Wednesday, December 6, 2023
HomeCricket NewsBCCI to earn US$ 230 million per year in ICC proposed model

BCCI to earn US$ 230 million per year in ICC proposed model

BCCI is likely to earn 38.5% of the annual earnings in the 2024-27 cycle.

According to the new finance mannequin proposed by means of the ICC, the Board of Control for Cricket in India (BCCI) is probably to earn 38.5% of the annual revenue in the 2024-27 cycle. Notably, the income distribution mannequin tasks the ICC acquiring US$ 600 million, upon which the apex cricket board in India is probable to take the large share of the pie as in contrast with the different boards.

It is understood that the BCCI will possibly earn US$ 230 million per yr of the ICC profits in the new mannequin in the coming near near cycle. In assessment with the different two large sharks, the England and Wales Cricket Board (ECB) and the Cricket Australia (CA) ought to earn US$ 41.33 million (or 6.89%) and US$ 37.53 million (or 6.25%), respectively.

Solely from the media rights sale, the ICC makes over US$ 3.2 billion with regards to the common annual figure. The large chunk of the media rights come from the Indian market as Disney Star paid over US$ three billion for 4 years. Apart from the ‘Big Three’ (BCCI, CA, and ECB), the Pakistan Cricket Board (PCB) is projected to earn over US$ 30 million amongst the last 9 Full Members.

BCCI shut to aggregating Billion-dollar figure

As per the modern projections with the aid of the ICC, the BCCI would roughly make an mixture incomes of US$ 924 million in the new cycle. However, there is a opportunity that the cricket board should breach the billion-dollar parent assuming the ICC makes a sharp uptick in its mixture earnings.

This really capacity that the BCCI would have an 82% upward jab over the second-highest earner, the ECB, which will solely get hold of US$ one hundred sixty five million in the 2024-27 cycle. The new proposed mannequin by means of the ICC is but to go in full swing as Full Members have now not but surpassed their remarks on this regard. Assuming that the deal is finalised, there ought to be a opportunity of a dip in broadcast rights values for positive countries in the Full Member list.



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