The Indian Premier League (IPL) has become one of the wealthiest sporting leagues in the world after India’s cricket board fetched a staggering $6.07bn (approximately £5bn) for a broadcasting deal including television and streaming rights.
India’s cricketing board held a three-day auction leading to Walt Disney’s Star India and Indian media conglomerate Viacom18 bagging the rights to broadcast the Twenty20 cricket tournament for the 2023-27 cycle.