Finances

BCCI is in currently has the highest income of any national cricket board. Its income has increased manifold in 2007-08 and crossed Rs 1000.41 crore, as compared to Rs 651.81 crore in 2006-07, leading to a surplus of Rs 303.15 crore.. The global media rights for international cricket to be held in India between March 2006 and March 2010 were awarded to production house Nimbus for US$612 Million.. Official kit sponsorship rights for 5 years from 2006 to 2010 inclusive were awarded to Nike for US$43 Million. While Air Sahara became the official Indian cricket team sponsor for a period of four years at a cost of US$70 Million . The media rights for 25 neutral venue one-day matches to be played over the next 5 years were awarded to Zee Telefilms for US$219.15 Million. Business Standard reports that it will get another Rs 2,000 crore ($450 million) from the sale of other rights, including hotel, travel and ground sponsorship.

The BCCI has recently established an inter-city cricket league, the Indian Premier League in limited-overs and Twenty20 format. It is structured along the lines of other professional leagues such as the English Premier League predicted that it would become the single largest revenue earning avenue for BCCI after its establishment, complete with relegations and promotions. The league has recruited several prominent overseas cricketers and will have separate TV, internet, mobile, merchandising, sponsorship and ground signage rights. BCCI marketing director Lalit Modi. On 12th September, 2006 BCCI announced that it will spend $347 Million (Rs. 16 Billion) over the subsequent one year to upgrade the cricket stadiums around the country