BCCI Contemplates T10 League Launch, Parallel to IPL’s Success Trajectory
BCCI is reportedly exploring a T10 cricket league, aligning with cricket’s rising valuation, particularly the IPL, now valued at around $10.7 billion by Brand Finance.
The plan, spearheaded by BCCI Secretary Jay Shah, is in preliminary stages. This strategic move aims to harness the format’s potential to enhance cricket’s popularity in India.
Crucial decisions loom over the league’s design, including player age caps, franchise selection methods, tournament venues, and potential impacts on the IPL’s established model.
Insiders highlight concerns about overshadowing the IPL and the potential financial benefits for cricket boards, while also considering impacts on traditional cricket formats.
Additionally, reports suggest Saudi Arabia’s interest in investing up to $5 billion in the IPL, potentially aiding its global expansion, reminiscent of major football leagues.
Official comments from the BCCI regarding the proposed T10 league are yet to surface.