Report: BCCI is projected to earn $230m in next ICC revenue cycle

The projection is for the period between 2024-2027.

The BCCI is expected to receive almost 40% of the ICC's net surplus earnings from the upcoming four-year commercial cycle, which appears to cement the BCCI's status as the sole truly significant player in the game.

The new model, which is now in the proposed stage and in the knowledge of ESPNCricinfo, borrows heavily from the reasoning behind the unsuccessful Big Three takeover in 2014, but in terms of take-home pay, it is more.

Between 2024 and 2027, the BCCI is projected to make about US$ 230 million a year, or 38.5% of the ICC's US$ 600 million in revenue.

The total yearly amount is based on the expected earnings of the ICC, which are over US$ 3.2 billion, from the sale of just its media rights, which were recently auctioned for the first time across five different worldwide countries, including the Indian market.

The overwhelming majority of the cash came from the sale of rights in the Indian market, where Disney Star paid just over US$ 3 billion for four years.

The ECB 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%).

The earnings of the remaining eight Full Members are below 5%. 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 biggest slice of the BCCI's pie- Commercial weightage

The BCCI has steadily made the point that because India contributes to the global economy of cricket, it should receive more returns from the ICC's income. The Big Three's financial model was built around the distribution costs as a way to acknowledge the importance of each member's role in "contributing to generating ICC's revenues required to sustain the game."

This year's proposed model gives a commercial weightage of 85.3% to the BCCI. The value of the Indian rights by ICC (just over US$ 3 billion) towers over the rest of the world, especially two key markets in the UK and the USA.

The next four-year rights deal, believed to be second only to the IPL in cricket, is by a significant factor greater than the US$ 2.1 billion (approximately) the ICC got (from around the world, not just India) from the previous rights cycle, which ran over eight and not four years (2015-2023).

Performance criteria

The performance criterion measures Full Members' performance at world events in the last 16 years - both men's and women's - and records an average weightage. The yardstick rewards countries that have consistently made the knockouts at ICC events, which is why Australia (21.9%), England (18.5%), and India (17.4%) receive the weightage that they do.