Cricket Financial News

₹48,390 crore in IPL (Indian Premier League) rights for the 2023-27 cycle. That included ₹23,575 crore from Disney Star (TV rights) and ₹23,757 crore from Viacom18 (exclusive digital rights). Later, when the ICC (International Cricket Council) auctioned its rights for four years, Disney Star was in the thick of action again, picking up the rights for $3.03 billion.

International Cricket Council (ICC) and the Board of Control for Cricket in India (BCCI) collaborated with Mastercard, reserving a portion of the ODI World Cup tickets for India matches to be accessible to Mastercard holders starting August 29. However, the designated ticketing partner, BookMyShow, encountered a few hurdles, prompting a wave of disappointment among fans who eagerly anticipated snagging their seats via the platform. “What a scam!! Such a pathetic ticket booking system for ICC Cricket World Cup.

By Aditya Kalra, Munsif Vengattil and Dawn Chmielewski

The Caribbean Premier League (CPL) recently witnessed a groundbreaking moment as the red card system was put into action during the 12th match of the ongoing season. The new system, introduced by the league to counter the issue of slow over-rates, made its debut as Trinbago Knight Riders faced off against St Kitts and Nevis Patriots. In an attempt to maintain the pace of the game, the CPL had earlier announced the implementation of a football-inspired red card system, effective from the 2023 season onwards.

Add to their woes, BookMyShow, the official ticketing platform for the 2023 Men's ODI World Cup, had crashed initially when the tickets were put up for sale at 8 pm after the previous timing of 6 pm. Sanika Sawant, a Mumbai-based cricket fan, was trying to buy tickets for the England-South Africa match on October 21 in Wankhede Stadium, but didn't succeed. «I logged in around 7:45 pm as the sale of tickets was to start from 8 pm. But till 8:30 pm, it was showing „coming soon“.

Indian women's team emerged victorious by a margin of eight wickets, thereby commencing their campaign in a truly impressive manner. Effectively curtailing Australia to a total of 59/6, India adeptly chased down the set target without much ado. Subsequently, in their subsequent encounter with England, the Indian team exhibited an explosive performance, amassing a total of 268/2 within 20 overs.

International Cricket Council (ICC) has revealed a significant collaboration with Mastercard, marking the financial giant as a Global Partner for the highly anticipated ICC Men’s Cricket World Cup 2023. Scheduled to grace India's cricketing grounds from October 5 to November 19, 2023, this premier event is poised to captivate cricket enthusiasts across the globe. Mastercard, renowned for its involvement in sporting sponsorships, is set to extend its legacy by crafting exclusive experiences for its cardholders and customers.

Yash Dhull and Shafali Verma, the reigning champions of the U19 World Cup, have officially revealed the pair of mascots for the upcoming ICC Men's Cricket World Cup 2023. The unveiling took place during an event held in Gurugram on the preceding Saturday. Enthusiasts from all corners of the globe will be given the opportunity to participate in the process of naming the mascots for the ICC Men's Cricket World Cup 2023.

USA secured a place in the ICC Under-19 ODI World Cup after an impressive performance in the Americas qualifiers, joining the already qualified 15 teams for the event in Sri Lanka next year. They won five out of six matches to top the four-team qualifiers with 10 points, same as Canada, but topped the standings on better net run-rate (4.84).

A post shared by Virat Kohli (@virat.kohli) Kohli scored an unbeaten knock of 82 runs off 53 balls, in which he hit six fours and four sixes, helping India win by four wickets. Despite India were knocked out in the semi-finals by eventual champions England, Kohli was the tournament's highest run-scorer.

leadership and batting prowess, former cricket legends believe. Former Pakistan wicketkeeper-batsman Rashid Latif emphasised that the team's need for stability, expressing concerns about batting order changes and the return of injured players like Shreyas Iyer and KL Rahul. Meanwhile, Ravi Shastri, former India coach, suggested placing Kohli at number four, addressing the team's unsettled middle-order concerns.

ICC Men's Cricket World Cup 2023 tickets to secure their spot at experiencing the joy of cricket in the one-day format. The International Cricket Council (ICC) took to X, formerly known as Twitter to announce the registration for World Cup 2023 tickets.

IT services company HCL Technologies (HCLTech) on Tuesday said it has been selected by Cricket Australia (CA), the national governing body for the game in Australia, to drive its next phase of digital transformation. HCLTech has been a digital transformation partner to Cricket Australia since 2019.

World Cup on the horizon, coach Rahul Dravid said after his team lost their Twenty20 series against the West Indies 3-2 in Florida on Sunday. A young Indian side missing several big names battled back from 0-2 down in the five-match series but crashed to an eight-wicket defeat at Lauderhill, with opener Brandon King helping West Indies chase down the victory target with an unbeaten 85.Suryakumar Yadav hit 61 off 45 balls but had little support from the middle and lower order as India posted a modest 165-9 in 20 overs. The West Indies finished 171-2 from 18 overs with Nicholas Pooran (47) supporting King.

ICC Men’s Cricket World Cup at the MA Chidambaram Stadium in Chepauk, Chennai. Between this day and that day, Rohit Sharma and Co. will partake in a maximum of nine ODI games – six in the Asia Cup if India qualify for the final and three against visiting Australia. The Asia Cup, starting August 30, would provide a lot more clarity as to who will be burdened with the responsibility of bringing the Cup home. (Err! The World Cup is being held in India, but, hopefully, you got the drift.) But before that, Indian team management has a lot of important questions to address.HOLE IN THE MIDDLE Three players – KL Rahul, Shreyas Iyer and Rishabh Pant — who would have been a guarantee in the playing XI, have been injured for a while and are at different stages of recovery. Rahul and Iyer have good chances of getting fit in time for the World Cup, but will they be in prime shape, both physically and form-wise, to be trusted for such a big tournament? Pant, on the other hand, needs a miracle to make himself available for the World Cup. Even if he manages to perform the miracle, will he be ready? This has left Indian team management with a giant task of filling giant holes in the batting line-up.SURYA NOT SHINING BRIGHT Indian team management seems desperate for Suryakumar Yadav to bring his menacing 360-degree play, with which has taken the T20 cricket by storm, to the ODIs.

Yuvraj Singh played a crucial role in India's 2011 World Cup campaign, and as the next marquee event is just two months away, he weighed in on Team India's chances and what could undermine the campaign of the Rohit Sharma-led team. Showing his support for India captain Rohit Sharma, the former mercurial all-rounder said that it always takes a quality team to win any ICC tournament. He had all praise for Sharma but also cautioned that injuries midway through the tournament could seriously dent India's chances of lifting the 2023 World Cup at home.

«We expect the Board of Control for Cricket in India (BCCI) to garner 1.6-1.9x of base price (approximately 32% higher than earlier cycle rights on a like-to-like basis, as the number of matches has come off by 15% vs the earlier cycle), as the current base at Rs 450 million per match is already 25% lower than the last cycle’s price of Rs 600 million,» Analyst Karan Taurani wrote in the report. The combined base price of TV and digital stands at Rs 3,960 crore for 88 matches to be played in the next five year cycle of 2023-2028. The TV and digital rights carry base price of Rs 20 crore and Rs 25 crore per match, respectively, Elara noted. Elara said the BCCI expects at least Rs 60 crore per game at the auction, which translates into a base price of Rs 5,280 crore via the eAuction process.«It may cancel the process if the numbers are not breached,» Taurani said.

Islamabad on Sunday announced that it would send its cricket team to participate in this year's ICC World Cup, which is being held in India. The decision comes after multiple back and forth between the two countries over visiting the other team's home grounds, with India and Pakistan only playing each other in neutral venues for the past few years.

The Foreign Ministry of Pakistan has confirmed that the cricket team of the country will travel to India to participate in the ICC World Cup 2023. The decision comes as Pakistan was threatening to pull out of World Cup after India cleared that it will not travel to Pakistan for Asia Cup 2023. In a press release, the Foreign Ministry of Pakistan emphasized that sports should not be mixed with politics.

India vs. Pakistan game on October 15. The high-voltage match was originally set for 15 October, but the security agencies advised the BCCI to consider rescheduling as the Hindu festival of ‘Navratri’ was beginning on the same date.

During the last five-year phase (2018-23), the BCCI had earned USD 944 million (Rs 6,138 crore approx in 2018 exchange rate) from Star India with a price per international game being Rs 60 crore (digital plus TV). Unlike last time, the BCCI will invite separate bids for TV and digital rights after a whopping Rs 48,390 crore earning during the IPL media rights auction where Reliance won the digital bid and Star won the TV rights. The bidding process will once again be conducted through e-auction just like it happened with the IPL media rights as it is considered the most transparent process for best price discovery.