I've said it before and I'll it again - the BCCI having nothing to gain by pulling out of ICC events and starting a war with the ICC, other than a short term ego boost.
All this money which BCCI and their fans are boasting about, will rapidly start dwindling away if the BCCI does not have support from the ICC and consequently the ICC members.
If the ICC start putting restrictions on players playing in the IPL and countries touring India, the BCCI will have to bend over backwards and hand out huge amounts of money to even have a chance of seeing the top players from countries like South Africa, New Zealand, Australia and England play in India and oppose the ICC.
India vs Pakistan is already not happening, so that leaves us with Sri Lanka, West Indies, Bangladesh and Zimbabwe. From those teams, the BCCI will have to pay the boards more than what they currently get from the ICC (at the very least) to convince them to tour India and isolate themselves from the ICC and ICC events.
Rather than getting themselves into a position where BCCI is losing tons of money due to rubbish players playing in the IPL, India not taking part in ICC events and BCCI having to pay countries sizeable amounts of money to tour India and participate in bilateral series's, it is absolutely evident that 'going to war with the ICC' is nothing other than a silly knee jerk reaction, just to get an ego boost for the BCCI.
Would you rather be in a position where you are by far the strongest cricket board, making huge amounts of money and can play whomever you want, whenever you want - or would you rather be in a position where you have isolated yourself from the rest and therefore everyone else has all the negotiating power and can demand pretty much whatever they want to play against you and your hands will be tied since you dont have any other choice other than giving them what they want?
Now before all the BCCI fans come rushing to point out the damage that will be caused to the ICC by the BCCI pulling out - yes - the ICC will also be hit hard. However, they are not the ones who are threatening to leave the BCCI behind. It is the BCCI that is threatening to leave the ICC, so lets stick to the discussion at hand. Also, the ICC existed and operated (more effectively some would argue) before India became such a cricketing power house - so it is safe to say that they will continue to operate if the BCCI decides to effectively leave the ICC. However, what chance does the BCCI have without the support of the ICC and consequently its members?
Another fact which many BCCI fans on here are failing to acknowledge in all their chest thumping with regards to all the money they have, is that without the ICC and support from the ICC members they would not have any of it. The IPL is a money making machine due to to the international players making it a high profile event. The television rights sell for high amounts of money due to large audiences being interested in seeing India play against other international teams and participate in high profile events. How many millions and thousands of rupees do the Rajni Trophy, Duleep Trophy etc. generate?
The BCCI fans fail to recognise that the BCCI is able to generate such huge sums of money only because they have a huge population who are cricket crazy - in other words a ready made market in which they would have to do a hell of a lot wrong NOT to make huge sums of money. Boycotting the ICC and the ICC members IMO will very well be one of those huge mistakes
The money generated by the game of cricket should be used to promote the game of cricket around the world. It should not be used to make the strong teams strong and isolate the rest of the world further.