Modi said the valuation likely reflects the league\u2019s current structure of 74 matches rather than a future 94-game format, which he believes is inevitable. According to him, the IPL was originally envisioned as a full home-and-away tournament, and expansion in the number of matches would significantly enhance franchise values and overall league revenues.<\/p>\r\n\r\n
He added that such growth would be crucial for strengthening the Board of Control for Cricket in India (BCCI) at a time when traditional revenue streams are expected to face pressure. Modi warned that the board\u2019s share of International Cricket Council revenues could decline by 50\u201360 per cent, while income from bilateral media rights may also shrink by at least half.<\/p>\r\n\r\n
However, he believes the IPL will more than compensate for those potential losses. Modi predicted that the league\u2019s next media rights cycle, due to be finalised within the next year, could see values at least double. \u201cI have zero doubts about that,\u201d he said.<\/p>\r\n\r\n
He added that such growth would be crucial for strengthening the Board of Control for Cricket in India (BCCI) at a time when traditional revenue streams are expected to face pressure. Modi warned that the board\u2019s share of International Cricket Council revenues could decline by 50\u201360 per cent, while income from bilateral media rights may also shrink by at least half.<\/p>\r\n\r\n
\u201cThis trend is unavoidable,\u201d he said, adding that under current market dynamics, the BCCI stands to benefit the most. \u201cIndians love cricket \u2014 but above all, they love Indian cricket.\u201d<\/p>\r\n\r\n