So, expect the IPL broadcast rights to go for anything above $4 billion and maybe up to $5 billion,' the official in the know of things said.Īny foreign company showing interest in buying IPL properties needs to have an Indian wing. 'But with two new teams about to fetch anything between Rs 7,000 crore to 10,000 crore, the broadcast rights are certainly going to shoot through the roof. With 10 teams playing IPL from 2022, the matches will go up to 74 and in any case, the valuation of the property increases,' a senior BCCI official said on conditions of anonymity. 'There is a well-known US-based company which did send BCCI feelers some time back, expressing their serious interest in bidding for IPL media rights. The current five-year rights (TV and digital) for IPL from 2018 to 2022 are with Star India but, according to people who are in a decision-making capacity, the valuation, which is at Rs 16,347.50 crore ($2.55 billion) right now, could more than double and reach $5 billion (around Rs 36,000 crore approx at current exchange rate). The BCCI is set for a windfall of gigantic proportions as the IPL broadcast rights (TV and digital) could fetch the board up to $5 billion for the next five-year cycle (2023-2027), while some high-profile interest is being seen in the bidding process for the two new teams.

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