Amitabh Choudhary, the BCCI's acting secretary, has said the $400 million offer the ICC has left on the table is not "anywhere even close" to the Indian board's contribution to global cricket revenues. Choudhary contended that the Indian market contributed 70 % of the global cricket revenue and that it was natural for India to get the lion's share.
Under the ICC's new finance model, the BCCI's share of ICC revenues across the 2015-23 cycle stands at $293 million. That share is based on the ICC's projected income of $2.7 billion. While the BCCI wanted $570 million in accordance with its revenue percentage under the previous Big Three finance model, ICC chairman Shashank Manohar made a counter-offer of an additional $100 million to bring the BCCI's share to nearly $400 million.