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Last week an article written in 2012 caught my eye. It commented on a 9 percent decline in the number of television viewers watching the Indian Premier League. This led to a recommendation that the IPL should join forces with the International Cricket Council to form a World Cricket League, featuring teams from around the world.

In retrospect, the suggestion appears bizarre. The IPL has since become the powerhouse that has propelled India to dominance in cricket’s global political economy. The recommendation ought to be a warning to those who try to predict the game’s future landscape.

It is clear that India’s dominance shows little sign of waning for the foreseeable future. Au contraire, it is set to grow further with the appointment of Jay Shah as chair of the ICC. Previously, Shah was secretary of the Board of Control for Cricket in India between October 2019 and December 2024. During that time, he was instrumental in shaping the current ICC financial model. This massively favors India.

Confirmation was revealed at the ICC annual conference in July 2023, with India set to receive almost 40 percent of ICC revenues in the 2024 to 2027 cycle. How much will actually be earned depends upon the broadcasting revenues that will be realized. Initial estimates indicate that the BCCI could earn $230 million out of a total pot of some $600 million annually. This is a significant increase compared with the 2016 to 2023 cycle, in which the BCCI’s share from the ICC’s central revenue pool totaled $405 million.

By way of comparison, the England and Wales Cricket Board is set to receive $41 million annually, 6.89 percent of the total pot, followed by Cricket Australia with $37.53 million, or 6.25 percent. Only one other board, Pakistan’s, is set to receive over $30 million annually, with $34.51 million or 5.75 percent. The other eight full members will receive a total of $189 million, an average of $24 million each. This leaves $67.5 million, around 11 percent of the pot, to be shared between the 96 associate members.

The contribution to national board income is not easy to estimate. First, this is partly because the criteria or “component weightings” used in the model are opaque. They are based on contribution to the global game both on and off the field. This embraces cricket history, performance in both men’s and women’s ICC events over the last 16 years, contribution to the ICC’s commercial revenue and an equal weightage for full members, quoted as 8.3 percent.

It is clear from the figures above that the other criteria amend the equal weighting. India’s claim that it contributes between 70 and 80 percent of the ICC’s revenue is well recognized in its allocation, whereas that for all other full members is below the base weighting.

A second reason is that the ICC’s annual income is based on the estimated earnings for future years. The majority of these derive from sales of media rights. In the 2024 to 2031 cycle, rights for ICC events were sold for $3.2 billion with $3 billion paid by Disney Star for the Indian market. Effectively, these funds bankroll cricket. In this context, the criticality of matches between India and Pakistan becomes apparent, as highlighted in the recent fracas between them over the 2025 Champions Trophy.

A third reason is that the payments are not uniform. New Zealand Cricket’s report and accounts for the year ending July 31, 2024, note that the distribution of monies from the ICC tends to be heavily weighted toward the end of the cycle. The final wash-up payment from the previous cycle, for example, was received around May 2024, placing it in the 2023 to 2024 financial year.

The NZC’s income in 2022 to 2023 and 2023 to 2024, has been NZ$97 million and NZ$98 million, equivalent to around $55 million. If a similar figure is assumed for 2024 to 2025 then the ICC income of between $24 million and $28 million represents half of its revenue stream. In comparison, the England and Wales Cricket Board has an annual income of around $388 million. Therefore, its $41 million from the ICC is 11 percent of its income, a lower dependency than that of New Zealand. However, 75 percent of its revenues is derived from sales of broadcasting rights, emphasizing its fragile financial structure.

India has no such vulnerability. Its 2023 to 2024 income of 7.574 crore rupees — fast approaching $1 billion — dwarfs that of all other ICC members. This represents a massive contribution to the game across all criteria. On the other hand, that amount of power and influence distort other outcomes. One of these is growth amongst associate members. Many of them are ambitious but are hamstrung by a lack of funds. An example is the Netherlands.

Recently, its governing body, the Koninklijke Nederlandse Cricket Bond, has seemingly pulled back from its ambition to become an ICC full member, because of a budgetary shortfall. Its team has often caused upsets against full members but, unlike the ICC’s full members, the governing body is not guaranteed a slice of the world revenue. This is contingent on qualification for global events, position on white-ball rankings tables and performance on the ICC’s development scorecard. This pits associate members in direct competition with one another, with financial uncertainty a deterrent to potential sponsors.

There is an opportunity for the ICC, under Shah, to promote India as a uniter and grower of the game. This could involve a greater sharing of broadcasting incomes, allowing its teams to play smaller full members and emerging countries, as well as opening new territories and markets. Shah appears to be putting great store by the Olympics to focus on the latter.

There is little indication, so far, that there is any prospect for associate members to receive additional funding to encourage their development. Perhaps this is deliberate. Power clearly rests with India. When with the BCCI, Shah was a key player in negotiating broadcast rights. He carries those connections into the ICC. The recent merger between Disney and Reliance in India severely reduces competition in the market for broadcast rights.

In the next cycle, further concentration of power can be expected, with small pickings for those outside of the inner circle.

LOS ANGELES: Mikal Bridges and the New York Knicks edged Victor Wembanyama and the San Antonio Spurs 117-114 in a Christmas Day thriller at Madison Square Garden on Wednesday.

French star Wembanyama put up 42 points with 18 rebounds and four blocks for the Spurs but Bridges took the glory with a brilliant 15-point fourth-quarter display that left him with a season-high 41 points and the win.

“It was great, man. I think just to feel the excitement from the crowd, my teammates, my coaches, this is who I play for,” Bridges told broadcaster ABC.

“They give me the energy, give me the confidence to go out there and play,” he added.

Wembanyama was just three points short of the Christmas debut scoring record of 45 set by Wilt Chamberlain in his rookie season in 1959.

The 20-year-old, who stands 7-foot-3 (2.21m), was 16-31 on shooting and made six of 16 three-point throws and while Bridges took the applause from the home crowd, he was quick to praise the Frenchman.

“From 40 feet out, from right under the rim, from 15 feet out, he’s just unbelievable, just to see what he’s doing, credit to him and how much work he has put in,” said Bridges.

The 28-year-old Bridges, who was traded from the Brooklyn Nets in July, shot 17-25 from the field and was six for nine on three-point attempts as his team improved to 20-10.

San Antonio were just a point behind with two minutes remaining before Bridges made back-to-back jumpers to open up a five-point lead.

Josh Hart came up big for New York at the death, grabbing two misses to ensure the win and leave the Spurs on a 15-15 record.

Karl-Anthony Towns with 21 points and Jalen Brunson with 20 points and nine assists were crucial for the Knicks in the win.

Jeremy Sochan supported Wembanyama with 21 points for the Spurs.

Defending champions the Boston Celtics (22-8) lost back-to-back games for the first time this season when they were upset at home by the Philadelphia 76ers 118-114.

Injury-prone 76ers star Joel Embiid hurt his ankle in a pregame fall but was able to start and showed his importance with 27 points, nine rebounds and the game clinching free throws at the end to clinch the win for the 11-17 Philadelphia.

Tyres Maxey scored 33 points and made 12 assists with his 13 points in the fourth quarter crucial as Philadelphia, who had led by 16 at the break, recovered from Boston’s third quarter rally.

Jayson Tatum top scored for the Celtics with 32 points and also grabbed 15 rebounds.

It was far from a Merry Christmas for the Dallas Mavericks who lost their Slovenian star Luka Doncic with a calf injury in the second quarter of their 105-99 loss to the Minnesota Timberwolves in a rematch of last season’s Western Conference finals.

Doncic, who had scored 14 points, limped out of the game and did not return. The Mavericks did manage a brave comeback attempt without him, before falling short.

Anthony Edwards put up 26 points for Minnesota.

The Timberwolves led 57-40 at the half and extended that advantage to 28-points before Dallas, led by Kyrie Irving who made 39 points, started to work their way back into the contest.

It was close at the end but Irving missed a three-point shot that would have given Dallas the lead in the last minute and a two-foot shot from Edwards and a pair of free throws from Julius Randle made sure of the win.

“Kyrie to me is the greatest point guard and so when he gets going, it’s tough to stop him,” said Edwards.

“We got a couple of big stops down the stretch and got some buckets so that helped us,” he added.

The Los Angeles Lakers scored a 115-113 road win over Golden State Warriors.

Lakers big man Anthony Davis didn’t return for Los Angeles against Golden State after spraining his left ankle midway through the first quarter. Davis stepped awkwardly and rolled the ankle while moving through the paint toward the Lakers basket and exited with 4:48 remaining in the quarter.