Star India won the global television and digital rights for the Indian Premier League for a period of five years, from 2018-2022, on Monday. Star's bid of $2.55 billion was the highest consolidated one, making this the biggest rights sale in cricket history. We take a look at six stand-out figures from the media rights sale.
$8.47 million (INR 54.23 Cr) What the BCCI will earn per IPL game from the sale of media rights, over the next five years.
This is more than a third higher than the estimated per game earnings from India's home internationals, and puts the tournament in elite company, among some of the biggest leagues across sports.
Star has pipped Sony Pictures Network to acquire the IPL media rights, including both TV and digital rights for a period of five years (2018-2022), with a whopping global bid of INR 16,347.50 crores (USD 2.55 billion).
Bids were called for television and digital rights across categories that separate the Indian sub-continent from other regions, that include: USA, Europe, Middle East, Africa regions and the rest of the world. Bidders were provided the option of presenting a global bid with a breakdown of the sum of parts or a breakdown of bids based on the market they were targeting. This means, Star now hold the both TV and digital rights for IPL all over the world.
IPL team Kings XI Punjab have requested the Board of Control for Cricket in India (BCCI) to allow them to shift from their base in Mohali. The team officials stated that lack of support from the state association and constant disagreements with the local authorities have compelled them to demand this move.
While explaining the matter to the Indian Express, a BCCI official stated, “They had bid for Mohali when the first-ever auction took place for IPL teams. So technically, if they want to change their base now, they will have to pay the BCCI. They have made this request earlier too but the board did not agree".
Inaugural IPL champions Rajasthan Royals might return to action under a new name after having made a request to the BCCI to change the title of its parent company ahead of IPL 2018. “They have made the request but no reason has been given as to why they want to change the company name,” a BCCI official told The Indian Express. What’s next?
Team: Lyca Kovai Kings
Role: Middle-order batsman and Right-arm offspinner
Skill: Can play anchor as well as clear the boundary easily
TNPL 2017 stats (5 innings): 125 runs at 31.25; strike-rate of 137.36
Team: Karaikudi Kaalai
Role: Middle-order batsman
Skill: Hitting ability
TNPL 2017 stats (8 innings): 209 runs at 41.80; strike-rate of 145.13