Despite not qualifying for the 2017 Champions Trophy tournament in England, the West Indies Cricket Board will benefit financially.
The regional team was ninth in the ICC ODI rankings at the cut off period September 30, 2015 and missed qualification for the tournament as only the top eight teams earned the right to compete.
With the WICB in financial problem, failure to qualify for the tournament was seen as another avenue where funds dried up.
However, since the WICB is a full member of the ICC, the Board is guaranteed a share in the finances from the tournament. The ICC has a share allocation system for full members and Associate members, even if their teams do not participate.
Chief executive officer (CEO) of the WICB, Michael Muirhead is expected to fly to Dubai for the ICC's CEO meeting, where CEOs from member countries will be attending to get information concerning the T20 World Cup in India and the 2017 Champions Trophy in England.
Muirhead is expected to have a better idea of what the WICB can expect to generate from those two events.
The WICB got US$16M from the last Champions Trophy in England two years ago. They will be expecting a similar or even greater amount from the 2017 event, as television rights which is the biggest money spinner in these events have been more lucrative than before.
Also the WICB will benefit from the entire amount given to them because there would be no West Indies team at the event for the players to have a share of the money. This money is expected to go towards development programmes that the WICB is currently undertaking.
The WICB found themselves in a less than favourable financial position because of the number of non-profitable tours they had to host under the Future Tours Programme (FTP). Over the next two years the board is expected to do much better financially as in addition to these two world events, to cash in from, they would also have some lucrative home series. India is due to come to the Caribbean next year, once the off-field issues over the aborted tour are solved. The Indian team brings the most revenue when they are hosted and the board will be looking forward to this. After the Indian series there will be two major cricket countries coming to the Caribbean and they are Australia and South Africa.