Former IPL commissioner Lalit Modi has taken aim at the BCCI, alleging the board is forfeiting as much as INR 2,400 crore in revenue by not adhering to the tournament structure that was originally promised. His comments came shortly after RCB and RR were each sold for more than USD 1.5 billion apiece, and at a time when Modi said he is pleased with how sharply the league\u2019s franchise values have risen following the combined sale price of roughly INR 31,000 crore. Still, he insisted the current competition format does not match the initial understanding.<\/p>\n
In an interview, Modi said the commercial deal is clear on the distribution of earnings from each fixture: \u201cFor every match, the BCCI takes 50 per cent, and the remaining 50 per cent is shared with the teams. Because of the way the schedule is being handled now, teams are effectively missing out on 20 games. Since they are paying these fees, it becomes a contractual duty to give them home-and-away fixtures.\u201d<\/p>\n
Modi argued that the lack of a complete home-and-away layout has shortened the overall number of matches, which in turn affects both franchise income and total IPL revenue. He claimed the earlier model would have had every side play one another twice, a setup he said would have boosted both on-field intensity and commercial returns.<\/p>\n
He also referenced earlier discussions around the league expanding to accommodate two new franchises\u2014Lucknow Super Giants and Gujarat Titans\u2014where it was widely expected that the season would feature 94 matches. However, Modi noted that only 74 matches have been played so far, and he said there is no sign that the schedule will be increased for the next edition in 2027.<\/p>\n
\u201cThe home-and-away format is where the value lies. If the calendar does not allow it, then don\u2019t expand the number of teams. It is that straightforward. That is not what we sold. Has everyone agreed to this? I\u2019m certain they have not,\u201d Modi added.<\/p>\n
Modi then went on to challenge the reasoning behind the present scheduling approach. He questioned why matches are not being staged home and away for franchises, saying, \u201cWhy aren\u2019t they playing home and away? There are explanations, but it remains a contractual obligation and also a commercial arrangement for the teams.\u201d<\/p>\n
He further laid out how the reduced fixture count impacts the board\u2019s top-line. \u201cIf, today, there were 94 matches under a home-and-away framework at \u20b9118 crore per game, then the media rights would be worth an additional \u20b92,400 crore. In other words, \u20b92,400 crore in extra revenue for the BCCI,\u201d he said.<\/p>\n
Modi also explained what that money would have meant for franchises, claiming, \u201cOut of that figure, \u20b91,200 crore would have gone to the 10 teams\u2014\u20b9120 crore per team\u2014and team valuations would have risen automatically.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Former IPL commissioner Lalit Modi has taken aim at the BCCI, alleging the board is forfeiting as much as INR 2,400 crore in revenue by…<\/p>\n","protected":false},"author":4,"featured_media":921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Lalit Modi vs BCCI: IPL Structure Delay, INR 2,400cr Loss","_yoast_wpseo_metadesc":"Lalit Modi claims BCCI\u2019s IPL structure delays cost INR 2,400 crore revenue, as franchise values soar post RCB and RR sales\u2014details inside.","footnotes":""},"categories":[2],"tags":[],"class_list":["post-922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipl"],"yoast_head":"\n