.73 billion). Further, Viacom 18 and Times Internet combined to secure the rights for combined TV and digital rights for the overseas markets. Thus, BCCI had a field day as the richest cricket board, worldwide, is set to generate revenue directly from media rights for INR 48,390 crore. Thus, it takes the revenue generated courtesy of media rights per game to a whopping INR 118 crore (INR 1180 million). ALSO READ | IPL media rights auction: Disney Star, Viacom18 among winners as BCCI earns UNIMAGINABLE amount Here's revealing some crazy numbers behind IPL 2023-27 media rights sale: 1) Sourav Ganguly-led BCCI is set be earn a total of 48,390 for 410 games during the upcoming 2023-27 cycle. 2) Thus, the per-match revenue will be INR 118 crore (INR 1180 million) 3) The per-over return will be INR 2.95 crore, which is INR 29.5 million 4) The per ball-bowled revenue will be an unimaginable INR 49 lakh; i.e. INR 4.9 million. ALSO READ | Zee Entertainment Enterprises releases official statement after 'transparent' IPL media rights auction After the end of proceedings, BCCI Secretary Jay Shah lauded the growth of IPL -- which is the world's second-most lucrative sports league after NFL -- and wrote on Twitter, "India has seen a digital revolution & the sector has endless potential. The digital landscape has changed the way cricket is watched. It has been a big factor in the growth of the game & the Digital India vision. Since its inception, the IPL has been synonymous with growth & today is a red-letter day for India Cricket, with Brand IPL touching a new high with e-auction resulting in INR 48,390 cr value. IPL is now the 2nd most valued sporting league in the world in terms of per match value!" Further, Shah spilled the beans on IPL's future while talking to PTI and revealed, "Let me inform you that from the next ICC FTP calendar, IPL will have an official two-and-a-half-month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC."

BCCI to earn HUMONGOUSLY per ball! Unimaginable numbers behind IPL 2023-27 media rights auction

On Tuesday early evening (June 14), the three-day IPL media rights auction, for the 2023-27 cycle,&nbsp;finally came to an end. In deals worth a whopping INR&nbsp;48,390.52 crore, Disney-Star secured the television&nbsp;rights for the Indian subcontinent (i.e. Package A), for a whopping&nbsp;INR 23,575 crore (INR 235.75 billion), whereas Viacom18 fetched the digital rights for the same region (Package B), for INR 20,500 crore (INR 205 billion).

Viacom18 also grabbed the rights for&nbsp;18 exclusive IPL games, including the tournament-opener, final,&nbsp;and&nbsp;evening games during the weekends, i.e. by purchasing Package C in the auction -- for&nbsp;INR 3,273&nbsp;crore (INR 32.73 billion). Lastly, Package D was bought by Viacom18 and Times Internet -- which deals with&nbsp;combined TV and digital rights for&nbsp;the overseas markets. Among the other bidders, Zee&nbsp;Entertainment Enterprises was a strong contender to fetch the rights for Package D, however, it lost to Viacom18 and Times Internet. After the end of the proceedings, Rahul Johri --&nbsp;President, 
Business - ZEE Entertainment Enterprises -- congratulated BCCI for carrying out an efficient and transparent auction.

Official Statement from ZEE-

ZEE would like to congratulate the Board of Control for Cricket in India (BCCI) for running an extremely efficient and transparent e-auction process. We are grateful to the BCCI, President, Mr. Sourav Ganguly, Hon'ble Secretary, Mr. Jay Shah and Hon'ble Treasurer, Mr. Arun Dhumal; for their able leadership and unwavering support in enabling ZEE's participation in the IPL Media Rights tender process. At ZEE, we evaluate all business decisions through the prism of value creation for all our stakeholders and we will continue to evaluate every sports property with the same prism” Mr. Rahul Johri, President, 
Business - ZEE Entertainment Enterprises

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/ipl-media-rights-auction-disney-star-viacom18-among-winners-as-bcci-earn-unimaginable-amount-488118">IPL media rights auction: Disney Star, Viacom18 among winners as BCCI earns UNIMAGINABLE amount</a>

In an exclusive PTI interaction, BCCI Secretary Jay Shah -- who was over the moon following the huge inflow of cash for the richest cricket board after the end of the media rights auction -- spilled the beans on Women's IPL and also made a huge claim on what the future looks like for men's premier T20 league.&nbsp;

"Let me inform you that from the next ICC FTP calendar, IPL will have an official two-and-a-half month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC," Shah pointed out.

On the much-awaited commencement of the Women's IPL, Shah stated, "This is a project which is very close to my heart. We will start with either five or six teams in the first edition. I am thrilled at the kind of response we have got from stakeholders. Multiple existing IPL teams have enquired and expressed serious interest in owning WIPL franchises.

Not to forget interest from outside. We are in discussions with other Boards about the possible window when all top cricketers will be available. I can promise that the valuation of the league, franchises and media rights will stun one and all," he added.

On Tuesday early evening (June 14), the three-day IPL media rights auction, for the 2023-27 cycle, finally came to an end. In deals worth a whopping INR 48,390.52 crore, Disney-Star secured the television rights for the Indian subcontinent (i.

On Tuesday early evening (June 14), the three-day IPL media rights auction, for the 2023-27 cycle, finally came to an end. In deals worth a whopping INR 48,390.52 crore, Disney-Star secured the television rights for the Indian subcontinent (i.e. Package A), for a whopping INR 23,575 crore (INR 235.75 billion), whereas Viacom18 fetched the digital rights for the same region (Package B), for INR 20,500 crore (INR 205 billion). Viacom18 also grabbed the rights for 18 exclusive IPL games, including the tournament-opener, final, and evening games during the weekends, i.e. by purchasing Package C in the auction -- for INR 3,273 crore (INR 32.73 billion). Lastly, Package D was bought by Viacom18 and Times Internet -- which deals with combined TV and digital rights for the overseas markets. Among the other bidders, Zee Entertainment Enterprises was a strong contender to fetch the rights for Package D, however, it lost to Viacom18 and Times Internet. After the end of the proceedings, Rahul Johri -- President, Business - ZEE Entertainment Enterprises -- congratulated BCCI for carrying out an efficient and transparent auction. Official Statement from ZEE- ZEE would like to congratulate the Board of Control for Cricket in India (BCCI) for running an extremely efficient and transparent e-auction process. We are grateful to the BCCI, President, Mr. Sourav Ganguly, Hon'ble Secretary, Mr. Jay Shah and Hon'ble Treasurer, Mr. Arun Dhumal; for their able leadership and unwavering support in enabling ZEE's participation in the IPL Media Rights tender process. At ZEE, we evaluate all business decisions through the prism of value creation for all our stakeholders and we will continue to evaluate every sports property with the same prism” Mr. Rahul Johri, President, Business - ZEE Entertainment Enterprises ALSO READ | IPL media rights auction: Disney Star, Viacom18 among winners as BCCI earns UNIMAGINABLE amount In an exclusive PTI interaction, BCCI Secretary Jay Shah -- who was over the moon following the huge inflow of cash for the richest cricket board after the end of the media rights auction -- spilled the beans on Women's IPL and also made a huge claim on what the future looks like for men's premier T20 league. "Let me inform you that from the next ICC FTP calendar, IPL will have an official two-and-a-half month window so that all the top international cricketers can participate. We have had discussions with various boards as well as the ICC," Shah pointed out. On the much-awaited commencement of the Women's IPL, Shah stated, "This is a project which is very close to my heart. We will start with either five or six teams in the first edition. I am thrilled at the kind of response we have got from stakeholders. Multiple existing IPL teams have enquired and expressed serious interest in owning WIPL franchises. Not to forget interest from outside. We are in discussions with other Boards about the possible window when all top cricketers will be available. I can promise that the valuation of the league, franchises and media rights will stun one and all," he added.

Zee Entertainment Enterprises releases official statement after 'transparent' IPL media rights auction

After two days of drama and action, the IPL media rights auction has finally come to a fitting end with a huge inflow of money&nbsp;for the BCCI. The television rights for the Indian subcontinent have been secured by Disney Star for a whopping INR 23,575 crore (INR 235.75 billion)&nbsp;whereas the digital rights -- for the same region -- have gone to Viacom18 for INR 20,500 crore (INR 205 billion). Thus, there will be two broadcasters for IPL for the next five years, from 2023 to 2027.

Package C, a special set of 98 matches for a&nbsp;five-year period,&nbsp;resumed the third day's auction on&nbsp;Tuesday (June 14). It was also fetched by Viacom18 for INR 3,273&nbsp;crore (INR 32.73 billion)&nbsp;-- giving it the rights for 18 exclusive IPL games, including the tournament-opener, final,&nbsp;and&nbsp;evening games during the weekends. Lastly, Package D -- which concluded the entire proceedings -- went for INR 1,058 crore (INR 10.58 billion) with Viacom18 and Times Internet securing the rights.

It is to be noted that the BCCI earned a staggering&nbsp;INR 48,390.52 crore, more than two and a half times more than the previous media rights auction which was held in 2018 (with an overall value of Rs 16,347 crore). In addition,&nbsp;the per match value of the two digital packages (i.e. B and C) is a whopping&nbsp;INR 23,773 crore, which is more&nbsp;than the total amount for the tv rights (INR&nbsp;23,575 crore).&nbsp; 
 
ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/unbelievable-bcci-to-earn-whopping-amount-per-ipl-game-following-tv-digital-rights-auction-report-487758">UNBELIEVABLE! BCCI to earn WHOPPING amount per IPL game following TV, digital rights auction - Report</a>

Here's what all the packages stand for

Package A -&nbsp;It is solely for the Indian sub-continent exclusive TV (broadcast) rights, which had a&nbsp;base price being at INR 490 million per&nbsp;game 
Package B - Catering&nbsp;to the Indian sub-continent with exclusive digital (streaming) rights. The base price was set at INR 330 million per encounter 
Package C -&nbsp;The third and penultimate package is&nbsp;for selected 18 games (such as tournament-opener, final, etc.)&nbsp;in every season for digital space (non-exclusive). The base price was set at INR 110 million for every such game 
Package D&nbsp;- This includes all encounters&nbsp;for combined TV and digital rights catering to the overseas markets, which had a base price of&nbsp;INR 30 million per&nbsp;game

TOTAL VALUES

Package A: INR 23,575 crore (INR 57.50 cr per game for as many as 410 matches)

Package B: INR 20,500 crore (INR 50 cr per match for same number of fixtures)

Package C: INR 3,257.52 crore (INR 33.24 cr per encounter for 98 special matches)

Package D: INR&nbsp;1,058 crore (for combined TV, digital rights for overseas)

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/absolutely-sunil-gavaskar-reacts-after-value-of-ipl-media-rights-goes-through-the-roof-488011">'Absolutely.....' - Sunil Gavaskar reacts after value of IPL media rights goes through the roof</a>

Before the end of proceedings, BCCI Treasurer Arun tweeted saying, "So digital turned out to be bigger than linear TV this season in #IPLMediaRights. I would like to thank all the participants for their interest in the best “Made in India” &nbsp;sports property. In my view the transparency of the whole process is truly Winner no.1.Big thanks to fans!"

When the opening day of the media rights auction commenced, on Sunday (June 12), it was revealed that IPL is now the second most lucrative sports league&nbsp;worldwide after the NFL. What started as a tournament with a lot of certainties riding on it, the IPL has come a long way since its inception in 2008.&nbsp;

Thus, BCCI chief Sourav Ganguly also recently expressed his happiness seeing IPL's remarkable rise and said while speaking at the India Leadership Council event, "I've seen the game evolve, where players like me earned a few hundreds and now have the potential of earning crores. This game is run by the fans, by the people of this country, and by the BCCI, which was formed by cricket fans. This sport is strong and will continue to evolve. The IPL generates more revenue than the English Premier League. It makes me feel happy and proud that the sport I love has evolved to become so strong."

After two days of drama and action, the IPL media rights auction has finally come to a fitting end with a huge inflow of money for the BCCI. The television rights for the Indian subcontinent have been secured by Disney Star for a whopping INR 23,575 crore (INR 235.

After two days of drama and action, the IPL media rights auction has finally come to a fitting end with a huge inflow of money for the BCCI. The television rights for the Indian subcontinent have been secured by Disney Star for a whopping INR 23,575 crore (INR 235.75 billion) whereas the digital rights -- for the same region -- have gone to Viacom18 for INR 20,500 crore (INR 205 billion). Thus, there will be two broadcasters for IPL for the next five years, from 2023 to 2027. Package C, a special set of 98 matches for a five-year period, resumed the third day's auction on Tuesday (June 14). It was also fetched by Viacom18 for INR 3,273 crore (INR 32.73 billion) -- giving it the rights for 18 exclusive IPL games, including the tournament-opener, final, and evening games during the weekends. Lastly, Package D -- which concluded the entire proceedings -- went for INR 1,058 crore (INR 10.58 billion) with Viacom18 and Times Internet securing the rights. It is to be noted that the BCCI earned a staggering INR 48,390.52 crore, more than two and a half times more than the previous media rights auction which was held in 2018 (with an overall value of Rs 16,347 crore). In addition, the per match value of the two digital packages (i.e. B and C) is a whopping INR 23,773 crore, which is more than the total amount for the tv rights (INR 23,575 crore). ALSO READ | UNBELIEVABLE! BCCI to earn WHOPPING amount per IPL game following TV, digital rights auction - Report Here's what all the packages stand for Package A - It is solely for the Indian sub-continent exclusive TV (broadcast) rights, which had a base price being at INR 490 million per game Package B - Catering to the Indian sub-continent with exclusive digital (streaming) rights. The base price was set at INR 330 million per encounter Package C - The third and penultimate package is for selected 18 games (such as tournament-opener, final, etc.) in every season for digital space (non-exclusive). The base price was set at INR 110 million for every such game Package D - This includes all encounters for combined TV and digital rights catering to the overseas markets, which had a base price of INR 30 million per game TOTAL VALUES Package A: INR 23,575 crore (INR 57.50 cr per game for as many as 410 matches) Package B: INR 20,500 crore (INR 50 cr per match for same number of fixtures) Package C: INR 3,257.52 crore (INR 33.24 cr per encounter for 98 special matches) Package D: INR 1,058 crore (for combined TV, digital rights for overseas) ALSO READ | 'Absolutely.....' - Sunil Gavaskar reacts after value of IPL media rights goes through the roof Before the end of proceedings, BCCI Treasurer Arun tweeted saying, "So digital turned out to be bigger than linear TV this season in #IPLMediaRights. I would like to thank all the participants for their interest in the best “Made in India” sports property. In my view the transparency of the whole process is truly Winner no.1.Big thanks to fans!" When the opening day of the media rights auction commenced, on Sunday (June 12), it was revealed that IPL is now the second most lucrative sports league worldwide after the NFL. What started as a tournament with a lot of certainties riding on it, the IPL has come a long way since its inception in 2008. Thus, BCCI chief Sourav Ganguly also recently expressed his happiness seeing IPL's remarkable rise and said while speaking at the India Leadership Council event, "I've seen the game evolve, where players like me earned a few hundreds and now have the potential of earning crores. This game is run by the fans, by the people of this country, and by the BCCI, which was formed by cricket fans. This sport is strong and will continue to evolve. The IPL generates more revenue than the English Premier League. It makes me feel happy and proud that the sport I love has evolved to become so strong."

IPL media rights auction: Disney Star, Viacom18 among winners as BCCI earns UNIMAGINABLE amount

The IPL media rights auction has become a huge talking point on social media and elsewhere. On Day 2 of the auction, the&nbsp;media rights in Package A and Package B (which include Digital and TV rights in the Indian subcontinent) were reportedly sold for a whopping INR&nbsp;44,075 crores (i.e.&nbsp;440.75 billion), putting&nbsp;the valuation of each and every IPL match in excess of&nbsp;INR&nbsp;100 crore (INR 1000 million).

Thus, IPL continues to grow each year. Moreover, the premier T20 tournament has now&nbsp;created history, seeing&nbsp;the highest amount that the media rights of any cricket league in the world have ever been sold for. Thus, it continues to give&nbsp;a strong statement itself about the unprecedented growth of IPL.

Monitoring the IPL media rights auction from sidelines, former Indian opener Sunil Gavaskar also reacted to the humongous growth of the cash-rich league worldwide. In an exclusive interaction with India Today, Gavaskar said,&nbsp;"I never thought that after the first year that the IPL started that these would be the numbers that they would be reaching after 15 years."

"This is absolutely terrific and congratulations to everybody concerned. You are looking at the quality of the coverage. Because the numbers have always been good, the viewers loved it. But this number today, which we have got is mind-boggling. I just want to congratulate the BCCI, the TV executives. They will make sure that the viewer will get a big bang for the buck," added the former Indian captain.

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/ipl-media-rights-action-to-resume-on-day-3-after-whopping-sale-of-indian-broadcast-digital-packages-487847">IPL media rights: Action to resume on Day 3 after whopping sale of Indian broadcast &amp; digital packages</a>

As of now, the names of the winners have not been out as the auction of packages C and D are underway on Tuesday (June 15). Nonetheless, one and all will surely know who have emerged as the winners of the IPL media rights auction in Mumbai.

Irrespective of the winner, IPL's rise has been unbelievable and the upcoming five-year cycle is set to give plenty to cheer for the league's ardent fans across the globe.

The IPL media rights auction has become a huge talking point on social media and elsewhere. On Day 2 of the auction, the media rights in Package A and Package B (which include Digital and TV rights in the Indian subcontinent) were reportedly sold for a whopping INR 44,075 crores (i.

The IPL media rights auction has become a huge talking point on social media and elsewhere. On Day 2 of the auction, the media rights in Package A and Package B (which include Digital and TV rights in the Indian subcontinent) were reportedly sold for a whopping INR 44,075 crores (i.e. 440.75 billion), putting the valuation of each and every IPL match in excess of INR 100 crore (INR 1000 million). Thus, IPL continues to grow each year. Moreover, the premier T20 tournament has now created history, seeing the highest amount that the media rights of any cricket league in the world have ever been sold for. Thus, it continues to give a strong statement itself about the unprecedented growth of IPL. Monitoring the IPL media rights auction from sidelines, former Indian opener Sunil Gavaskar also reacted to the humongous growth of the cash-rich league worldwide. In an exclusive interaction with India Today, Gavaskar said, "I never thought that after the first year that the IPL started that these would be the numbers that they would be reaching after 15 years." "This is absolutely terrific and congratulations to everybody concerned. You are looking at the quality of the coverage. Because the numbers have always been good, the viewers loved it. But this number today, which we have got is mind-boggling. I just want to congratulate the BCCI, the TV executives. They will make sure that the viewer will get a big bang for the buck," added the former Indian captain. ALSO READ | IPL media rights: Action to resume on Day 3 after whopping sale of Indian broadcast & digital packages As of now, the names of the winners have not been out as the auction of packages C and D are underway on Tuesday (June 15). Nonetheless, one and all will surely know who have emerged as the winners of the IPL media rights auction in Mumbai. Irrespective of the winner, IPL's rise has been unbelievable and the upcoming five-year cycle is set to give plenty to cheer for the league's ardent fans across the globe.

'Absolutely.....' - Sunil Gavaskar reacts after value of IPL media rights goes through the roof

The IPL media rights auction commenced on Sunday (June 12) and has created a huge stir on social media platforms and elsewhere. The auction for media rights for five&nbsp;seasons (2023-2027) has seen the completion of packages A and B. For the unversed, package A for TV rights has been bagged by a broadcaster (not revealed yet) for INR 575 million&nbsp;per match whereas&nbsp;package B for Digital rights has been fetched by someone else for a staggering INR 500 million.

According to Cricbuzz, two different entities have claimed&nbsp;the TV and Digital rights. The entity with the TV rights had even gone ahead and challenged for the digital rights when bids were closed for the latter at INR 480 million. However, the second entity emerged on top and, hence, there&nbsp;can be two different broadcasters in all likelihood for the upcoming IPL seasons, til 2027. As of now, with 1075 million&nbsp;per match, the rights for packages A and B sit at a total of INR 44,075 crore (i.e. 440.75 billion) for the next five-year period for the cash-rich league. The TV rights were purchased for Rs. 23,575 crores whereas&nbsp;the digital has been bought&nbsp;for an unbelievable 20,500 crores.

The auction for package C and package D is still far from over as the media rights auction have now spilled to the third day, which will take place on Tuesday (June 13).

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/ipl-media-rights-bidding-war-crosses-53-billion-mark-more-than-double-of-previous-value-reports-487516">IPL media rights bidding war crosses $5.3 billion mark, more than double of previous value - Reports</a>

A reminder about the four packages:

Package A - Solely for the Indian sub-continent exclusive TV (broadcast) rights with the base price being at INR 490 million&nbsp;a game 
Package B - Only caters to the Indian sub-continent exclusive Digital (streaming) rights. The base price was INR 330 million per match 
Package C - Only for selected 18 games (such as tournament-opener, playoffs, final, etc.)&nbsp;in each season for digital space (non-exclusive), with&nbsp;the base price being at INR 110 million&nbsp;per game 
Package D - For all encounters&nbsp;for combined TV and digital rights for overseas markets at INR 30 million a game

The IPL media rights auction commenced on Sunday (June 12) and has created a huge stir on social media platforms and elsewhere. The auction for media rights for five seasons (2023-2027) has seen the completion of packages A and B.

The IPL media rights auction commenced on Sunday (June 12) and has created a huge stir on social media platforms and elsewhere. The auction for media rights for five seasons (2023-2027) has seen the completion of packages A and B. For the unversed, package A for TV rights has been bagged by a broadcaster (not revealed yet) for INR 575 million per match whereas package B for Digital rights has been fetched by someone else for a staggering INR 500 million. According to Cricbuzz, two different entities have claimed the TV and Digital rights. The entity with the TV rights had even gone ahead and challenged for the digital rights when bids were closed for the latter at INR 480 million. However, the second entity emerged on top and, hence, there can be two different broadcasters in all likelihood for the upcoming IPL seasons, til 2027. As of now, with 1075 million per match, the rights for packages A and B sit at a total of INR 44,075 crore (i.e. 440.75 billion) for the next five-year period for the cash-rich league. The TV rights were purchased for Rs. 23,575 crores whereas the digital has been bought for an unbelievable 20,500 crores. The auction for package C and package D is still far from over as the media rights auction have now spilled to the third day, which will take place on Tuesday (June 13). ALSO READ | IPL media rights bidding war crosses $5.3 billion mark, more than double of previous value - Reports A reminder about the four packages: Package A - Solely for the Indian sub-continent exclusive TV (broadcast) rights with the base price being at INR 490 million a game Package B - Only caters to the Indian sub-continent exclusive Digital (streaming) rights. The base price was INR 330 million per match Package C - Only for selected 18 games (such as tournament-opener, playoffs, final, etc.) in each season for digital space (non-exclusive), with the base price being at INR 110 million per game Package D - For all encounters for combined TV and digital rights for overseas markets at INR 30 million a game

UNBELIEVABLE! BCCI to earn WHOPPING amount per IPL game following TV, digital rights auction - Report

The IPL media rights auction has generated a lot of buzz on social media platforms and elsewhere. It was yet another action-packed Day 2 of the media rights auction, however, one could still not know the end result as the auction will now resume on Day 3, on Tuesday (June 13).

Day 2 mainly saw the Indian broadcast and digital rights being sold for a whopping price, i.e.&nbsp;INR&nbsp;44, 075 crores (i.e. 440.75 billion) for 410 matches. Thus, it means a huge inflow of cash for the Board of Control for Cricket in India (BCCI) as the board is all set to&nbsp;earn INR&nbsp;107.5 crore (INR 1075 million)&nbsp;for each and every&nbsp;IPL game&nbsp;in the upcoming&nbsp;five-year cycle courtesy of TV and streaming rights.

The action on Day 2 came to a fitting end, in the evening (around 6 pm) when the bidding for package C was underway. For the unversed, package C is solely for selected 18 games in an IPL season&nbsp;(such as tournament-opener, playoffs, final, etc.)&nbsp;for digital space (non-exclusive), having a base price of&nbsp;INR 110 million&nbsp;per encounter. The base price for package A and B was set at INR 480 million and 330 million, respectively, by the&nbsp;BCCI.

Lastly, package D&nbsp;is a&nbsp;combined TV and digital rights for overseas markets&nbsp;(with a base price of Rs 3 crore -- INR 30 million). Thus, the names will be announced on Tuesday (June 14).

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/unbelievable-bcci-to-earn-whopping-amount-per-ipl-game-following-tv-digital-rights-auction-report-487758">UNBELIEVABLE! BCCI to earn WHOPPING amount per IPL game following TV, digital rights auction - Report</a>

While the suspense has been carried forward for another day, many reports state that Disney-Star have attained the rights for television (package A) whereas Viacom 18 (Jio) have grabbed the rights for digital.

One can expect some twists and turns, but surely the names will be announced on Tuesday.&nbsp;

The IPL media rights auction has generated a lot of buzz on social media platforms and elsewhere. It was yet another action-packed Day 2 of the media rights auction, however, one could still not know the end result as the auction will now resume on Day 3, on Tuesday (June 13).

The IPL media rights auction has generated a lot of buzz on social media platforms and elsewhere. It was yet another action-packed Day 2 of the media rights auction, however, one could still not know the end result as the auction will now resume on Day 3, on Tuesday (June 13). Day 2 mainly saw the Indian broadcast and digital rights being sold for a whopping price, i.e. INR 44, 075 crores (i.e. 440.75 billion) for 410 matches. Thus, it means a huge inflow of cash for the Board of Control for Cricket in India (BCCI) as the board is all set to earn INR 107.5 crore (INR 1075 million) for each and every IPL game in the upcoming five-year cycle courtesy of TV and streaming rights. The action on Day 2 came to a fitting end, in the evening (around 6 pm) when the bidding for package C was underway. For the unversed, package C is solely for selected 18 games in an IPL season (such as tournament-opener, playoffs, final, etc.) for digital space (non-exclusive), having a base price of INR 110 million per encounter. The base price for package A and B was set at INR 480 million and 330 million, respectively, by the BCCI. Lastly, package D is a combined TV and digital rights for overseas markets (with a base price of Rs 3 crore -- INR 30 million). Thus, the names will be announced on Tuesday (June 14). ALSO READ | UNBELIEVABLE! BCCI to earn WHOPPING amount per IPL game following TV, digital rights auction - Report While the suspense has been carried forward for another day, many reports state that Disney-Star have attained the rights for television (package A) whereas Viacom 18 (Jio) have grabbed the rights for digital. One can expect some twists and turns, but surely the names will be announced on Tuesday.

IPL media rights: Action to resume on Day 3 after whopping sale of Indian broadcast & digital packages

There is an intense bidding war between some of the biggest media houses and conglomerates in the ongoing e-auction for the Indian Premier League (IPL) media rights. The IPL media rights for the upcoming five-year cycle from 2023 to 2027 are up for grabs at the ongoing e-auction. Disney Star, Sony, Zee, SuperSport and Viacom 18/Reliance are some of the major contenders in the fray to clinch the broadcasting rights of the biggest T20 league in the world for the next five years.

The e-auction for the IPl media rights for the 2023-27 cycle got underway at around 11 AM IST on June 12 (Sunday) with packages A and B going under the hammer first. The media rights have been categorised into a total of four packages by the Board of Control for Cricket in India (BCCI) this time around.

Package A consists of the TV rights for the Indian subcontinents while package B consists of the digital rights for the Indian subcontinent. Package C is a special bouquet of 18 matches, including some weekend games and playoffs while package D consists of the TV and digital rights of the rest of the world.

While the IPL media rights auction is not being televised, as per the latest reports the combined bidding for packages A and B has already crossed the Rs 42,0000 crore (approx $5.3 billion) mark and the interested parties are still locked in an intense battle to secure the media rights for the next five-year cycle.

Also Read:<a href="https://www.wionews.com/sports/ipl-media-rights-with-12-million-per-match-ipl-only-behind-nfl-as-worlds-2nd-most-lucrative-sports-league-487443">&nbsp;With $12 million per match, IPL only behind NFL as world's 2nd most lucrative sports league</a>

With the bidding reaching the $5.3 billon-mark, it has already more than doubled from its value in the last five-year cycle. Star had bought the IPL media rights for the 2018 to 2022 cycle for a sum of Rs&nbsp;16,347 crore (approx $2.5 billion) back then.

When will the winner of IPL media rights 2023-27 cycle be declared?

The bidding war on Day 1 of the auction ie Sunday (June 12) will go on till 6 PM IST. The auction will then move to the next day and the winner will be announced only after the bidding war for all four packages has been concluded. The result of the auction is expected to come late on Monday or Tuesday.

Also Read:&nbsp;<a href="https://www.wionews.com/sports/ipl-generates-more-revenue-than-english-premier-league-claims-bcci-president-sourav-ganguly-487487">IPL generates more revenue than English Premier League, claims BCCI president Sourav Ganguly</a>

The base price of the IPL media rights combined was set at around Rs 32,890 crore (Approx 4.2 billion USD), however, it has already crossed the Rs 42,000 crore ($5.3 billion)-mark with packages C and D yet to go under the hammer. By the end of the e-auction for the IPL media rights, BCCI can expect the value of the tournament to go up significantly and rank among the most lucrative sporting leagues in the world.

&nbsp;

There is an intense bidding war between some of the biggest media houses and conglomerates in the ongoing e-auction for the Indian Premier League (IPL) media rights.

There is an intense bidding war between some of the biggest media houses and conglomerates in the ongoing e-auction for the Indian Premier League (IPL) media rights. The IPL media rights for the upcoming five-year cycle from 2023 to 2027 are up for grabs at the ongoing e-auction. Disney Star, Sony, Zee, SuperSport and Viacom 18/Reliance are some of the major contenders in the fray to clinch the broadcasting rights of the biggest T20 league in the world for the next five years. The e-auction for the IPl media rights for the 2023-27 cycle got underway at around 11 AM IST on June 12 (Sunday) with packages A and B going under the hammer first. The media rights have been categorised into a total of four packages by the Board of Control for Cricket in India (BCCI) this time around. Package A consists of the TV rights for the Indian subcontinents while package B consists of the digital rights for the Indian subcontinent. Package C is a special bouquet of 18 matches, including some weekend games and playoffs while package D consists of the TV and digital rights of the rest of the world. While the IPL media rights auction is not being televised, as per the latest reports the combined bidding for packages A and B has already crossed the Rs 42,0000 crore (approx $5.3 billion) mark and the interested parties are still locked in an intense battle to secure the media rights for the next five-year cycle. Also Read: With $12 million per match, IPL only behind NFL as world's 2nd most lucrative sports league With the bidding reaching the $5.3 billon-mark, it has already more than doubled from its value in the last five-year cycle. Star had bought the IPL media rights for the 2018 to 2022 cycle for a sum of Rs 16,347 crore (approx $2.5 billion) back then. When will the winner of IPL media rights 2023-27 cycle be declared? The bidding war on Day 1 of the auction ie Sunday (June 12) will go on till 6 PM IST. The auction will then move to the next day and the winner will be announced only after the bidding war for all four packages has been concluded. The result of the auction is expected to come late on Monday or Tuesday. Also Read: IPL generates more revenue than English Premier League, claims BCCI president Sourav Ganguly The base price of the IPL media rights combined was set at around Rs 32,890 crore (Approx 4.2 billion USD), however, it has already crossed the Rs 42,000 crore ($5.3 billion)-mark with packages C and D yet to go under the hammer. By the end of the e-auction for the IPL media rights, BCCI can expect the value of the tournament to go up significantly and rank among the most lucrative sporting leagues in the world.

IPL media rights bidding war crosses $5.3 billion mark, more than double of previous value - Reports

The Indian Premier League (IPL) is all set to scale new heights in the upcoming days as the Board of Control for Cricket in India (BCCI) is expecting an intense bidding war between some of the biggest broadcasting and digital giants across the globe to battle it out for the IPL media rights for the 2023-27 cycle. The BCCI expects a huge cash influx as the media rights for the world's biggest T20 league is up for grabs at the ongoing e-auction.

BCCI secretary Jay Shah is optimistic about the IPL growing into a bigger brand and leapfrogging the likes of the English Premier League (EPL) and Major League Baseball (MLB) to become the second-most lucrative sporting league in the world behind only the National Football League (NFL) after the conclusion of the IPL&nbsp;media rights e-auction which got underway on Sunday (June 12).

IPL currently ranks as the fourth biggest sporting league in the world in terms of "per match broadcasting fees" behind NFL, EPL and the Major League Baseball. However, Shah expects the cash-rich T20 league to jump to the second spot after the IPL media rights auction for the 2023-27 cycle.

Shah revealed IPL was earning $9 million per match in the last five-year cycle with Disney Star securing the media rights of the tournament from 2018 to 2022. However, the BCCI secretary claimed the valuation will now jump to at least $12 million per game even if the rights are sold at the base price that has been set by the BCCI.

“At present, a National Football League game costs a broadcaster about $17 million, which is the highest for any sports league. That’s followed by the English Premier League, at $11 million and the Major League Baseball figure, too, is roughly the same. In the last five-year cycle, we got $9 million from one IPL game. This time, going by the present minimum base price that we have set, BCCI will get paid $12 million per IPL match. That’s a giant leap for Indian cricket on the world stage. We will be just behind NFL,” Shah was quoted as saying by The Indian Express in an interview.

Also Read:&nbsp;<a href="https://www.wionews.com/sports/ipl-media-rights-auction-everything-you-need-to-know-about-date-time-bidders-base-price-487144">IPL media rights auction: Everything you need to know about date, time, bidders, base price</a>

Star had bought the IPL rights for the 2018-22 cycle for a sum of around USD 3 billion back then. However, the BCCI is expecting the amount to double this time around with a number of major contenders in the fray. The likes of Zee, Reliance, Sony, Star and SuperSport among others will be locking horns to secure the TV and the digital rights of the IPL for the next five-year cycle.

Amazon were also in the race to secure the digital rights of the tournament but ended up pulling out at the last moment. However, despite Amazon throwing in the towel, BCCI remains bullish on the media rights and expects the bidding war to cross the&nbsp;&nbsp;$7 billion mark.

The media rights have been divided into four separate packages - A, B, C and D. While package A consists of the television rights for the Indian subcontinent, package B consists of the digital rights for the Indian subcontinent. Package C is a bouquet of special matches while D consists of overseas TV and digital rights.

Also Read:&nbsp;<a href="https://www.wionews.com/sports/sri-lanka-shatter-world-record-as-dasun-shanaka-helps-them-pull-off-epic-run-chase-against-australia-487415">Sri Lanka shatter world record as Dasun Shanaka helps them pull off epic run-chase against Australia</a>

Explaining the idea behind introducing package C - which consists of weekend games and playoff matches, Shah said the BCCI wanted to increase the number of broadcasting partners this time around in order to also help cricket expand its reach.

“If we had done this conventionally, we would have only a limited number of participants. We introduced Package C because we wanted many players to participate in the tendering process. This helps cricket grow, we need to expand the game and this will help. If more players are in the fray, it will be good for the game,” Shah told the Indian Express. “They have seven broadcasting partners, we are looking at just three or four," he added citing NFL's example.

&nbsp;

The Indian Premier League (IPL) is all set to scale new heights in the upcoming days as the Board of Control for Cricket in India (BCCI) is expecting an intense bidding war between some of the biggest broadcasting and digital giants across the globe to battle it out for the IPL media rights for the 2023-27 cycle.

The Indian Premier League (IPL) is all set to scale new heights in the upcoming days as the Board of Control for Cricket in India (BCCI) is expecting an intense bidding war between some of the biggest broadcasting and digital giants across the globe to battle it out for the IPL media rights for the 2023-27 cycle. The BCCI expects a huge cash influx as the media rights for the world's biggest T20 league is up for grabs at the ongoing e-auction. BCCI secretary Jay Shah is optimistic about the IPL growing into a bigger brand and leapfrogging the likes of the English Premier League (EPL) and Major League Baseball (MLB) to become the second-most lucrative sporting league in the world behind only the National Football League (NFL) after the conclusion of the IPL media rights e-auction which got underway on Sunday (June 12). IPL currently ranks as the fourth biggest sporting league in the world in terms of "per match broadcasting fees" behind NFL, EPL and the Major League Baseball. However, Shah expects the cash-rich T20 league to jump to the second spot after the IPL media rights auction for the 2023-27 cycle. Shah revealed IPL was earning $9 million per match in the last five-year cycle with Disney Star securing the media rights of the tournament from 2018 to 2022. However, the BCCI secretary claimed the valuation will now jump to at least $12 million per game even if the rights are sold at the base price that has been set by the BCCI. “At present, a National Football League game costs a broadcaster about $17 million, which is the highest for any sports league. That’s followed by the English Premier League, at $11 million and the Major League Baseball figure, too, is roughly the same. In the last five-year cycle, we got $9 million from one IPL game. This time, going by the present minimum base price that we have set, BCCI will get paid $12 million per IPL match. That’s a giant leap for Indian cricket on the world stage. We will be just behind NFL,” Shah was quoted as saying by The Indian Express in an interview. Also Read: IPL media rights auction: Everything you need to know about date, time, bidders, base price Star had bought the IPL rights for the 2018-22 cycle for a sum of around USD 3 billion back then. However, the BCCI is expecting the amount to double this time around with a number of major contenders in the fray. The likes of Zee, Reliance, Sony, Star and SuperSport among others will be locking horns to secure the TV and the digital rights of the IPL for the next five-year cycle. Amazon were also in the race to secure the digital rights of the tournament but ended up pulling out at the last moment. However, despite Amazon throwing in the towel, BCCI remains bullish on the media rights and expects the bidding war to cross the $7 billion mark. The media rights have been divided into four separate packages - A, B, C and D. While package A consists of the television rights for the Indian subcontinent, package B consists of the digital rights for the Indian subcontinent. Package C is a bouquet of special matches while D consists of overseas TV and digital rights. Also Read: Sri Lanka shatter world record as Dasun Shanaka helps them pull off epic run-chase against Australia Explaining the idea behind introducing package C - which consists of weekend games and playoff matches, Shah said the BCCI wanted to increase the number of broadcasting partners this time around in order to also help cricket expand its reach. “If we had done this conventionally, we would have only a limited number of participants. We introduced Package C because we wanted many players to participate in the tendering process. This helps cricket grow, we need to expand the game and this will help. If more players are in the fray, it will be good for the game,” Shah told the Indian Express. “They have seven broadcasting partners, we are looking at just three or four," he added citing NFL's example.

IPL media rights: With $12 million per match, IPL only behind NFL as world's 2nd most lucrative sports league

IPL 2022 was a huge hit worldwide. It saw the tournament grow further with the addition of two new teams, i.e. eventual winners Gujarat Titans (GT) and Lucknow Super Giants (LSG), and now the focus shifts on the IPL media rights auction as some of the biggest media houses in the country will lock horns in an E-auction&nbsp;to earn the broadcasting rights of the world's richest cricket league on their platform.

For the unversed, the eventual winners from the bidding will win the rights to broadcast the league for a five-year cycle, starting&nbsp;the next year's IPL&nbsp;in 2023 till 2027.

When will the E-auction take place?

The E-auction for the IPL's media-rights is set to commence&nbsp;on Sunday (June 12) at 11:00 AM IST, as per various reports. There is no expected end time or&nbsp;date, hence, there is a high chance that the bidding could&nbsp;carry&nbsp;on for more than a day.

What's up for grabs?

The entire proceedings have&nbsp;been divided into a total of four packages (A, B, C, and D). While package A comprise&nbsp;TV rights for the Indian subcontinent only, the package B will have&nbsp;the digital rights for the same region. Talking about the package C, it&nbsp;will have digital rights for a special set of matches for the Indian subcontinent (such as final, the playoff matches,&nbsp;tournament opener, and few&nbsp;weekend games held in the evening). At last, the&nbsp;package D is set to have TV and digital rights for the rest of the world.

ALSO READ |&nbsp;<a href="https://www.wionews.com/sports/amazon-likely-to-pull-out-of-77-billion-ipl-media-rights-race-report-486880">Amazon likely to pull out of $7.7 billion IPL media rights race - Report</a>

What is the base price and how will the process happen?

All the packages have&nbsp;a separate base price. Here is what the base price for all four packages for the current auction is -

Package A - INR&nbsp;490 million&nbsp;per match

Package B - INR 330 million a match

Package C - INR 110 million&nbsp;per match

Package D- INR&nbsp;30 million a match

The bids for package A and B will be placed simultaneously. Later on, the bids for package C and D will be carried out&nbsp;together.

The bidders

While Amazon&nbsp;withdrew its name recently, some of the biggest media houses&nbsp;are still in the race and are all set&nbsp;to be involved in an intensely-heated bidding. The Reliance-owned Viacom TV 18 Group, Disney-owned Star Group, and Sony-Zee are some renowned names&nbsp;in the bidding process.

IPL 2022 was a huge hit worldwide. It saw the tournament grow further with the addition of two new teams, i.e. eventual winners Gujarat Titans (GT) and Lucknow Super Giants (LSG), and now the focus shifts on the IPL media rights auction as some of the biggest media houses in the country will lock horns in an E-auction to earn the broadcasting rights of the world's richest cricket league on their platform.

IPL 2022 was a huge hit worldwide. It saw the tournament grow further with the addition of two new teams, i.e. eventual winners Gujarat Titans (GT) and Lucknow Super Giants (LSG), and now the focus shifts on the IPL media rights auction as some of the biggest media houses in the country will lock horns in an E-auction to earn the broadcasting rights of the world's richest cricket league on their platform. For the unversed, the eventual winners from the bidding will win the rights to broadcast the league for a five-year cycle, starting the next year's IPL in 2023 till 2027. When will the E-auction take place? The E-auction for the IPL's media-rights is set to commence on Sunday (June 12) at 11:00 AM IST, as per various reports. There is no expected end time or date, hence, there is a high chance that the bidding could carry on for more than a day. What's up for grabs? The entire proceedings have been divided into a total of four packages (A, B, C, and D). While package A comprise TV rights for the Indian subcontinent only, the package B will have the digital rights for the same region. Talking about the package C, it will have digital rights for a special set of matches for the Indian subcontinent (such as final, the playoff matches, tournament opener, and few weekend games held in the evening). At last, the package D is set to have TV and digital rights for the rest of the world. ALSO READ | Amazon likely to pull out of $7.7 billion IPL media rights race - Report What is the base price and how will the process happen? All the packages have a separate base price. Here is what the base price for all four packages for the current auction is - Package A - INR 490 million per match Package B - INR 330 million a match Package C - INR 110 million per match Package D- INR 30 million a match The bids for package A and B will be placed simultaneously. Later on, the bids for package C and D will be carried out together. The bidders While Amazon withdrew its name recently, some of the biggest media houses are still in the race and are all set to be involved in an intensely-heated bidding. The Reliance-owned Viacom TV 18 Group, Disney-owned Star Group, and Sony-Zee are some renowned names in the bidding process.

IPL media rights auction: Everything you need to know about date, time, bidders, base price

IPL media rights will be up for grabs when the Board of Control for Cricket in India (BCCI) conduct the much-awaited e-auction on Sunday (June 12). A number of big companies are in the fray to secure the IPL media rights for the next five-year cycle from 2023 to 2027. Disney/Star held the IPL media rights for the 2018-2022 cycle and will be looking to do all they could to ensure they can retain the broadcasting rights of one of the biggest sporting events in the world at present.

While a number of big names are set to battle it out for the broadcasting rights of the IPL for the 2023-27 cycle, Amazon INC is likely to pull out of the race. As per a report in Bloomberg, Jeff Bezos' Amazon is planning to withdraw from the race which is also set to involve arch-rival Mukesh Ambani's Reliance Industries Ltd among other big players.

The report claims that Amazon has already invested more than 6 billion USD in the country and is not looking to spend a huge sum to acquire the IPL streaming rights for the next five years. Amazon has reportedly thrown the towel and will not engage in a bidding war for the IPL media rights which is set to fetch BCCI a staggering 7.7 million USD.

Also Read:&nbsp;<a href="https://www.wionews.com/sports/rishabh-pant-joins-virat-kohli-in-unwanted-list-after-india-lose-first-t20i-against-south-africa-by-7-wickets-486851">Rishabh Pant joins Virat Kohli in unwanted list after India lose 1st&nbsp;T20I against South Africa by 7 wickets</a>

As per the report, Amazon was initially interested in taking on the likes of Reliance and Disney to bag the IPL media rights for the next five years having identified the Indian T20 league as one of the half-dozen global sporting events they were interested in. However, they have now decided to not take part in the e-auction to be held on Sunday.

Star had bought the IPL media rights in 2017 for a sum of $2.55 billion. However, the amount is expected to rise around three&nbsp;times this year with the IPL growing into a ten-team tournament now. This will be the first time that the BCCI will sell the media rights of the biggest T20 league in the world through an e-auction.

Also Read:&nbsp;<a href="https://www.wionews.com/sports/cant-ask-rohit-sharma-and-kl-rahul-to-drop-themselves-to-make-me-play-in-team-india-ishan-kishan-486834">Can't ask Rohit Sharma and KL Rahul to drop themselves to make me play in Team India: Ishan Kishan</a>

The IPL media rights have been divided into four packages - A, B, C, and D. While package A will consist of TV rights for the Indian subcontinent only, package B will have&nbsp;the digital rights for the Indian subcontinent only. package C will have digital rights for a special set of matches for the Indian subcontinent while package D will have TV and digital rights for the rest of the world.

As per ESPN Cricinfo, the base price of package A is around Rs 18,130 crore (USD 2.33 billion), package B is around Rs 12,210 crore (USD 1.57 billion) and package D will be INR 1,110 crore (USD 142.8 million) respectively.

&nbsp;

IPL media rights will be up for grabs when the Board of Control for Cricket in India (BCCI) conduct the much-awaited e-auction on Sunday (June 12). A number of big companies are in the fray to secure the IPL media rights for the next five-year cycle from 2023 to 2027.

IPL media rights will be up for grabs when the Board of Control for Cricket in India (BCCI) conduct the much-awaited e-auction on Sunday (June 12). A number of big companies are in the fray to secure the IPL media rights for the next five-year cycle from 2023 to 2027. Disney/Star held the IPL media rights for the 2018-2022 cycle and will be looking to do all they could to ensure they can retain the broadcasting rights of one of the biggest sporting events in the world at present. While a number of big names are set to battle it out for the broadcasting rights of the IPL for the 2023-27 cycle, Amazon INC is likely to pull out of the race. As per a report in Bloomberg, Jeff Bezos' Amazon is planning to withdraw from the race which is also set to involve arch-rival Mukesh Ambani's Reliance Industries Ltd among other big players. The report claims that Amazon has already invested more than 6 billion USD in the country and is not looking to spend a huge sum to acquire the IPL streaming rights for the next five years. Amazon has reportedly thrown the towel and will not engage in a bidding war for the IPL media rights which is set to fetch BCCI a staggering 7.7 million USD. Also Read: Rishabh Pant joins Virat Kohli in unwanted list after India lose 1st T20I against South Africa by 7 wickets As per the report, Amazon was initially interested in taking on the likes of Reliance and Disney to bag the IPL media rights for the next five years having identified the Indian T20 league as one of the half-dozen global sporting events they were interested in. However, they have now decided to not take part in the e-auction to be held on Sunday. Star had bought the IPL media rights in 2017 for a sum of $2.55 billion. However, the amount is expected to rise around three times this year with the IPL growing into a ten-team tournament now. This will be the first time that the BCCI will sell the media rights of the biggest T20 league in the world through an e-auction. Also Read: Can't ask Rohit Sharma and KL Rahul to drop themselves to make me play in Team India: Ishan Kishan The IPL media rights have been divided into four packages - A, B, C, and D. While package A will consist of TV rights for the Indian subcontinent only, package B will have the digital rights for the Indian subcontinent only. package C will have digital rights for a special set of matches for the Indian subcontinent while package D will have TV and digital rights for the rest of the world. As per ESPN Cricinfo, the base price of package A is around Rs 18,130 crore (USD 2.33 billion), package B is around Rs 12,210 crore (USD 1.57 billion) and package D will be INR 1,110 crore (USD 142.8 million) respectively.

Amazon likely to pull out of $7.7 billion IPL media rights race - Report

ipl-media-rights-auction

Ipl Media Rights Auction, News on Ipl Media Rights Auction, stories on Ipl Media Rights Auction, articles on Ipl Media Rights Auction, Ipl Media Rights Auction stories at Wion, Ipl Media Rights Auction news, Ipl Media Rights Auction latest news

ipl media-rights-auction