ICC Revenue Share : In a significant development, the Board of Control for Cricket in India (BCCI) has emerged as the highest-earning cricket board in the world once again. The International Cricket Council (ICC) has approved the revenue share model, which will see the BCCI claim 38.4% of the total revenue generated by the ICC. Despite the protest by the Pakistan Cricket Board (PCB), the majority of attention has been given to the BCCI due to its substantial contribution to cricket revenue.
Let’s have a look into the details of the approved revenue share and its implications: ICC Revenue Share
Revenue Share Model
The ICC’s revenue share model has been made official, determining the distribution of earnings among member boards. The BCCI will earn a staggering $230 million out of the approximate annual revenue of $600 million generated by the ICC. This represents a share of 38.4% for the BCCI, making it the highest-earning cricket board.
BCCI Officially Becomes Top Earner as ICC Revenue Share Approved Despite PCB’s Protest
Distribution Breakdown
Here is the breakdown of the revenue share for selected cricket boards:
- BCCI: $230 million (38.4%)
- England and Wales Cricket Board (ECB): $41 million (6.89%)
- Cricket Australia: $37.53 million (6.25%)
- Pakistan Cricket Board: $34.5 million (5.75%)
- New Zealand Cricket: $28.38 million (4.73%)
- West Indies Cricket: $27.5 million (4.58%)
- Sri Lanka Cricket: $27.12 million (4.52%)
- Bangladesh Cricket: $26.74 million (4.46%)
- Cricket South Africa: $26.24 million (4.37%)
- Cricket Ireland: $18.04 million (3.01%)
- Zimbabwe Cricket: $17.64 million (2.94%)
- Afghanistan Cricket: $16.82 million (2.8%)
Increased Investment and Distribution
The ICC Board has also confirmed the largest-ever investment into cricket, with enhanced funding for all member boards. A strategic investment fund will be allocated to drive global growth initiatives aligned with the ICC Global Growth Strategy. The increased investment aims to accelerate growth, engage more players and fans, and enhance competitiveness.
BCCI Officially Becomes Top Earner as ICC Revenue Share Approved Despite PCB’s Protest
Factors Influencing Revenue Share
The revenue share calculations take into account various factors, including rankings, performance in ICC events, commercial contributions, media rights revenues, and viewership. It is based on the overall contribution of each board to the growth and prosperity of the sport.
PCB’s Protest and Other Member Boards
The PCB initially raised objections to the revenue share model, arguing that their players’ rankings deserved a larger share. However, the model considers multiple parameters beyond rankings, leading to the BCCI’s significant share. Other member boards will also benefit from the increased revenue, promoting growth and development of cricket worldwide.
BCCI Officially Becomes Top Earner as ICC Revenue Share Approved Despite PCB’s Protest
With the approval of the ICC revenue share model, the BCCI has reaffirmed its position as the top earner among cricket boards. The substantial share granted to the BCCI reflects its significant contribution to the sport’s revenue. This increased revenue will support the development of cricket globally, ensuring a stronger future for the sport. While the revenue distribution may have faced protests, the ICC’s decision highlights the economic influence and importance of the BCCI in the world of cricket.
Read more : IND vs WI Live Streaming: How to Catch the Cricket Action on FanCode and JioCinema
