Advertisement
Wednesday, Dec 01, 2021
Outlook.com
Bucking Up

The Body Armour Is Imported

IPL 2018 is the most lucrative till date. And the BCCI, with firms trusted and foreign, is keeping it watertight.

The Body Armour Is Imported
Pulled Off | Photograph by PTI
The Body Armour Is Imported
outlookindia.com
2018-04-07T10:55:29+05:30

April isn’t the cruellest month for the BCCI, for the world’s biggest T20 league tournament is here. The 11th edition of the Ind­ian Premier League (IPL) is different in many ways. Not just because the Chennai Super Kings (CSK) and Rajasthan Royals (RR) are returning after serving their betting-fixing-rel­ated two-year bans. It is also the start of a new cycle of five-year media rights, which were sold for an astronomical Rs 16, 347.5 crore. This is the first time seven Indians—a maximum—are captain of their teams. SunRisers Hyderabad’s captain, New Zealander Kane Williamson, is the exception.

The 2018 IPL will be a commercial windfall for the BCCI as it has gua­r­anteed an income of at least Rs 4,500 crore from sponsorships. A lion’s share of it has come from media rights, under which the BCCI will receive Rs 4,086.88 crore for 2018. It will pay equal instalm­ents of Rs 3,056.16 crore in the next four years.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

Five Powerful Indian-Americans Rocking Silicon Valley, Parag Agrawal Latest Addition

As Parag Agrawal becomes the CEO of Twitter, the Indian diaspora's representation in the tech giants of America, especially the companies in Silicon Valley gets a new badge.

Omicron Scare: All You Need To Know About India's New Travel Rules Effective From Today

Omicron Scare: All You Need To Know About India's New Travel Rules Effective From Today

Health Ministry has separated travellers coming from Omicron Variant 'Countries at-risk' from other international travelers. Check the list here, along with other guidelines.

'Don't Worry About Omicron,' Cricket South Africa Woos Team India With Safe Bio Bubble

'Don't Worry About Omicron,' Cricket South Africa Woos Team India With Safe Bio Bubble

Several sporting events in South Africa and elsewhere in the world are being cancelled due to travel restrictions in the wake of the new coronavirus variant, Omicron.

Omicron: Should Pregnant Women Be Worried About New Covid-19 Mutations?

Omicron: Should Pregnant Women Be Worried About New Covid-19 Mutations?

Amid the emergence of the Omicron variant, researchers in France say vaccination may be useful to protect women and their babies against Covid-19.

Advertisement