IPL 2025’s cancellation due to Operation Sindoor sparked estimated losses exceeding ₹6,000 crore-₹2,000 crore in media rights, ₹2,000 crore in ad revenue, ₹1,000 crore in ticketing, and ₹80+ crore per franchise. While these figures highlight the scale of disruption, insiders argue the losses are exaggerated, as most revenues were already secured and settlements are underway on a pro-rata basis.