The International Cricket Council (ICC) and the Board of Control for Cricket in India are two powerful bodies in cricket. The BCCI is the governing body for cricket in India and enjoys some informal power inside the ICC. This relationship helps the BCCI in many ways, including ensuring the ICC’s financial security. In addition to this, the BCCI has huge support from cricket fans in India, making it the richest cricket board in the world.
In addition to their shared revenue, the BCCI has more support rights and incentives than the ICC. These rights include television and web broadcasting. Both bodies are expected to continue to grow and become richer. The BCCI is more profitable than the ICC, despite their differences. It is a fact that the BCCI is a larger and more influential organization, and that has contributed to their increased revenue.
In addition to promoting cricket in India, the BCCI also makes money off of television. It sells the television rights of the India-England series to TWI, which then pays Doordarshan $1 million. That deal alone made the BCCI richer by $600,000, a huge difference. The BCCI makes up for the difference in part by not relying on the government to finance its tournaments, and through other sources, such as media rights and kit sponsorship, the BCCI makes money that it does not get from the ICC.
The BCCI has the Midas touch. With revenues of nearly $2 billion and a net worth of $3730 million, the BCCI is the richest cricket board in the world. Pakistan’s cricket board has the second highest revenue at $55 million, while Bangladesh’s is fifth with $11 million. And both boards have a devoted public backing. It’s hard to argue with them.
The ICC and BCCI are each incredibly wealthy, but which is richer? The answer is both. There are some similarities, but there are many differences. For instance, the ICC is worth nearly $5 billion, whereas the BCCI is worth about $79 billion. For their part, the BCCI has the money to fund its own domestic T20 league. The ICC, on the other hand, is completely dependent on television rights.
While the BCCI is the richest cricket board, the ICC is the second-richest, and the shortest-lived. The BCCI is the only cricket board in the world to earn more than $140 million. Its president earns nearly $59 million per year. In contrast, Zimbabwe Cricket only has a net worth of $31,655.
Both boards make billions of dollars, but the BCCI is the wealthiest in terms of cash. Interestingly, the ICC does not earn from bilateral series between two countries, which are organized by their cricket governing bodies. The ICC also invests in the development of cricket in its associate nations. And they’re also working hard to equalize the playing field for women. It’s no surprise that the BCCI is the richest in cricket.