The Indian cricket board (BCCI) could witness another round of cash windfall during the next five-year cycle between 2023-2027 with estimated earnings of over USD 1.15 billion (INR 9 billion) from ICC’s share of annual revenue, PTI reports.
While this is still not official but an influential ICC member said that it is just a matter of time before BCCI is officially given 38.50 per cent of ICC’s annual revenue of 600 million USD, which comes to USD 231 million for world’s richest cricket board.
“It is a proposed model and it’s based on cricket (rankings), performance (in ICC events) and commercial (contribution to sport). Now India contributes such a significant share to the commercial element,” a senior BCCI source told PTI on condition of anonymity.
Such has been India’s dominance that a list published by ESPN Cricinfo states that England and Wales Cricket Board (ECB) are second-best beneficiary with annual earnings of USD 41.33 million (6.89 per cent) while Australia with USD 37.53 million (6.25 per cent) are a distant third.
The Pakistan Cricket Board are fourth with USD 34.51 million revenue which stands at 5.75 per cent.
Sri Lanka Cricket Board are sixth with USD 27.12 million revenue which stands at 4.5 per cent.
