Wednesday, November 7, 2007

The world's richest board

In an interview with Mint, a finanicial daily, Lalit Modi, the Indian board vice-president, discusses the revenue generated by the BCCI, telecast rights, the Indian Premier League and much more.

Modi says:

In a typical ODI, we make close to $8.5 million broadcasting revenue, and our rate is Rs45 [to the dollar], not Rs40. Contracts are based on exchange rate on that date. Then there is Sahara [which is the team sponsor] revenue, Nike [apparel sponsor] revenue... comes to a million dollars per day per match. Ground sponsorship revenue is between $1.6 million and $1.7 million per day.