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Business Model Of ICC World Cup

Updated: Feb 25, 2024

Winning Prizes


Position

Winning Money

Tournament Winner

1,600,000 dollars

Runner up

800,000 dollars

Semifinalists

800,000 dollars

and the top 12 teams get $ 70,000 for winning each match . This year the total prize money for the world cup is 1.6 Million dollars .


Broadcasting Rights

ICC gives rights to TV channels to broadcast the world cup and ICC takes money in change of it , currently these rights are given to Star Sports Network . Star Sports Network has given 1.3 Million $ to ICC to broadcast the World cup till 2023 .


Commentators And Umpires


Umpires

For every match umpires get ₹ 1,98,000 for each match for a world cup and this money is given by ICC .


commentators

For every match commentators get around ₹ 2,50,000 to ₹ 5,00,000 for each match and this money is also given bi ICC .


Hosting country

The country which hosts the event has the benefit of tourism and infrastructure


Tourism

When a country hosts the world cup many people come to see the world cup as tourists and from them the government of that country collects so much revenue .


Infrastructure

When a country hosts the world cup it keeps every place clean and also builds many hotels and stadiums which upgrades the Infrastructure like in 2010 , when Delhi hosted the commonwealth games .


both of these factors boost the country's economy .


but the hosting country also has to declare tax free zone for the event some times it is good and some times it is bad for the country's economy .


what do you think about this article ,you can share you thoughts about this article on https://aayush21mzn@wixsite.com/website .

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