20-30 percent increase in IPL media rights won’t be surprising: Punjab Kings co-owner Mohit Burman

Dharamsala: Punjab Kings co-owner Mohit Burman believes the recent winning bids for two IPL franchises worth billions of dollars will have a positive impact on the next media rights cycle and an increase of 20-30 percent will not surprise him.

The existing media rights cycle from 2023-2027 fetched an eye-popping Rs 48000 crore (roughly USD 6.2 billion as per the exchange rate back then).