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From Rs 50 Per Day to Millions: Prof. Ratnakar Shetty Reveals BCCI’s Evolution
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In an exclusive interview, former BCCI administrator Prof. Ratnakar Shetty reveals the remarkable journey of Indian cricket from its modest beginnings to becoming a global powerhouse, sharing fascinating insights about the early days when Test cricketers earned Rs 50 per day and Ranji Trophy players received just Rs 5.
Humble Beginnings
Prof. Ratnakar Shetty, a chemistry professor who began his cricket administration journey in 1975, provides a fascinating glimpse into BCCI’s early days:
Early BCCI Setup
- Started with a 500 square feet office in Brabourne Stadium
- Shared space with Bombay Cricket Association
- Minimal staff and resources
- Cashless operations in initial years
“The Cricket Club of India was gracious in those days to give space in Brabourne Stadium, not only to the BCCI but also to other sports.” – Prof. Ratnakar Shetty
Cricket Finances Then and Now
The financial evolution of Indian cricket presents a stark contrast between past and present:
Historical Player Payments
- Test cricketers: Rs 50 per day
- Ranji Trophy players: Rs 5 per day
- 1983 World Cup prize money: Rs 1 lakh initially
- Final World Cup distribution: Rs 15 lakhs
“The youngsters these days probably don’t realize that those were the days when Test cricketers used to be paid 50 rupees per day. A Ranji Trophy cricketer in the early days used to be paid 5 rupees. But nobody grumbled.” – Prof. Shetty
Royal Support and Corporate Leadership
The growth of Indian cricket was significantly influenced by royal families and corporate leaders:
Key Contributors
- Royal families’ financial support
- Corporate stalwarts like MA Chidambaram
- Mangalam Chinnaswamy’s contributions
- PM Rungta and Gaikwad’s leadership
The BCCI’s financial prudence was maintained by legendary administrators like Zal Irani and MA Chidambaram, who served as treasurers for 65 years collectively.
Global Transformation
The shift in global cricket dynamics reflects India’s rise to prominence:
Changing Dynamics
- From paying guarantee money to foreign teams
- To hosting major international series
- Media rights revolution
- Global cricket economy transformation
“Today, even the big three of the ICC would like India to come and play 5 Test matches and have a long tour, reciprocal once in 4 years. That is because your Indian players are bringing in the media rights.” – Prof. Shetty
Published on May 4, 2025
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