Devadwal
ODI Star
- Joined
- Dec 15, 2020
- Runs
- 34,499
Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .Time for belt tightening by all ICC member countries.
#HaiHimmat ? Nahi to hai chup chap bath jao

Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .Time for belt tightening by all ICC member countries.

There was a good discussion going on till you turned up.Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .
#HaiHimmat ? Nahi to hai chup chap bath jao
![]()
![]()
It's clear Indians don't have the himmat that's why they are renegotiating.Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .
#HaiHimmat ? Nahi to hai chup chap bath jao
![]()
![]()
I wonder what your loser opinion would be after Jio crawls back to get the rights on a cheaper rate.No one wants to be seen having any association with anything that is remotely connected to Pakistan, bcci and jio faced a lot of nack lash and negative publicity for the india vs Pakistan match in Asia cup unlike star which was owned by disney jiostar is majority owned by reliance and they don’t want a negative image in india
Plus questions are already being raised why bcci agreed to shifting of India match to colombo, and if BCCI is prioritising revenue over national interest, i wont be surprised if ambani received a msg from the government to stay Way from icc rights and let icc and its members face the financial consequences of disturbing the primary financial ecosystem
Who are you to ask pakistan?Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .
#HaiHimmat ? Nahi to hai chup chap bath jao
![]()
![]()
Pakistani want end of BCCI Monopoly and it's only happens if Pakistani buy the broadcasting rights, and generates 75+ revenues for The ICC.Who are you to ask pakistan?
Did ICC hired you personally for a night shift???

What Pakistan has to do with Jiostar who wants to back out now???Pakistani want end of BCCI Monopoly and it's only happens if Pakistani buy the broadcasting rights, and generates 75+ revenues for The ICC.
Bus badi badi fekne se ni hoga kuch.
![]()
![]()
Nothing to do with Jiohotstar but it's golden chance to break the BCCI Monopoly belt tighten karna hai ya ni ?What Pakistan has to do with Jiostar who wants to back out now???

Do you think there should be monoply whether it is Pakistan ICC or BCCICC???Nothing to do with Jiohotstar but it's golden chance to break the BCCI Monopoly belt tighten karna hai ya ni ?
Then read the post which I quote. Or Pakistani/ Bangladeshi poster's talking about in this thread.
![]()
![]()
Providing financial stability and care always brings you more respect and power. Some people will love it, while others will be jealous of it.Do you think there should be monoply whether it is Pakistan ICC or BCCICC???

India is making icc back out there are more than one way to do this.I wonder what your loser opinion would be after Jio crawls back to get the rights on a cheaper rate.
I thought BCCI was bigger than ICC? If i pull the CT thread right now, many of your folks will have a egg on your face who kept on telling us that India will back out of the agreement in the women’s worldcup and t20I worldcup. And look here we are, the ego is massivley hurt eh?
Massive W for Pakistan.
If one nation is paying most of the revenue then it’s already a monopoly, icc should try to get revenue from other nations too.Do you think there should be monoply whether it is Pakistan ICC or BCCICC???
That's just @Devadwal's coping mechanism, drag Pakistan and Pakistanis into every discussion and then claim they are the ones obsessed with India.What Pakistan has to do with Jiostar who wants to back out now???

You do know indian broadcaster is backing out for not having the himmat right?Asked Pakistan to buy the ICC broadcasting rights of ICC event's worth $3Bn .
#HaiHimmat ? Nahi to hai chup chap bath jao
![]()
![]()
They are negotiating, do you know who is ICC CEO and where he was before joining the ICC? That is hint for you.You do know indian broadcaster is backing out for not having the himmat right?


Star bought ICC rights (2024–27) for $3B but after Jio–Star merger & huge losses from the 2024 T20 WC & 2025 CT, JioStar now sees the deal as overpriced …..Despite cricket's strong economics…..the high asking price and financial strain on Indian broadcasters (intensified by the ban on real-money gaming advertisers) have led to a lukewarm response from potential replacements like Sony, Netflix, and Amazon.
![]()
ICC on a sticky wicket as JioStar seeks to exit deal
In a surprising turn of events, JioStar has communicated to the ICC that it must retract from its media rights contract for cricket events, primarily due to major financial challenges. This development has prompted the ICC to scout for alternative partners to secure rights for future tournaments.m.economictimes.com
Here's further evidence for your contention that cricket's economics are currently inflatedThey are happy to spend in restaurants and shopping.
When I was doing the back of the fag packet numbers above, it made me angry to think that there is such apathy towards cricket, or paying for content no matter how miniscule. This needs to change. PCB should give what the public wants, if its local tape ball tournaments then do so. Invite private investment and fund it all properly. The reason these tournaments are popular, its because there is fan engagement and players resonate with ordinary public as they are locals. Anyone can become a star if they start performing.
PCB should tap into what the people want and not impose something that no one wants to watch.
It's actually 21 million for 2 years. PCB gets around 34 million annually from the ICC . That is likely to reduce to around 24 million.Btw @cricketjoshila Pakistan Broadcasters deal is around $12mn according to DAWN news.![]()
Still Pakistan is not providing any assistance to ICC but pakistan is dependent on ICC handouts. And pakistan posters are talking about end of BCCI monopoly.It's actually 21 million for 2 years. PCB gets around 34 million annually from the ICC . That is likely to reduce to around 24 million.
But net net , they will still get more revenue from the ICC than what ICC broadcasters get from the Pakistan market - around 3 times currently but even after a 30 % reduction, it will still be more than twice.

Pakistans value actually comes in the £3 billion that Indians paid for their rights, more so than what they bring to the table. It seemed for a long time at least you guys were happy to pay big money for these tournaments on the proviso that India had to play Pakistan, which was a big sell. I know a lot of Indians deny it, but it's factual.It's actually 21 million for 2 years. PCB gets around 34 million annually from the ICC . That is likely to reduce to around 24 million.
But net net , they will still get more revenue from the ICC than what ICC broadcasters get from the Pakistan market - around 3 times currently but even after a 30 % reduction, it will still be more than twice.
After World T20 2026 , no mandatory ( Like same groups) India - Pakistan match happen in ICC event's . This news is already reported by many news outlets. Anyway it one sided contest These day'sPakistans value actually comes in the £3 billion that Indians paid for their rights, more so than what they bring to the table. It seemed for a long time at least you guys were happy to pay big money for these tournaments on the proviso that India had to play Pakistan, which was a big sell. I know a lot of Indians deny it, but it's factual.
It seemed that all cricket was going this way, I mean, BGT is a commercial success mainly because Indians wanted to see their team play Australia.
For cricket's sake, we better hope that Pakistan beat India in the next World Cup, so that there is perhaps some hype in the next cycle and Indian's are happy to pay over the odds again.

I don't think I've denied it in this thread at all.Pakistans value actually comes in the £3 billion that Indians paid for their rights, more so than what they bring to the table. It seemed for a long time at least you guys were happy to pay big money for these tournaments on the proviso that India had to play Pakistan, which was a big sell. I know a lot of Indians deny it, but it's factual.
It seemed that all cricket was going this way, I mean, BGT is a commercial success mainly because Indians wanted to see their team play Australia.
For cricket's sake, we better hope that Pakistan beat India in the next World Cup, so that there is perhaps some hype in the next cycle and Indian's are happy to pay over the odds again.
I think if Pakistan win this one, they will find a way to slip in this match, in the next cycle too.After World T20 2026 , no mandatory ( Like same groups) India - Pakistan match happen in ICC event's . This news is already reported by many news outlets. Anyway it one sided contest These day's
![]()
I don't know. ICC will do everything in it's power to not give Jio a chance to wriggle out of the deal. Not scheduling an India-Pakistan game will be an obvious excuse. Everyone including the BCCI will take a big haircut a year earlier than they absolutely need to.After World T20 2026 , no mandatory ( Like same groups) India - Pakistan match happen in ICC event's . This news is already reported by many news outlets. Anyway it one sided contest These day's
![]()
Yes it is from ICC revenue, but they contribute to that revenue massively, via the historic rights deals that required mandatory India v Pakistan matches.I don't think I've denied it in this thread at all.
But ,if Indian broadcaster starts paying less for rights in India, it will impact PCB's and other boards' margins disproportionately.
PCB's profits are almost entirely from ICC revenue, I think
Bilateral + PSL is barely profitable for PCB
I don't think that's completely accurate. At least it's probably not anymore.Yes it is from ICC revenue, but they contribute to that revenue massively, via the historic rights deals that required mandatory India v Pakistan matches.
The other boards that will be impacted did not contribute in this way.
The figures that show it was behind the Ind V SA matches are for peak concurrent digital viewership, not total viewership numbers.I don't think that's completely accurate. At least it's probably not anymore.
In the 50 over World Cup, IND v PAK group stage match was not the most viewed group stage match and it was behind IND vs SA and IND vs NZ group stage matches.
Yes the continuous India winning is definitely taking a toll on the excitement factor. It's tough even for the broadcaster to pretend it's a true rivalry when the result is usually predetermined two thirds of the way through the game.I don't think that's completely accurate. At least it's probably not anymore.
In the 50 over World Cup, IND v PAK group stage match was not the most viewed group stage match and it was behind IND vs SA and IND vs NZ group stage matches.
The figures that show it was behind the Ind V SA matches are for peak concurrent digital viewership, not total viewership numbers.
Yeah true, but their appearance in the semis isn't factored into the rights package at the start in the same way Pakistan is.OK fair enough. But other boards have also contributed by making the semis and finals of these ICC tournaments which have high viewership especially when the other finalist is India
Yeah true, but their appearance in the semis isn't factored into the rights package at the start in the same way Pakistan is.
Not saying that Pakistan should rest on its laurels, nor that they should not find ways to do more, I just feel that it basing the ICC income against solely the Pakistani TV deal doesn't tell the full picture ( or didn't historically anyway).
Completely agree. Even us fans that are passionate enough to post on forums are getting bored of the current set up.I think the problem with the equitable distribution of ICC revenues is that ICC wants to play 4 tournaments in a 4 year cycle(World Cup + 2 T20 World Cups + Champions Trophy ) and it just feels like they want to squeeze the Indian market for every penny.
If they want the football model, they should go all in, have only 1 World Cup every 4 years and have only leagues where the revenue generation is up to the member countries at all other times
In that scenario , it would be far more justifiable then if you have each member getting equal revenues from the ICC
Cricket fans and ICC cannot have it both ways where you have WTC + multiple ICC tournaments and still want a greater share of the pie. Just not sustainable
Cricket is overvalued based in Indian hype.
Note - I am not blaming Indians here, just saying the valuations are very flawed, based mainly on initial success of IPL and the thought that cricket will grow exponentially, globally. Most T20 leagues aprt from IPL are also overvalued.

Sometimes pain is needed to get back to reality. Pakistan, Bangladesh and lesser extent SriLanka need to up their game. Seriously, if fans in these countries decided to pay $1 a month to watch cricket, it will safeguard cricket. Right now, too much of the burden is on Indian fans to keep everyone afloat. Indians are prepared to pay upto $10 a month or more and fans in these countries are not even prepared to pay $1 or even 50 cents a month. I have no sympathy for these boards or fans, if they go bankrupt, then so be it.Here's further evidence for your contention that cricket's economics are currently inflated
‘Base prices for new PSL franchises set at Rs1.30 billion per year’
Essentially, while the PCB is putting a brave face on it by changing the representation to Pakistani currency rather than USD, prices for PSL franchises are virtually flat over 10 years in Dollar terms. For example Lahore Qalandars were sold originally in 2016 for US$2.5m and are now offered after 10 years for PKR 650M or $2.3M at the current 280 exchange rate.
Even the most bulletproof thing in cricket - IPL team valuations are dropping
IPL 2026: League's valuation plummets 20% in 2025
Mumbai Indians - probably the equivalent of the Qalandars in the IPL are now valued at $108M after dropping 9%.
Cricket is definitely set for some pain in the short term. Unfortunately the areas that'll feel it the most will be non-Big 3 Test cricket and Associate nations.

That's a Brand Valuation. You'd pay a lot more if you actually wanted to buy Mumbai Indian.Sometimes pain is needed to get back to reality. Pakistan, Bangladesh and lesser extent SriLanka need to up their game. Seriously, if fans in these countries decided to pay $1 a month to watch cricket, it will safeguard cricket. Right now, too much of the burden is on Indian fans to keep everyone afloat. Indians are prepared to pay upto $10 a month or more and fans in these countries are not even prepared to pay $1 or even 50 cents a month. I have no sympathy for these boards or fans, if they go bankrupt, then so be it.
Mumbai Indians itself are valued at $108, then which genius at Mumbai Indians decided to value Oval invincible at £125m?![]()
I agree with the above but noway was Oval Invincible was worth so much.. considering Hundreds is not even 5 years old..That's a Brand Valuation. You'd pay a lot more if you actually wanted to buy Mumbai Indian.
For example Royal Challengers Bangalore are up for sale currently. Diageo is looking to sell them. Numbers of up to US$2Bn are being thrown around though I don't believe that's realistic either. Here's a good article
RCB and the $2Bn Question
It's behind a paywall so to summarise - most sports teams in the world are valued between between 5 and 10 times Revenue. RCB is asking for 21 times Revenue. Normal valuations even accounting for strong potential growth would be around $1Bn. Let's see if they're able to pull it off. The advantage they have that current IPL owners have is that these are very prestigious assets in extremely limited supply. For some billionaires, it's a prestige acquisition rather than an economic one like how the Arabs bought into British Football clubs with no hope of every making money.
Keeping aside Disposable income as the reason(there are always two Indias) , when Indians subscribe to OTT they get benefits of a very good product even effin Willow in States is such a good watch..Sometimes pain is needed to get back to reality. Pakistan, Bangladesh and lesser extent SriLanka need to up their game. Seriously, if fans in these countries decided to pay $1 a month to watch cricket, it will safeguard cricket. Right now, too much of the burden is on Indian fans to keep everyone afloat. Indians are prepared to pay upto $10 a month or more and fans in these countries are not even prepared to pay $1 or even 50 cents a month. I have no sympathy for these boards or fans, if they go bankrupt, then so be it.
Yes it's part of the same bubble @IronShield was talking about. Of course some of the teams were bought as billionaire toys but whatever fancy business models were built to justify the valuations are obviously deeply flawed.I agree with the above but noway was Oval Invincible was worth so much.. considering Hundreds is not even 5 years old..
3bn no Pakistani not even British Pakistani could get a hundred team, All they do is whine about why BCCI or India have influence but won’t put their money where their mouth their mouth isPakistani want end of BCCI Monopoly and it's only happens if Pakistani buy the broadcasting rights, and generates 75+ revenues for The ICC.
Bus badi badi fekne se ni hoga kuch.
![]()
![]()
We have been accustomed to you whining about your own countrymen. Why is it off limits for us?3bn no Pakistani not even British Pakistani could get a hundred team, All they do is whine about why BCCI or India have influence but won’t put their money where their mouth their mouth is
I get that, but hundred has no brand value. IPL teams have brand value as 400 million are willing to pay and watch them!! The entire Hundred endeavour is a loss making enterprise. It has very little traction in the UK, it is generally loathed by true fans. I would not be surprised if it just fizzles out, now that ECB have made their money, which was always their intention. The English know how to extract money from people of the subcontinent, and funnily they do so happily and willingly and see it as such a privilige.That's a Brand Valuation. You'd pay a lot more if you actually wanted to buy Mumbai Indian.
For example Royal Challengers Bangalore are up for sale currently. Diageo is looking to sell them. Numbers of up to US$2Bn are being thrown around though I don't believe that's realistic either. Here's a good article
RCB and the $2Bn Question
It's behind a paywall so to summarise - most sports teams in the world are valued between between 5 and 10 times Revenue. RCB is asking for 21 times Revenue. Normal valuations even accounting for strong potential growth would be around $1Bn. Let's see if they're able to pull it off. The advantage they have that current IPL owners have is that these are very prestigious assets in extremely limited supply. For some billionaires, it's a prestige acquisition rather than an economic one like how the Arabs bought into British Football clubs with no hope of every making money.
Ok let me put it this way... Would you pay £100m for a loss making enterprise that is loathed by real fans?3bn no Pakistani not even British Pakistani could get a hundred team, All they do is whine about why BCCI or India have influence but won’t put their money where their mouth their mouth is
Ok let me put it this way... Would you pay £100m for a loss making enterprise that is loathed by real fans?
Except BCCI and ecb everone is dependent on Indian money coming via iccAs per cricbuzz, icc and jio are trying to find out the middle ground. Given the jio's indispensability , icc wants a win win situation.Meanwhile Netherlands cricket board internal letter predicts a 30 percent revenue cut in next cycle as per icc initial estimate.As per article, even Australian cricket board is surviving on icc handouts.At this rate , i expect couple of board collapses in next 5 years.
What is a board collapse though?As per cricbuzz, icc and jio are trying to find out the middle ground. Given the jio's indispensability , icc wants a win win situation.Meanwhile Netherlands cricket board internal letter predicts a 30 percent revenue cut in next cycle as per icc initial estimate.As per article, even Australian cricket board is surviving on icc handouts.At this rate , i expect couple of board collapses in next 5 years.
Large salaries to cricketers will disappear, not test cricket, if there are people who want to play it. Cricket was largely an amateur sport in the past.What is a board collapse though?
I expect what will end up happening if all the boards are forced to take a 30% haircut is that Test Cricket will be casualty - it'll end up becoming mainly a Big 3 thing. Occasionally India will host a South Africa or New Zealand but all those side test series - Pakistan - New Zealand, Sri Lanka - Bangladesh etc. etc. will completely disappear. If that's not enough savings, bilateral cricket in general will continue to shrink.
Not the end of the world but one more straw on the international cricket camel's back .
Agreed. Even India in this cycle is only playing 2 Test series against everyone except England and Australia.What is a board collapse though?
I expect what will end up happening if all the boards are forced to take a 30% haircut is that Test Cricket will be casualty - it'll end up becoming mainly a Big 3 thing. Occasionally India will host a South Africa or New Zealand but all those side test series - Pakistan - New Zealand, Sri Lanka - Bangladesh etc. etc. will completely disappear. If that's not enough savings, bilateral cricket in general will continue to shrink.
Not the end of the world but one more straw on the international cricket camel's back .
Perhaps. I personally find it tough to imagine a situation where non-professionals turn up to play test cricket (all the professionals playing league) and production values remain attractive. We've gotten used to a higher standards. Will we still pay for such cricket?Large salaries to cricketers will disappear, not test cricket, if there are people who want to play it. Cricket was largely an amateur sport in the past.
Those who want to play test cricket will continue to do so, its just that cricketers from these boards will not be fully fledged professionals.
I think it might go a bit further than that. SL, PAK and India toured SA last year and CSA made a profit only from the Indian tour. Windies have a white ball tour of SA this year and CSA are expecting it to be loss making , even though it's only T20's.Perhaps. I personally find it tough to imagine a situation where non-professionals turn up to play test cricket (all the professionals playing league) and production values remain attractive. We've gotten used to a higher standards. Will we still pay for such cricket?
My belief is we'll just end up with a lot less of it and boards like Bangladesh, Sri Lanka and West Indies will just completely give up on it. Pakistan, South Africa and New Zealand may still host and tour Australia, England and India (only the first 2 in Pakistan's case) but not each other. We're averaging between 50 to 55 tests worldwide a year currently. It'll probably level down to 30.
Apologies for throwing lazy term. Nz hockey board have stopped sending their team for the professional league/global competitions as their govt have stopped the funding.In 24 annual statement, Pcb mentioned 50% of revenue is from icc.India stopped touring bng .After the revenue cut, am expecting test and odi structure collapse in pak, bng, wi, lanka which are least competent and most corrupt. boards will have to arrange t20 series for the survival and profits.With out playing longer formats , we cant expect a good team from them. Lean and professional boards with a professional corporate mentality will survive but not the corrupt ones.Ranatunga once said , after 96 wc victory board count increased from 6/7 to accommodating every leech to bring them down ultimately.What is a board collapse though?
I expect what will end up happening if all the boards are forced to take a 30% haircut is that Test Cricket will be casualty - it'll end up becoming mainly a Big 3 thing. Occasionally India will host a South Africa or New Zealand but all those side test series - Pakistan - New Zealand, Sri Lanka - Bangladesh etc. etc. will completely disappear. If that's not enough savings, bilateral cricket in general will continue to shrink.
Not the end of the world but one more straw on the international cricket camel's back .
Pakistan will be relatively okay I think. Yes 50% of their revenue is from the ICC. Losing 30% of that is a 15% cut overall. They'll have to drop a couple of the more unprofitable tours and maybe cut salaries a bit but it's not like their players can protest. They don't have IPL as an option and the board can be very vindictive.Apologies for throwing lazy term. Nz hockey board have stopped sending their team for the professional league/global competitions as their govt have stopped the funding.In 24 annual statement, Pcb mentioned 50% of revenue is from icc.India stopped touring bng .After the revenue cut, am expecting test and odi structure collapse in pak, bng, wi, lanka which are least competent and most corrupt. boards will have to arrange t20 series for the survival and profits.With out playing longer formats , we cant expect a good team from them. Lean and professional boards with a professional corporate mentality will survive but not the corrupt ones.Ranatunga once said , after 96 wc victory board count increased from 6/7 to accommodating every leech to bring them down ultimately.
The fact that an indian company cant pay it, is just really funny.Icc is now looking for a partner willing to pay 2.4 bn. Ptv or geo or some Pakistani should step in and show that they are more than just whiners
Maybe jio needs to arrange its finances firstExcept BCCI and ecb everone is dependent on Indian money coming via icc
It will be good if jio pulls out icc and its members should try to arrange their finances properly
Hundred or South Africa or emirates none of those leagues are going to fizzle out as long as as they get fundingI get that, but hundred has no brand value. IPL teams have brand value as 400 million are willing to pay and watch them!! The entire Hundred endeavour is a loss making enterprise. It has very little traction in the UK, it is generally loathed by true fans. I would not be surprised if it just fizzles out, now that ECB have made their money, which was always their intention. The English know how to extract money from people of the subcontinent, and funnily they do so happily and willingly and see it as such a privilige.
The Indian Premier League's ecosystem value has declined 20% to $9.6 billion in 2025 from $12 billion a year ago, hurt by geopolitical tensions in the region and uncertainties surrounding the mega-auction, according to new data from Brand Finance.
The ongoing India-Pakistan conflict forced the Board of Control for Cricket in India to suspend matches, including the playoffs, for a week due to safety concerns. Apart from the pandemic-hit 2020 season, this is the only other year the IPL's ecosystem value has fallen since Brand Finance began tracking the league.
@Rana @sweep_shot not just Rafales were shot down, we knocked 20% of IPL value at the same time![]()
IPL ecosystem value drops 20% to $9.6 bn amid conflict, auction uncertainty
The Indian Premier League has seen its financial metrics take a nosedive. Challenges linked to geopolitical tensions and uncertainties surrounding auction processes have been detrimental. This is an unusual shift since tracking of value commenced.economictimes.indiatimes.com
![]()


Hmm...not too keen on inputing my credit card details to get the 7 day trial. Some of these guys make it very difficult to unsubscribe and I could end up being charge the subscription.I'm curious to know what you think of this article by a prominent Modi critic. The cricket economy in India is not what it seems apparently. Also read the comments. It's paywalled but you can read with the 7 day free-trial.
![]()
Hmm...not too keen on inputing my credit card details to get the 7 day trial. Some of these guys make it very difficult to unsubscribe and I could end up being charge the subscription.
Any chance of a high level summary? Seems to start well but I think the fundamental issues with how cricket is structured today and how it's economics work are pretty well understood and everybody (including me) is just preferring to kick the can down the road for now.
Thanks a heap. There's sense combined with a lot of propaganda in there.I pasted the article onto an online notepad
![]()
Online Notepad with Privacy and Publishing
Take notes online. 'Free and no login' or 'AI assistant, visitor stats, privacy and productivity': fast, super simple, with publishing and markdown.shrib.com
It's not that simple though. They may not have much recourse legally but it's in the ICC's interested to stay in the good books of the company that funds 80% of their revenue.They can't back down from a contract. Unless and until ICC find a replacement. They have to abide by the contract.
Thanks a heap. There's sense combined with a lot of propaganda in there.
First of course the spectre of the loss of revenue from gaming. He estimates the loss to sport advertising at $850M. That's overstated by a factor of 2. The entire marketing and advertising budget of these companies was close to that amount and a good chunk of it was spent on general internet advertising. You don't live in India so you wouldn't experience it but there was a time about a year ago when you couldn't open a site on the internet without being assaulted by loud Dream XI, Pokerbaazi etc. ads. I would estimate the loss to be close to $400m. Significant but not debilitating.
In general, the guy takes problems and inflates them way out of proportion. Yes the Indian cricket team sponsorship seems to come from bubbles but in a growing economy, there's always the next booming industry that wants their name on the most famous jersey in India. The Indian team has moved smoothly from Byjus to Vivo to Dream XI to Apollo Tyres as each company has gone bust/been banned and increased it's revenues each time. I'm sure there's the next VC funded AI company waiting to hand the BCCI their money.
Finally, I think everyone agrees that the current model where a single audience in a single market routed through a single broadcaster pays for everything is not sustainable. JioHotstar is way too powerful a monopoly and is going to squeeze some of the money out of the system.
Overall the article does nothing to change my opinion. Yes there's a overdue correction coming. In order of impact
- IPL will feel it the least
- BCCI's next domestic cricket deal will take some cut - 10%? 15%?
- ICC will take a bigger cut - 20%? 30%?
- Smaller cricket properties: WPL, BBL, Hundred will take an even bigger cut - 30%? 40%?
The BCCI will barely feel it. It's sitting on $2Bn of reserves and spends less than half of what it makes.