You cant really blame BCCI for that if other boards are incompetent to generate revenue from their own market. You may call it circus, id call it business strategy, it is because of BCCI that we see today many kids in India can actually think of cricket as an career. In 80-90s kids would give up cricket as there were no money involved, that have changed.
Now coming to Pakistan, as i said i do agree they are being duped by BCCI with ‘Govt clearance’, however they are also to be blamed for not able to generate revenue from their market. Pakistan have 200M crazy population and no other sport to compete for market, yet they have been struggling with it. Maybe Psl will change that in near future.
They can pursue their fight with BCCI as long as they want, but here PCB is putting their relations with other boards at risk. Lets assume they did boycotted and rest of the boards decide to go ahead without Pakistan, so whats next for Pcb? Who will be the ultimate losers? Will this hurt BCCI?