Why the IPL rights is the biggest deal in cricket

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.
$2.55 billion (INR 16,347.5 Cr) The winning bid from Star, which is a 158% increase in the per year media rights value for IPL broadcasting from the previous cycle. This figure, over five years, makes it cricket's biggest TV and digital rights deal of all time.

IPL stands in the global broadcast rights Stakes

$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 India bags IPL media rights for next five years

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.

Kings XI Punjab do not want to continue with Mohali as their home ground

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".

The Royals are expected to bear a completely different look for IPL 2018

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?
IPL will be remain an eight team competition next season as well, with Rising Pune Supergiants and Gujarat Lions, the interim teams during the two year period, set to make way for the Chennai and Rajasthan based franchises.

IPL auction watch from TNPL 2017 - Akshay Srinivasan

Age: 23
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

Akshay Srinivasan may not have outstanding numbers, but has played some crucial knocks under pressure to take his team to victory. Historically, the need for a good uncapped middle-order batsman has been vital towards maintaining team balance in the IPL. Akshay fits the bill perfectly.

IPL auction watch from TNPL 2017 - M Shajahan

Age: 33
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

Shajahan is among the cleanest strikers of the ball in the TNPL, with the ability to hit sixes from the outset, a skill in high demand in T20s. Shajahan scored 17 sixes, the second most in the tournament, and managed to hit a six in every innings he batted.