India's home season media rights holder Star India has asked the Board of Control for Cricket in India (BCCI) for a Rs 130 crore discount in the existing deal.
The BCCI top brass deliberated on the subject in the virtual meeting of the Apex Council held on Monday, reported news agency PTI.
It was revealed in the meeting that Star, which had paid Rs 6138.1 for India's international and domestic cricket rights for the 2018-2023 period, has asked for an approximate Rs 130 crore discount in the existing deal, as per the report by news agency PTI.
Some of the matches in the deal period had to be rescheduled due to the Covid-19 pandemic.
"The issue was discussed at length but the board is yet to take a final call on it," a BCCI source told PTI.
The development comes at a time when the BCCI is preparing to sell media rights for the next five-year cycle, after the current deal expires in March. Considering the IPL media rights fetched a staggering Rs 48,390 crore, the BCCI is expecting another windfall.
Meanwhile, jersey sponsor Byju's, which is on its way out, wants the board to encash a bank guarantee worth an estimated Rs 140 crore to honour the current agreement. This was the other subject discussed in the meeting.a
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