Image courtesy of: Zimbio
The BCCI and the ICC have finally come to an agreement over the new financial model that will come into effect.
The Indian cricket board were initially set to receive US$293 million in the model that was agreed upon by a majority of the Full Member nations.
However, the BCCI demanded more since they bring in the largest amount of revenue. With that in mind, the ICC agreed to give the BCCI more money, and they will now receive US$405 million.
While the BCCI will get the largest share of the ICC’s revenue, the England and Wales Cricket Board (ECB) will get the second-largest amount as they will be given US$139 million.
As for Cricket Australia, Cricket South Africa, the Pakistan Cricket Board, New Zealand Cricket, Sri Lanka Cricket, Cricket West Indies and the Bangladesh Cricket Board, they will all receive $128 million. Zimbabwe Cricket, meanwhile, will get $94 million.
A total of US$240 million has been set aside for the Associate nations, but the breakdown in revenue is still unclear as of now.