dyton mupawaenda
Sports Reporter
ZIMBABWE Cricket are set to get reduced income of US$70.56m under a new revenue-sharing model being considered by the International Cricket Council’s all-powerful Finance and Commercial Affairs Committee for the next four-year cycle.
It has been proposed that Zimbabwe will get US$17.64m per year, according to CricInfo.
This will translate to US$70.56m at the end of the four-year cycle from 2023 – 2027.
This is a significant reduction from what they received during the last cycle which ran from 2016-2023, when they received US$94 million for that period.
India are set to get the biggest chunk.
The ICC’s next revenue-distribution model looks set to confirm India as the only really big player in the game, with the Indian board projected to take home nearly 40 percent of the ICC’s net surplus earnings from its next four-year commercial cycle.
The new model, currently at a proposed stage and seen by ESPNcricinfo, draws from much of the rationale that underpinned the short-lived Big Three takeover in 2014, but as far as take-home earnings go, it is more the Big One.
The BCCI stands to earn approximately US$230 million per year between 2024-27 – or 38.5 percent of the ICC’s annual earnings of US$600 million. That dwarfs the next-highest earner, the English Cricket Board, in this proposed model.
The ECB could earn US$41.33 million — or 6.89 percent — of the ICC’s earnings.
Cricket Australia, the third member of the original Big Three, comes next, and could get US$ 37.53 million (6.25 percent).
The only other board projected to make over US$ 30 million among the remaining nine full members is the Pakistan Cricket Board, which could receive US$ 34.51 million (5.75 percent).
The earnings of the remaining eight full members are below five percent. Of the US$ 600 million projected pool, the 12 full members will get US$ 532.84 million (88.81 percent), with the remaining US$ 67.16 million (11.19 percent) going to the Associate Members.
The overall annual figure is based on the estimated earnings of the ICC — over US$ 3.2 billion – from the sale of its media rights alone, which recently, for the first time, were sold across five separate regions globally including the Indian market.
The vast bulk of that money has come from the sale of rights in the Indian market, where Disney Star paid just over US$3 billion for four years.
The proposed model was developed originally by an ICC team and then worked on by the governing body’s finance and commercial affairs 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.
Online Reporter