India, July 18 -- The Board of Control for Cricket in India (BCCI), the richest cricket body in the world, recorded a revenue of Rs.9741.71 crore according to its 2023-24 balance sheet, recently made public. That's significantly more than Rs.6558.80 crore from the previous year, mainly on account of the 2023-27 IPL media rights deal setting in.

The current Indian Premier League (IPL) media rights valuation ( Rs.48,390 crore) is a three fold increase from the previous five-year cycle. The annual two-month long IPL continues to be BCCI's biggest draw, accounting for nearly 60 percent ( Rs.5,761 crore) of its annual revenue.

The next biggest chunk of revenue comes from distribution of International Cricket Council (ICC) revenue - 1042.35 c...