BCCI Set To Get 38.5% Share In The ICC's New Revenue Model For The 2024-2027 Cycle

The International Cricket Council (ICC) has reportedly approved a new revenue-sharing model for the upcoming international cycle from 2024 to 2027. According to the new model, the Board of Control for Cricket in India (BCCI) will receive the largest share of the annual income, which is 38.5%.

The ICC accepted the revenue during its annual conference in Durban on Thursday. As reported by The Telegraph, the BCCI is set to receive a share now estimated at around US$231 million per year, which is a notable increase of 16.5 per cent from the previous cycle spanning 2015 to 2023.

Dream11 Prediction | Fantasy Cricket Tips | Cricket Match Prediction Today | Cricket News | Cricket Live Score | Asia Cup 2023 | ICC Cricket World Cup 2023 | IND vs AFG 2023 | IND vs WI 2023

The ICC has announced that every member board will receive increased funding. However, the board has not provided a specific breakdown of the revenue share for each board.

“Every ICC member will receive significantly enhanced funding with a strategic investment fund ring-fenced to drive global growth initiatives in line with the ICC Global Growth Strategy,” the ICC said.

Also read: IND vs WI: Rohit Sharma And Yashasvi Jaiswal Help India Create History At Dominica

Equal Prize Money For Men’s And Women’s Teams At ICC Events

The global governing body has announced the introduction of equal prize money for men’s and women’s teams at ICC events. BCCI secretary Jay Shah proposed the concept. Greg Barclay expressed his delight at this decision, calling it a significant moment in the history of cricket.

“This is a significant moment in the history of our sport, and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally,” ICC chair Greg Barclay said.

IND vs AUS 2023 | India National Cricket Team | IND vs AFG 2023 | IND vs WI 2023 | Asia Cup 2023 | ICC World Cup 2023

New Changes To Overrate In Test Matches

In a recent development, the ICC has implemented a cap on over-rate fines. If a team is bowled out before 60 overs, no over-rate penalty will be applied. It is worth noting that previously, the threshold was set at 80 overs.

“If a team is bowled out before the new ball is due at 80 overs, there will be no over-rate penalty applied even if there is a slow over rate. This replaces the current 60 over threshold,” the ICC said.

Also read: IND vs WI: “Dream Debut” – Twitter Hails Yashasvi Jaiswal As He Slams Ton On His Test Debut

The ICC introduced a new restriction to counter the franchise cricket threat. The board mentioned a maximum of four international players in the playing XI. However, it does not apply to ongoing leagues like ILT20 and MLC. Furthermore, players will be required to pay 10% of their fee to their respective home boards.

Also read: Historic Moment! ICC Announces Equal Prize Money For Men’s And Women’s Teams At ICC Events

Virat Kohli | Rohit Sharma | Rishabh Pant | KL Rahul | Suryakumar Yadav | Sanju Samson | Shreyas Iyer | Yuzvendra Chahal | Jasprit Bumrah