The BCCI has determined to “waive off” one match from its media rights settlement (MRA) with Star India, amounting to Rs 78.90 crore. The MRA for the 2018-2023 cycle which ended on March 31 had an “indicative schedule” of 102 video games at a worth of Rs 6138.1 crore however the BCCI ended up organising 103 matches within the five-year cycle. “It has been resolved to waive off (one) match from the scope of Star India Private Limited under the BCCI-Star Media Rights Agreement dated 5th April 2018 for BCCI International and Domestic Matches. The total number of matches during the rights period has now been reduced from 103 to 102,” learn a BCCI notice.

However, sources near Star India say as per the MRA signed in 2018, the board was anticipated to organise 102 matches, so the state of affairs of waiving off one match payment mustn’t come up.

“The MRA had 102 games and Star will pay for those matches. I don’t see an issue here,” a supply advised PTI on Monday.

Star had bid completely different quantities per sport for various years within the earlier cycle: Rs 46 crore per sport for 2018-19, Rs 47 crore per sport for 2019-20, Rs 46 crore per sport for 2020-21, Rs 77 crore per sport for 2021-2022 and Rs 78.90 crore per sport for 2022-23.

As per sources, Star had requested for waiver of Rs 139 crore because of the rescheduling of few video games after the outbreak of COVID-19 in 2020.

Considering that the media rights for the 2023-2027 are up for grabs and Star can be anticipated to bid alongside Viacom 19 and Sony, the BCCI has determined to waive off Rs 78.90 crore from the earlier media rights worth.

The board can have excessive expectations for the house season rights after making windfall positive factors of Rs 48,390 crore from the IPL media rights.

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