The total revenue generated from IPL 2023, it stood at ₹11,769 crore. The annual report for 2022-23 shared by BCCI also mentioned that the expenditure surged by 66 per cent and amounted to ₹ 6,648 crore. The growth is attributed to the new media rights and sponsorship deals. The new media rights are worth ₹ 48,390 crore for the 2023-27 cycle, which began with IPL 2023 season. Disney Star had acquired the IPL TV rights for ₹ 23,575 crore in 2021. Viacom18 network JioCinema had got the digital rights for ₹23,758 crore. BCCI's media rights revenue rose to ₹8,744 crore in IPL 2023 as compared to ₹3,780 crore in the previous season.Disney Star previously was the lone party with both TV and digital rights between the years 2018-2022, and it had paid ₹16,347 crore to acquire the rights for five years. If we switch focus to sponsors, BCCI had given the IPL title rights to Tata Sons for ₹2,500 crore for a five-year period. The cricket board made another 1,485 crore by selling other sponsorships to Ceat, MyCircle11, RuPay, among others. The cash-rich league has ten franchises taking part and earnings from them jumped to ₹2,117 crore as compared to previous ₹1,730 crore. The sponsorship revenue was ₹847 crore, ₹19 crore higher than the year before. BCCI's total bank balance stood at ₹16,493.2 crore at the end of FY23, which is a surge by ₹10,991.29 crore from the previous year. BCCI, meanwhile, paid ₹4,670 crore to IPL franchises from central pool in IPL 2023. It had spent ₹2,205 crore the year before. The Women Premier League (WPL), which started in 2023, BCCI earned a collective amount ₹636 crore through media rights, franchise fees, and sponsorships, and a total of 259 crore was spent on the same. Pankaj Chaudhary, the Minister of State for Finance, mentioned in the Rajya Sabha that the cricket board had paid a GST of 2,038 crore during FY23 and FY24.