Modi Blasts BCCI for Costing IPL Franchises Rs 1,200 Crore in Lost Revenue
Modi Accuses BCCI of Costing IPL Franchises Rs 1,200 Crore
Lalit Modi is angry. The IPL founder has fired a fresh broadside at the BCCI, accusing the board of failing to honour contractual obligations to franchise owners — and putting the financial loss at a staggering Rs 1,200 crore.
The issue is match numbers. When broadcasters paid for the 2023-27 media rights cycle, they were promised a scale-up from 74 matches to 84, then 94. It never happened. Franchises, Modi says, are losing 20 games per season that they were contractually owed.
“This is not what we sold,” he said. The maths are brutal — the BCCI pockets 50% of revenue per match, roughly Rs 118 crore a game. The remaining half is split equally between the two playing teams. Every missing game hits franchise balance sheets directly.
Modi estimates the annual shortfall at Rs 120 crore per franchise. Across 10 teams, that adds up fast.
The BCCI has not formally responded. Modi’s position — that the board has made excuses while franchises absorb the shortfall — puts IPL’s most powerful stakeholders on a collision course with cricket’s richest board.