Cricket is now a emotion for Indian cricket lovers, from children to old age peoples everyone is passionate for cricket. In India, the game of cricket is playing since 1792, establishment of Calcutta Cricket Club. CCC is the oldest cricket club in India. In India BCCI was established in Dec, 1928 and the first president of BCCI was R. E. Grant Govan(1928-33). After the formation of the board it takes 4yrs to acquire players and form a team. After a 4yrs of long waiting they made its test debut in 1932. After that in 1934, Ranji Trophy, a national competition held.
Indian cricket board was one of the poor cricket board in its initial phase. It can be imagined as, when they won the World Cup in 1983, the board and the government have not enough funds to honor the team. Then the money was collected by arranging a concert by Lata Mangeshkar.
At this phase, they have to pay the tv channels to broadcast the match. As, then cricket was not so popular. But, the situation was totally changed after the announcement of Indian Premiere League. After IPL is introduced at 2008, the popularity of cricket is suddenly hiked up. In IPL BCCI gathers all the national and International Players at one place. From this League the popularity and audience volume increases rapidly. As a result, BCCI got the demand, from recent report BCCI got $6.2 billion from the broadcast right for 5yrs which has made this one of the most valuable sport league globally.
- Another huge income source is sponsorships from national and international brands. In this league, Brands promotes their names in every where.
- In IPL Matches stadium is full every match, so the earning from the ticket is higher than any other matches.