BCCI Emerges as the Wealthiest Cricket Board

As of November 2023, the Board of Control for Cricket in India (BCCI) has become the richest cricket board, boasting a massive net worth of INR 18,760 crores. This staggering wealth surpasses Cricket Australia’s holdings by 28 times, with Cricket Australia's net worth standing at INR 658 crores. The BCCI's financial success is largely attributed to the Indian Premier League (IPL), contributing significantly to its net worth, which is estimated at USD 2.25 billion.

Cricket Australia, though holding the second spot, maintains a respectable net worth of INR 658 crores, mainly driven by the success of the Big Bash League (BBL), a prominent T20 league globally. Securing the third position is the England and Wales Cricket Board (ECB) with a net worth of $59 million, emphasizing cricket's financial strength in England. The ECB's success is linked to the sport's popularity in the country, evident in consistently full stadiums, showcasing English cricket's global appeal.

Despite India's loss in the finals of the 2023 ICC Men’s Cricket World Cup, the BCCI remains a significant contributor to the ICC’s financial success, generating revenues of INR 4,360 crores as of March 2022. Cricket's economic impact in India, where it holds great cultural importance, significantly contributes to the nation’s economic landscape.

-by Vishnupriya