BCCI likely to Launch IPL-like T10 League in 2024: Report

The Board of Control for Cricket in India (BCCI) is reportedly considering the introduction of a T10 format cricket league, aiming for a launch window between September and October 2024. This move aligns with the flourishing popularity and valuation of cricket leagues, particularly the Indian Premier League (IPL), which recently attained a decacorn status with a valuation of approximately $10.7 billion.

The Blueprint and Planning

Under the guidance of BCCI Secretary Jay Shah, the blueprint for the proposed T10 league is currently in its early planning stages. Despite being in the preliminary phase, the initiative has garnered positive feedback from stakeholders and potential sponsors. The strategic choice of a T10 format is expected to play a pivotal role in further elevating the sport’s popularity in the country.

Key Considerations

T10 vs. T20 Format

The BCCI faces the critical decision of choosing between a T10 and T20 format for the proposed league. The report suggests that the T10 format is being considered strategically, but stakeholders may debate whether this will enhance or potentially dilute the cricketing experience.

Age Cap for Players

To prevent overshadowing the popularity of the IPL, considerations about implementing an age cap for players are on the table. Striking the right balance between emerging talents and experienced players will be crucial to maintaining the league’s appeal without adversely affecting the IPL.

Franchise Ownership

The board needs to decide whether franchises for the new leagues should be sold through a separate tender process or if existing IPL franchises should be given the right of first refusal, mentioned in existing contracts. This decision will impact the league’s ownership structure and financial dynamics.

Venue Selection

The choice between a fixed or a new venue every year is another significant decision. Factors such as fan engagement, logistical ease and potential revenue streams will influence whether proposed tournament should be played in India or explore different locations annually.

Financial Implications

While cricket boards worldwide struggle with limited earnings from bilateral series, the proposed league offers potential financial benefits and a revenue-sharing models that could aid their financial stability. However, concerns persist about the potential impact on the traditional 50-over format, raising questions about the delicate balance between commercial success and preserving the essence of the sport.

Global Expansion and Financial Backing

Recent reports indicate Saudi Arabia’s interest in a substantial investment in the IPL, exploring the injection of up to $5 billion into the league. This move could play a pivotal role in the league’s expansion to other nations, mirroring the global success of football leagues like the English Premier League or the European Champions League.