The IPL T20 is the first billion dollar sporting league in Asia. Indian Premier League For Cricket(IPL T20) is a brain child of Lalit Modi an office bearer with the BCCI. The telecast rights for the IPL T20 matches alone has brought in more than a billion dollars. The rights to teams has brought in another $700 million dollars.
Add to this the several million dollars in team rights, official sponsors in various categories, stadium advertising, official partners, website rights and much more will bring the BCCI several million dollars in revenue.