The logo of the BCCI on display. Photo used for illustrative purpose.
The Board of Control for Cricket in India (BCCI) does not typically publish its finances in detail. But it is known to be one of the world's most lucrative governing bodies thanks to India's diehard love of the game and periodic bidding wars over broadcast rights.
A government minister listed recent BCCI earnings in parliament on Tuesday, which revealed revenue of $919 million and expenditure of $370 million for the year to March 2022, leaving a surplus of $549 million.
It was the board's biggest surplus out of the five years from 2017-18, with earnings of $3.3 billion and $1.8 billion in expenses for the same period.
The all-powerful BCCI is often said to call the shots in world cricket due to their outsized wealth compared to other national cricket boards.
The BCCI also stands to earn approximately $230 million per year between 2024-27 — or 38.5 per cent of the International Cricket Council's annual earnings of $600 million, according to ESPN Cricinfo.
Last year, the BCCI sold its media rights for the wildly popular Indian Premier League Twenty20 tournament for a whopping $6.2 billion.
The board has recently floated a tender for media rights for its international and domestic matches, which is set to reap another huge windfall.
Australia improved their rating from 113 to 118 following the annual update, maintaining a slender lead over Pakistan (116 points) and India (115 points).
Though there was a rearguard action from Hardik Pandya, who got his highest ODI score (90 off 76 balls) and added 128 runs for the fifth wicket with opener Shikhar Dhawan (74 off 86), Australia's total of 374 for six wickets in 50 overs.
Dhoni, 39, called time on his 16-year-old international career Saturday with a cryptic message on his Instagram post that read "From 1929hrs consider me as retired."
Ahead of the Indian team's departure for South Africa, Virat claimed that no one from the board had asked him to reconsider his decision to give up captaincy in the T20 cricket, contradicting Ganguly, who had said that he personally requested the star batter to not leave the leadership role.
The campaign aims to integrate sports into charitable work by harnessing sports in serving charity activities during the Holy Month and positively integrating sports events in serving the community, which contributes to supporting social services and humanitarian projects.
The partial schedule released on Thursday by IPL comprises 21 matches, to be played across 10 cities, with each team playing a minimum of three matches and a maximum of five.
The former Pakistani captain, who has represented 19 teams in the T20 format, scoring 3,698 runs for the national side and 2,398 for the Kings, reached the milestone in 271 innings as opposed to Gayle who achieved the feat in 285 innings.