ICC reduces media rights duration to four years

BCCI recently stunned ICC by announcing the IPL media rights tender to be released on October 25 immediately after announcing the two new IPL teams for 2022, the International Cricket Council body has decided to cut down on the duration of its media rights. Instead of an eight-year period, the ICC now wants it to be divided in four-year tenures. They also want to have multiple rights holders based on the territories instead of a consolidated global rights holder.

ICC has also announced the event calendar for the 2023-31 cycle which is set to undergo a massive transformation. The new schedule will see at least one men and women ICC event every year. The Men's World Cup and T20 World cup is set to be expanded to 14 and 20 teams, according to the cricket council.

As per the media reports, Women's events will also see increased participation. The Women T20 World Cup will see 10 teams taking part from 2029 and 12 participants from 2025. 

The Men's Champions Trophy is set to return the schedule from 2025. A Women's T20 Champions Trophy will be played for the first time in 2026.