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IPL rights packages sell for $6.2bn, more than double previous cycle

(Photo by Robert Cianflone/Getty Images)

The Board of Control for Cricket in India has cemented its financial dominance of global cricket after auctioning the media rights to the Indian Premier League for INR48,390 crore ($6.2bn/€5.9bn) over five years, from 2023 to 2027.

In the previous cycle, also for five years, pay-television broadcaster Star India paid INR16,347.5 crore for global rights. At the time, this was worth around $2.55bn but today is worth $2.1bn.

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