The Board of Control for Cricket in India (BCCI) reigns supreme in cricket finances, boasting a monumental net worth of INR 18,760 crores as of November 2023. This staggering figure dwarfs Cricket Australia’s second-place net worth of INR 658 crores, leaving them 28 times behind the BCCI.
The BCCI’s financial dominance owes much to the immense success of the Indian Premier League (IPL). This lucrative T20 league has been a major contributor to the BCCI’s impressive net worth, estimated at USD 2.25 billion.
Cricket Australia, while trailing behind the BCCI, maintains a respectable net worth of INR 658 crores, primarily fueled by the Big Bash League (BBL). This T20 competition has gained significant recognition worldwide, contributing to Cricket Australia’s financial strength.
The England and Wales Cricket Board (ECB) occupies the third position with a net worth of USD 59 million, highlighting the financial stability of cricket in England. The ECB’s success can be attributed to the sport’s deep-rooted popularity in the country, evident by consistently packed stadiums. This widespread passion for cricket translates into significant financial gains for the ECB.
Despite India’s loss in the 2023 ICC Men’s Cricket World Cup final, the BCCI remains a vital contributor to the ICC’s financial well-being. The BCCI recorded impressive revenues of INR 4,360 crores as of March 2022, demonstrating their financial muscle. The immense economic impact of cricket in India, where it is more than just a game, plays a significant role in the country’s economic landscape.