The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Rosenthal: BCCI board member N. Srinivasan bought Chennai Super Kings for $91M
“Anyway, this I think is known at the time, one of the other board members of the BCCI who would soon become the chairman of the BCCI, a gentleman named N. Srinivasan, who also is an industrialist who owns the Indian Cements Company, He buys the Chennai Super K…”
Rosenthal: BCCI controls world cricket talent via wealth and veto rights
“The BCCI has cornered resource access to the best talent in the world. Because they have all the money, and they have the Indian fans who care about watching the best Indian players, and they have essentially veto right over the best Indian players playing any…”
Gilbert: The BCCI banned IPL creator Lalit Modi for life in 2013
“And in 2013, the BCCI bars him from India cricket for life. I mean, this thing that he, like, willed into existence, that he created billions of dollars of value for all these other people, he has been barred from.”
Supreme Court Restructures BCCI and Suspends Two IPL Teams for Two Seasons
“They spend two years investigating and restructuring everything, and then in 2015, they announce all their verdicts. They force N. Srinivasan to step down for the BCCI. They restructure the BCCI. They suspend the two teams that had been spot fixing, the Royals…”
BCCI became the largest revenue pool in global cricket by late 2005
“He's created the single biggest pool of money anywhere around the globe in cricket as a sport. I mean, this is Way more money that we're talking about here than England or Australia or the West Indies or Sri Lanka, New Zealand, you know, the other cricket play…”
Gilbert: Landmark legal battle established BCCI's exclusive ownership of cricket broadcast rights
“There's a legal battle between the BCCI and this legendary leader of the BCCI, Dalmaya,
And he goes to war against the national state broadcaster, Dardarshan, and the outcome of this legal battle is, yes, even the Indian government, the state broadcaster, has …”
Gilbert: BCCI banned players for life for joining the ICL
“The BCCI immediately says any players who sign up for the Indian Cricket League are banned for life from playing for India nationally or any other domestic tournaments. This includes if you are a young player who had never even played for the Indian national t…”
Nimbus won BCCI broadcast rights with a $620M bid over four years
“Nimbus ends up winning the auction with a six hundred and twenty million dollar bid for four years.”
Rosenthal: IPL franchises rely on BCCI for talent development
“Right now, none of the individual teams, franchises themselves in the IPL are doing that. They are starting, but mostly that work falls on the BCCI.”
Rosenthal: India's 2005 Sahara jersey sponsorship was highest-paid in global sports
“So, when this massive escalation happens in 2005, I believe this is correct, overnight, this becomes the highest paid jersey logo deal of any sport on the entire planet.”
Rosenthal: Nike secured Indian cricket team kit sponsorship for $52M/year
“So Nike comes in and wins at fifty-two million
Dollars a year.”
IPL's inaugural eight franchises sold collectively for $724 million
“So, minimum reserve auction price for the franchise auction is fifty million dollars per franchise, which would be paid over 10 years, four hundred million dollars for the collective eight franchises. They end up selling for seven hundred and twenty-four milli…”
Gilbert: Indian law mandated sharing ad-free live feeds with state TV
“One year into the deal, there's something that passes called the sports broadcasting bill, and this requires broadcasters to share feeds in real time, like live feeds, without ads, Directly back to the state-owned broadcast channel.”
Gilbert: IPL teams make ~$66M from central broadcast pool vs ~$4M from tickets
“We're looking at something today, like sixty six million coming from a central pool and only like four ish million coming from tickets. This is a TV product.”
Gilbert: BCCI retains 50% of IPL central pool revenue
“The BCCI retains 50% of the central pool revenue, which eventually gets huge.”
Gilbert: BCCI functions as cricket regulator, not profit-maximizing firm
“The BCCI's responsibility is not really a profit maximizing organization. It's kind of a regulatory body. It's not the government, but they're tasked with developing the sport of cricket and in particular cricket in India, ensuring that the sport has longevity…”