Lalit Modi Critiques BCCI's IPL Management and Financial Losses
Lalit Modi's Concerns Over BCCI's Financial Decisions
The Board of Control for Cricket in India (BCCI) reportedly generates nearly 1 billion USD from a single IPL season, a figure that surpasses the combined earnings of several major cricket leagues. Despite this, Lalit Modi, the founder of IPL, asserts that the BCCI incurs a loss of at least 2400 crores each season, a claim he has openly expressed to the board. Modi has been vocal about his views during the IPL 2026 season.
Modi Expresses Discontent with BCCI's Decisions
In an interview with a sports publication, Modi highlighted that the addition of two new teams in the IPL did not result in an increase in the number of matches. He stated,
“BCCI receives 50% of the revenue from each match, while the remaining half is distributed among the teams. Consequently, teams are losing out on the earnings from 20 matches each season. It is a contractual obligation that teams should have the opportunity to play home and away matches in exchange for the fees they pay.”
Discussing the home and away format, Modi remarked,
“The true value of IPL lies in the home and away format. If there was no space in the calendar for matches, the number of teams should not have been increased. The fact is that we did not sell IPL in this manner. Did all teams agree to this change? I can confidently say they did not.”
BCCI Facing a 2400 Crore Loss
With the number of teams now at ten, the IPL should have seen the match count rise to 94. Modi commented,
“If there were 94 matches on a home-and-away basis, with each match valued at 118 crores, the extra revenue from media rights alone would amount to 2400 crores.”
He further added,
“This would mean an additional revenue of 2400 crores for BCCI. Out of this, 1200 crores would be distributed among the ten teams, giving each team 120 crores, thereby increasing their overall value.”
