List: Top 5 Richest Cricket Boards in the World
The cricket board is an institution that drives and controls all the activities related to the sport of cricket in any country. Be it the responsibility of managing and hiring the players, managing the tournaments and series to be scheduled at home venues or away, selecting the teams, or hosting cricket-related events, everything is managed by the cricket board. In this context, the board often oversees leagues like the most expensive cricket league in the world, which reflects the significant investment and commercial interest in the sport.
Among tens of cricket-playing nations, we have picked up some of the richest cricket boards that have the required resources to efficiently run and control the activities and events related to the sport in their respective countries.
How Richest Cricket Boards in the World generate revenue?
Before we begin with the list, you must be wondering how the Cricket boards actually generate revenues to drive the sport at such a huge international level. Well for starters, cricket boards earn a maximum part of their revenue through sponsorships, hosting tournaments and different leagues and signing away their telecast and broadcasting rights.
Sponsorships pave the way for the cricket boards to generate revenue as multinational Giants and huge successfully acclaimed brands like to establish a good image and promote themselves by being either the title sponsors, equipment, sponsors, or jersey sponsors for the teams. The better the performance of the players and the team, the better the companies would like to sponsor, thus, the higher the money generated by the cricket boards.
Broadcasting rights or another vital path that pools in large sums of money for the cricket boards. Be it on television or now popularly the OTT platforms or digital media, those deals are sanctioned in hundreds of millions by the cricket boards.
In this article, we will check out the Top 5 Richest Cricket Boards in the World.
Richest Cricket Boards in World
S.NO | CRICKET BOARD | NET WORTH (in INR) |
1 | Board of Control for Cricket in India (BCCI) | 18,011.84 cr |
2 | Cricket Australia (CA) | 2,843 cr |
3 | England and Wales Cricket Board (ECB) | 2,135 cr |
4 | Pakistan Cricket Board (PCB) | 811 cr |
5 | Bangladesh Cricket Board (BCB) | 802 cr |
The Board of Control for Cricket in India (BCCI) Networth and Reveue
BCCI Annual Revenue – $467 million
BCCI Net Worth – $2.25 billion
The BCCI is the richest cricket board in the world and has the widest operations related to the sport. Valued at a whopping net worth of $2.25 billion, the BCCI not only dominates the generated revenues among all the cricket boards but also faces a strong comparison by the main International Cricket Council (ICC) since the institution is valued at $2.9 billion.
India has a population of over 1.3 billion people, and cricket is the most popular sport in the country. This gives the BCCI a huge potential market for its products and services.
Cricket as a sport is worshipped in India and has a mass fan following which has paved the way for BCCI to generate the highest revenues through sponsorships, broadcasting and telecasting rights, and the world’s richest and most successful cricket league, the Indian Premier League with a net worth of over $10.9 billion.
Furthermore, the Indian cricket team is one of the most successful in the world, having won the Cricket World Cup twice and the ICC Champions Trophy thrice. This success attracts fans and sponsors, which generates revenue for the BCCI.
Last but not least, the Indian Premier League (IPL) is a professional Twenty20 cricket league that is held in India every year, and is one of the biggest source of income for BCCI. The IPL is one of the most popular sports leagues in the world, and it generates a significant amount of revenue for the BCCI.
How the BCCI monetizes its assets
The BCCI monetizes its assets through a variety of channels, including:
- Media rights: The BCCI sells the media rights to Indian cricket matches to television and digital broadcasters. This is the BCCI’s biggest source of revenue.
- Sponsorships: The BCCI has sponsorship deals with a number of major brands, including Byju’s, MPL Sports, Paytm, Dream 11, Hyundai, and Ambuja Cements.
- Gate receipts: The BCCI earns revenue from ticket sales to Indian cricket matches.
- Merchandise: The BCCI sells merchandise related to the Indian cricket team and the IPL.
What makes the BCCI different?
The BCCI is different from other cricket boards in a number of ways:
- Size: The BCCI is the largest cricket board in the world, in terms of both membership and revenue.
- Popularity: The BCCI oversees the Indian cricket team, which is one of the most popular sports teams in the world.
- Commercialization: The BCCI is a highly commercialized cricket board, and it has been very successful in generating revenue from its assets.
It is also said that in the next five years, the BCCI is said to earn a revenue share of $1.15 billion from the ICC. Mastercard, Adidas, Hyundai, Dream 11 and LafargeHolcim are one of the key sponsors of the Indian cricket team.
Fun fact: The BCCI is so rich that it is reportedly wealthier than the International Cricket Council (ICC), the governing body of world cricket.
Cricket Australia Networth and Reveue
CA Annual Revenue – $356 million
CA Net Worth – $70 million
The Aussies cricket board popularly known as Cricket Australia’s next in the list of the Top 5 Richest Cricket Boards in the World. Valued at a whopping net worth of $70 million, the kangaroos have always made a huge impact on the cricket fraternity.
There are a few key reasons why Cricket Australia is so wealthy. First, cricket is incredibly popular in Australia. It is the country’s most popular sport. And being the only team to have won all the ICC tournaments, ICC Cricket World Cup, ICC Men’s T20 World Cup, ICC Champions Trophy and the ICC World Test Championship, the Australian cricket team have made the best use of the resources.
Second, Cricket Australia has been very successful in commercializing the sport. In particular, it has been a pioneer in developing and promoting T20 cricket. The Big Bash League (BBL), which is Australia’s domestic T20 competition, is one of the most popular T20 leagues in the world. The BBL generates a significant amount of revenue for Cricket Australia, both from ticket sales and broadcasting rights.
Finally, Cricket Australia has a number of lucrative sponsorship deals with major corporations. These sponsorships provide Cricket Australia with a steady stream of income, which helps to fund its operations and invest in the future of the sport.
The Australian Cricket Board has successfully established the second most successful international league after the Indian Premier League, The Big Bash League (BBL). The BBL has pulled in millions of dollars for the Australian cricket board, making them the second richest cricket board in the world.
Here are some specific examples of Cricket Australia’s revenue streams:
- Broadcast rights: Cricket Australia has a six-year broadcast deal with Fox Sports, which is worth $1.18 billion. This is one of the richest broadcast deals in cricket.
- Sponsorship: Cricket Australia has a number of major sponsors, including Vodafone, Commonwealth Bank, ASICS, and Dettol. These sponsorships generate millions of dollars in revenue each year.
- Ticketing: The Australian national team is one of the most popular teams in the world, and its matches regularly sell out. Cricket Australia generates a significant amount of revenue from ticket sales.
- Big Bash League: The BBL is one of the most popular T20 leagues in the world. Cricket Australia generates revenue from the BBL from ticket sales, broadcasting rights, and sponsorship deals.
England and Wales Cricket Board (ECB) Networth and Reveue
ECB Annual Revenue – $293 million
ECB Net Worth – $59 million
As the inventors of the sport, the England and Wales Cricket Board stands at the third position in the list of the Top 5 Richest Cricket Boards in the World. The English cricket team has always been one of the most anticipated tournaments and series, which pools in millions for the ECB. Valued at a whopping net worth of $59 million, the ECB generates an annual revenue of $293 million to support its players and tournaments.
There is absolutely no doubt that the English grounds have always been the most interesting to play at and every opponent has had amazing games at their venues. From Lord’s to the Oval, the ECB has hosted one of the most successful tournaments in the history of the sport. The England and Wales Cricket Board also funds two international cricket leagues, namely, the T20 Blast and the newest addition to the International T20 leagues, The Hundred.
As the defending champions of the ICC Cricket World Cup, the English cricket board has generated a huge revenue ever since the team’s win in the big tournament with their sponsorships with brands like Lifebuoy, Royal London and New Balance.
What makes the ECB the richest cricket board in the world?
The ECB is the richest cricket board in the world because of a number of factors, including:
- Strong domestic competitions: The County Championship and the T20 Blast are two of the most popular domestic cricket competitions in the world. Both competitions attract large crowds and generate significant revenue from ticket sales, broadcasting rights, and sponsorship.
- Successful national team: The England cricket team is one of the most successful in the world, having won the Cricket World Cup in 2019 and the Ashes series against Australia on numerous occasions. This success attracts a large fan base and makes the ECB a more attractive proposition for sponsors and broadcasters.
- Lucrative broadcasting deals: The ECB has a lucrative broadcasting deal with Sky Sports, which is worth over £1 billion over a five-year period. This deal gives Sky Sports the exclusive rights to televise all England cricket matches in the UK and Ireland.
- Global appeal of cricket: Cricket is a global sport with a large and passionate fan base. This means that the ECB is able to generate revenue from a variety of sources, including sponsorship, broadcasting rights, and merchandise sales.
The ECB’s financial success has allowed it to invest heavily in the game, at all levels. This has helped to improve the quality of cricket in England and Wales, and has made the England cricket team one of the most successful in the world.
Pakistan Cricket Board (PCB) Networth and Reveue
PCB Annual Revenue – $111.45 million
PCB Net Worth – $55 million
With not much of a difference in the net worth of the ECB, the Pakistan cricket board or popularly known as PCB annually generates an income of $111.45 million. Being one of the underdeveloped nations, it is a victory for the country for the cricket board to be standing at number four in the list of the Top 5 Richest Cricket Boards in the World.
Valued at $111.45 Million, the Pakistan cricket team has had vital sponsorship partners like EasyPaisa, Pepsi, Brighto Paints, Gatorade and many more that have pulled in large sums of money for their cricket board.
Making cricket the most popular sport in the country, the PCB has managed to sponsor big tournaments such as the Pakistan Super League which invites cricketers from all across the world.
Bangladesh Cricket Board (BCB)
BCB Annual Revenue – $110 million
BCB Net Worth – $51 million
It might come out as a shocker as after leaving behind popular cricket-playing nations such as New Zealand and South Africa, the Bangladesh cricket board stands tall at the fifth position on the list of the Top 5 Richest Cricket Boards in the World. The Bangladesh cricket board slips down with a minor difference between the net worth and annual generated revenue from the Pakistan cricket board.
Even though the Bangladesh cricket team has never won any major ICC tournament, The BCB is valued at $51 million as it pools in an annual revenue of $110 million. This clearly shows the popularity of the sport in the country and the love the fans give to their national cricket team.
Having partnered for sponsorships with brands such as Pan Pacific, Amra Network and Daraz, the Bangladesh cricket board has pulled in enough funds to post their own international cricket League popularly known as the Bangladesh Premier League (BPL).
Conclusion
Commercial domestic and international Cricket Leagues, such as the Indian Premier League, the Big Bash League, T20 Blast etc have been one of the main paths of success for the cricket boards of the respective countries to generate higher revenues. They not only help the cricket boards to earn but also to identify the hidden gems and talents and give them a big stage to perform and showcase their skills.
Cricket boards are not only there to find ways how to make money but also hold the vital responsibility of selecting the right place at the right circumstance depending on the type of bitch, ground, or opponent they are going to play against. Hence, efficiency and effectiveness are the key roles to manage the cricket boards.
FAQ
Which is the Richest Cricket board in the world?
Board of Control for Cricket in India or BCCI as everyone knows it is the richest cricket board in the world. It has a net worth of nearly 18,011.84 cr, which is more than that of all the other cricket boards combined.
What is net worth of Cricket Australia?
The net worth of Cricket Australia or CA is around 2,843 cr. And it is the second most richest cricket board in the world.
What is the net worth of PCB or Pakistan Cricket Board?
Pakistan Cricket Board has a net worth of 811 cr, making it the fourth most richest cricket board.