The BCCI is expected to earn US$ 230 million per year under the ICC’s new finance model, according to a report

The BCCI  the ICC's new finance model

The Board of Control for Cricket in India (BCCI) is likely to gain over 40% of the ICC’s net surplus revenues from the forthcoming four-year commercial cycle, cementing the BCCI’s position as the game’s lone really relevant player. According to ESPNCricinfo, the new model is higher in terms of take-home money than the 2014 takeover of the Big Three, which was brief in duration.

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Between 2024 and 2027, the BCCI is expected to earn around US$ 230 million per year or 38.5% of the ICC’s yearly earnings of US$ 600 million.

The proposed approach was developed first by an ICC team, then by the organization’s governing body’s financial and commercial affairs (F&CA) committee, before being considered by the ICC Board in March. It is known that just a few model features were discussed at the meeting, such as the criteria by which each Full Member would be judged when the distribution was determined.

These criteria, called “component weightings” by the model, are as follows:

  • The history of cricket.
  • Over the previous 16 years, performance in both men’s and women’s ICC competitions.
  • Contribution to the commercial revenue of the ICC.
  • In addition, the position of Full Member is given equal weightage.

In the ICC’s new revenue model, the ECB is expected to be the second largest earner.

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The BCCI has always contended that because India benefits to the global cricket economy, it should receive a larger share of the ICC’s revenue. This year’s suggested model offers the BCCI a commercial weightage of 85.3%.

In the last rights cycle, which lasted eight years rather than four (2015-2023), the ICC got roughly US$ 2.1 billion (from all around the world, not only India), in the forthcoming four-year rights contract, which is reported to be second only to the IPL in cricket.

The ECB might gain US$ 41.33 million, or 6.89% of ICC profits. CA is the third member of the original Big Three and might get US$ 37.53 million (6.25%). The PCB is the only other board among the nine other Full Members that is expected to earn more than US$ 30 million (5.75%).

The remaining eight Full Members receive less than 5%. The 12 Full Members will get US$ 532.84 million (88.81%) of the estimated pool, with the balance US$ 67.16 million (11.19%) going to the Associate Members.

Axpert Media News Desk
Axpert Media News Desk
Axpert Media News Desk is an Internet media Website and our goal is to reach out People all over world with News, Informations & Entertainment. Ect, founder & ceo Krishnaanand

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