BCCI to earn 38 percent of share per year in ICC's new finance model
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The Board of Control for Cricket in India (BCCI) is set to get a huge amount of share in the International Cricket Council’s (ICC) net surplus earnings from the upcoming four-year commercial cycle from 2024 to 2027.
The BCCI stands to earn approximately US$ 230 million per year between 2024-27 - or 38.5% of the ICC's annual earnings of US$ 600 million.
The next-highest earner in this proposed model is the ECB which could earn US$ 41.33 million - or 6.89% - of the ICC's earnings. CA, the third member of the original Big Three, comes next, and could get US$ 37.53 million (6.25%).
The only other board projected to make over US$ 30 million among the remaining nine Full Members is the PCB, which could receive US$ 34.51 million (5.75%).
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The earnings of the remaining eight Full Members are below 5% (see table below). Of the US$ 600 million projected pool, the 12 Full Members will get US$ 532.84 million (88.81%), with the remaining US$ 67.16 million (11.19%) going to the Associate Members.
The four pillars of the proposed model
The proposed model was developed originally by an ICC team and then worked on by the governing body's finance and commercial affairs (F&CA) committee, before being discussed by the ICC Board this March.
At that meeting, it is understood, only some details of the model were shared, including the criteria by which each Full Member would be graded when the distribution was calculated. The paper detailing the proposed model was circulated to the Full Members and board directors thereafter.
Those criteria - "component weightings", the model calls them - are:
- Cricket history
- Performance in both men's and women's ICC events over the last 16 years
- Contribution to the ICC's commercial revenue
- And, an equal weightage for the status of being a Full Member
