Victor Melder as Compiler
Sri Lanka will earn as much as Rs. 8.6 billion per year over a four-year period (Rs. 34.2 billion in total income) as the island’s allocation from the International Cricket Council’s annual payouts. In US dollars Sri Lanka’s share is 27.12 million compared to India’s lion’s share of USD 230 million but the amount in still massive by Sri Lanka’s standards. The International Cricket Council has made the allocations taking into account factors like performance in both the men’s and women’s teams on the international stage over the past 16 years and contribution to the ICC’s commercial value. The earnings of the ICC of over $3.2 billion come 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 $3 billion for four years according to ESPNcricinfo (Sunday Observer, 14.5.2023).
