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Champions League

BCCI to get 50% of Champions League money

By thedarknight ⋅ September 13, 2008 ⋅ Post a comment
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The Board of Contorl for Cricket in India (BCCI) will be the biggest gainer as it is windfall time for the three founding members of Champions Twenty20 League after inking the massive US$ 975 million television rights deal with ESPN-STAR, with the Indian board hogging 50 per cent of the amount.

According to media reports here, the three founding member boards, BCCI, Cricket Australia and Cricket South Africa, will share the 10-year deal amount with India getting half of it and CA and CSA pocketing 25 per cent each.

“Cricket Australia will earn about 25 per cent of the figure, as will Cricket South Africa, while the game’s major power-broker, the Board of Control for Cricket in India, takes the remaining half,” a report said.

The Champions Twenty20 League deal is the second biggest rights agreement this year after the US$ 1 billion deal for 10 years for the outstandingly successful Indian Premier League. India is expected to stage this year’s tournament while venues in the United Arab Emirates are vying for hosting rights for next year and beyond.

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Discussion

One comment for “BCCI to get 50% of Champions League money”

  1. It seems bombs in Pakistan mean no tour, but bombs in India (where there is more money to be made) have no effect. At least according to the somewhat confused logic of Cricket……

    Posted by Money, Money, Money | September 15, 2008, 11:15 pm

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