Lalit Modi, the former IPL chairman, has asserted that the Board of Control for Cricket in India (BCCI) and IPL franchises are potentially losing ₹2,400 crore (approximately $290 million USD) each season due to a modified match format that limits the number of games to 74. Under a traditional home-and-away structure, each team would play every other team twice, resulting in 94 matches. Modi emphasizes that this reduction is causing each franchise to miss out on nearly ₹120 crore in revenue annually. He argues that the BCCI's decision to limit matches, despite adding two new teams, undermines the financial potential of the IPL. Modi also expressed that the value of franchises should increase with more matches, but the current format is preventing that growth. Additionally, he commented on the relevance of cricket formats, suggesting that one-day internationals (ODIs) should be phased out in favor of T20 and Test cricket, while asserting that the IPL faces no competition from other leagues.