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BCCI to rake in Rs 5,000-7,000 crore from sale of two new IPL teams

Bid price for IPL's media and digital rights expected to double to Rs 32,694 crore in 2023

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Rishabh Pant during the T20 World Cup match between India and Pakistan

Surajeet Das Gupta New Delhi
It will be raining money for the Board of Control for Cricket in India (BCCI), the country’s apex cricketing body, as two new team franchises of the Indian Premier League (IPL) go under the hammer on Monday. The new owners will be declared in Dubai by the end of day. 

According to estimates, BCCI is expected to rake in an additional Rs 5,000-7,000 crore from the sale of the two new teams, apart from an additional Rs 450 crore plus from its share of broadcasting and sponsorship revenues in 2022. That’s because the number of matches in the tournament will

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First Published: Oct 25 2021 | 2:34 AM IST

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