BCCI will get US $405 million as per the International Cricket Council's revenue sharing model, which was agreed during the apex body's annual conference in London.
ICC had originally agreed to give US $293 million, but after hectic negotiations, Chairman Shashank Manohar agreed to increase the amount by $112 million.
India will now get $266 million more than England, which will take home $139 million.
Australia, Pakistan, West Indies, New Zealand, Sri Lanka, and Bangladesh are getting $128 million each, and Zimbabwe will get $94 million.
The revenue sharing model has been a bone of contention for BCCI, as the world's most influential cricket board had demanded $570 million, which was unacceptable to Manohar, a two-time former Board president.
A Indian cricket Board official told PTI, “BCCI has agreed to the terms and conditions.”
The BCCI, in fact, lost 1-13 when it was brought to vote at an earlier meeting. However, the Indian board is still getting 22.8 percent out of total shared revenue of $1536 million.
The ECB gets 7.8 percent, while the other boards are getting 7.2 percent. Zimbabwe is getting 5.3 percent.
While more than 86 percent is given to full members, the remaining is shared between the ICC's associate members.
(With inputs from PTI.)
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