Know the Top 10 Richest Cricket Boards in the World in March 2024
Cricket is a widely adored sport globally, particularly in Asian countries such as India, Pakistan, Bangladesh, and Sri Lanka. The passion for cricket in these regions reaches extraordinary heights, with cricketers being revered almost like deities. Cricket boards play a significant role in organising leagues and have a profound impact on the careers of aspiring cricketers.
In this article, we will explore the financial success of the Top 10 Cricket Boards worldwide by examining their revenue and popularity.
No | Cricket Board | Valuation |
---|---|---|
1 | Board of Control for Cricket in India (BCCI) | $2.25 Billion |
2 | Cricket Australia (CA) | $79 Million |
3 | England and Wales Cricket Board (ECB) | $59 Million |
4 | Pakistan Cricket Board (PCB) | $55 Million |
5 | Bangladesh Cricket Board (BCB) | $51 Million |
6 | Cricket South Africa (CSA) | $47 Million |
7 | Zimbabwe Cricket Board (ZCB) | $38 Million |
8 | Sri Lanka Cricket (SLC) | $20 Million |
9 | Cricket West Indies (WICB) | $15 Million |
10 | New Zealand Cricket (NZC) | $9 Million |
Top 10 Richest Cricket Boards in the World: (Dainik Jagran)
— CricketMAN2 (@ImTanujSingh) December 8, 2023
BCCI – 18,760 Crores INR.
CA – 658 Cr.
ECB – 492 Cr.
PCB – 458 Cr.
BCB – 425 Cr.
CSA – 392 Cr.
ZCB – 317 Cr.
SLC – 166 Cr.
WICB – 125 Cr.
NZC – 75 Cr. pic.twitter.com/ioAFHLKBsq
Here’s the Top 10 Richest Cricket Boards in the World in March 2024
1. Board of Control for Cricket in India (BCCI)
The Board of Control for Cricket in India (BCCI) holds the top spot with a valuation of $2.25 billion. They reported an impressive $512 million in income, solidifying their position as the wealthiest cricket team globally. Aside from Byju’s, MPL Sports, Dream 11, Paytm, Hyundai, Star Sports, and Ambuja Cements being among BCCI’s numerous sponsors, the Indian Premier League (IPL) is a significant revenue generator for the board, and they have also introduced the Women’s T20 Challenge (WPL), which has become one of the premier women’s cricket tournaments in recent years.
Read: How BCCI became the richest cricket board in the world?
2. Cricket Australia (CA)
The team holding the record for the most World Cup wins finds itself in second place. Cricket Australia, which was founded back in 1905, currently boasts a net worth of approximately $79 million. The board receives sponsorship from a wide variety of companies, such as Gatorade, HCL, Vodafone, Dettol, KFC, Toyota, and Cadbury. Furthermore, they also generate a considerable amount of income through the Big Bash League.
3. England and Wales Cricket Board (ECB)
The ECB was established in 1997, with its headquarters in Lords. Its net worth is around $59 million. They have sponsorships from some top brands like Lifebuoy, New Balance, and Royal London that have made the board high on money.
4. Pakistan Cricket Board (PCB)
The Pakistan Cricket Board (PCB) was founded in Lahore in 1949 and currently has revenues of $27.6 million, with a net worth of $55 Million. The board enjoys sponsorship from various organizations such as Pepsi, Gatorade, United Bank Ltd., and Brighto Paints. A significant source of revenue for the PCB is the Pakistan Super League.
5. Bangladesh Cricket Board (BCB)
In 1977, the Bangladesh Cricket Board (BCB) was founded. Since 2000, BCB has been a full member of the ICC. BCB’s overall net worth was $51 million. Major sponsors include Pan Pacific, Daraz, and Aamra.
6. Cricket South Africa (CSA)
Cricket South Africa (CSA) is ranked second on the list. The organization has succeeded in building one of the strongest cricket teams globally, despite not securing a World Cup victory. This achievement hasn’t diminished the value of Cricket South Africa, as it remains a significant powerhouse in the sport with assets worth $47 Million.
7. Zimbabwe Cricket Board (ZCB)
The Zimbabwe Cricket Board, established in 1992, has an estimated net value of $38 million. In the previous year, it generated approximately $5.53 million in revenue. ZCB receives support from renowned companies, including Castle Lager, ZimGold, and Coca-Cola.
8. Sri Lanka Cricket (SLC)
The Sri Lanka Cricket (SLC) board was established in 1975 and has a net worth of $20 million. The SLC oversees the men’s, women’s, and under-19 teams of Sri Lanka, participating in domestic and international matches across various formats.
9. Cricket West Indies (WICB)
With a total net worth of $20 million, The Cricket West Indies, formerly known as the West Indies Cricket Board, is ranked ninth. WICB’s most recent revenue was $28.12 million. Their earnings steadily grew once the Caribbean Premier League was established.
10. New Zealand Cricket (NZC)
The NZC’s recent income was $42 million, with an overall net value of $9 million. The organization enjoys support from various companies, including Ford, ANZ, Air New Zealand, KFC, and Gillette, among others.
Read more: England skipper Eoin Morgan is all set to retire from international cricket
FAQs
<strong><em>Which is the richest cricket board?</em></strong>
The BCCI is the richest cricket board, with a $2.25 billion valuation.
<strong><em>Which is No. 1 cricket board in the world?</em></strong>
The Board of Control for Cricket in India (BCCI) is considered the top cricket board globally, with a valuation of $2.25 billion.
<strong>Are there disparities in wealth among cricket boards, and how does this impact the sport?</strong>
Yes, there are significant disparities in wealth among cricket boards, with some having more resources than others. This can lead to inequalities in funding for player development, infrastructure, and access to opportunities, which may impact the competitiveness of teams and the growth of cricket globally.
<strong>How do wealthy cricket boards use their revenue?</strong>
Wealthy cricket boards use their revenue to invest in various areas, including player development, grassroots cricket programs, infrastructure upgrades, coaching and support staff, marketing and promotion, and administrative expenses. They also contribute to the overall growth and development of cricket in their respective countries.
<strong>Is there a correlation between the wealth of a cricket board and the success of its national team?</strong>
While there may be some correlation between the wealth of a cricket board and the success of its national team, success in cricket also depends on factors such as talent development, coaching, player performance, team management, and competition from other cricket-playing nations.
<strong>Are there any efforts to promote financial sustainability among smaller cricket boards?</strong>
Yes, cricket governing bodies such as the International Cricket Council (ICC) and regional cricket associations often provide financial assistance, grants, and capacity-building programs to support smaller cricket boards and promote financial sustainability across the sport.
<strong>How do cricket boards invest their wealth?</strong>
Cricket boards invest their wealth in various areas, including infrastructure development (building and upgrading stadiums and training facilities), player contracts and salaries, coaching and support staff, grassroots cricket programs, and promotional activities to grow the sport.
<strong>Do all cricket boards have their own professional leagues or tournaments?</strong>
No, not all cricket boards have their own professional leagues or tournaments. While some boards, like the BCCI with the IPL, have successfully launched domestic T20 leagues, others may focus primarily on international cricket and domestic competitions without a dedicated professional league.
<strong>What are the main sources of income for cricket boards?</strong>
The main sources of income for cricket boards include international and domestic match broadcast rights, sponsorship deals, merchandise sales, hosting international tournaments, and ticket sales for matches.
<strong>What makes the BCCI the richest cricket board?</strong>
The Board of Control for Cricket in India (BCCI) is the richest cricket board due to the massive revenue generated from the Indian Premier League (IPL), broadcasting rights, sponsorship deals, and a large cricket-loving population.