Tests need better revenue-sharing model: Graeme Smith

Cape Town, February 6

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As Test engagements shrink amid mushrooming T20 leagues across the world, former South Africa captain-turned-administrator Graeme Smith said the five-day format needs a balanced revenue-sharing model than a busy calendar to survive.

Currently, India is the biggest beneficiary of the ICC’s revenue distribution model, assured of 38.5 per cent of the total earnings for the 2024-27 cycle. While the Indian board will get $231 million annually, the West Indies would get about $27.50 million, South Africa $26.24 million and a minnow like Afghanistan would fetch only $16.82 million per year.

Smith said the challenge lies in addressing this disparity. “Everyone talks about scheduling but the real challenge for Test cricket is financial modelling. You have heard Johny Grave (Cricket West Indies CEO), he has been openly speaking about the revenue sharing model,” Smith, who is the commissioner of the ongoing SA T20 League, said.

“West Indies winning the Test in Australia is great for the game but they didn’t get any revenue for that tour. We discuss in the MCC committee meetings what should be the revenue sharing model to make nations so financially strong that they want to play Test cricket. Players feel that they can make more money playing T20s rather than Tests. Those financial decisions eventually impact the format,” added the former MCC committee member.

Several West Indies players prefer to be T20 freelancers and reject contractual agreement with the cricket board, citing lack of funds. As a result, the Caribbean board, along with Pakistan, has been vocal in its criticism of the model. Smith said the T20 format is important for the growth of the game and making sure that it remains commercially viable.