Can you tell what bcci does with its IPL bonanza?

They make obscene money from team sale.

Then even more money from broadcast rights sale.

Theres sponsorships money too.

And then there's money from the tournament itself.

Last year, bcci profits were more than half a billion dollars. Out of this over 300 million came from ipl.

The board has claimed its a charitable institution to avoid paying taxes!!

They were served a tax evasion notice as recently as 2019.

So what's it doing with all the money?