BCCI Receives Over Rs 1,800 Crore From ICC, Nearly 40 Percent Of Revenue Share, IPL Chairman Arun Dhumal Tells

The Board of Control for Cricket in India (BCCI) is likely to receive around 40 per cent of the ICC’s annual net earnings over the next four-year commercial cycle, according to ESPNcricinfo, with the International Cricket Council’s decision to reform the revenue-distribution model. Website. The report further states that the BCCI will earn around $230 million (Rs 1,887 crore) annually from 2024 to 2027 – or 38.5 per cent of the ICC’s estimated annual earnings of $600 million.

According to the website, current Indian Premier League (IPL) chairman Arun Dhumal was the BCCI’s representative at the ICC’s CEC on Thursday and thanked the International Cricket Council on behalf of the Board of Control for Cricket in India (BCCI). ICC) to approve revised revenue-model distribution and equal prize money for men’s and women’s teams in ICC events.

Speaking to the media, Dhumal said, “The BCCI would like to express its gratitude and appreciation to the ICC for approving the revised revenue-distribution model during the ICC’s AGM in Durban.”

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He further reflected on the recent measures taken by the BCCI to promote pay parity and said, “The BCCI has in recent years cemented its global position as a visionary board in the field of cricket under the astute leadership of Jay Shah in which the BCCI has led by example, be it the WPL, pay parity for women or spreading the game globally with the IPL. Thus, it was only a matter of time before its contribution to the game of cricket was recognized by the ICC, the supreme governing body for cricket globally. I am sure that under the leadership of Secretary Jay Shah, Indian cricket will continue to play its part in leading by example with pioneering initiatives and marching ahead from strength to strength on and off the field.

BCCI will get around 40% of ICC’s net revenue per year from now onwards – approx 1887 crores per annum. , pic.twitter.com/VVyLiBKNZZ– Dr. Cric Point (@drcricpoint) 13 July 2023

During the ICC Annual Conference held in Durban, South Africa on Thursday, the ICC officially announced equal prize money for both men’s and women’s teams participating in ICC competitions. Additionally, adjustments were made to the over-rate restrictions in Test cricket.

“This decision was taken at the ICC Annual Conference in Durban, South Africa, and ensures that the ICC Board will meet its commitment to reach prize money equity by 2030 ahead of schedule,” the ICC said in an official statement.

From the next cycle, the ICC will award equal prize money to the men’s and women’s champion and runner-up teams in its global events. “This is an important moment in the history of our sport and I am delighted that male and female cricketers competing in ICC global events will now be rewarded equally. Since 2017 we have increased prize money in women’s competitions every year with a clear focus on reaching equal prize money and from now on, winning the ICC Women’s Cricket World Cup will carry the same prize money as winning the ICC Men’s Cricket World Cup. The same goes for the T20 World Cup and the Under19s,” ICC chairman Greg Barclay was quoted in a statement issued by the ICC.

“Cricket is truly a game for all and this decision by the ICC Board reinforces this and enables us to equally celebrate and value each and every player’s contribution to the game,” he added.