RUSSELL...each year, it takes US$25 million to run this tournament over five weeks. CPL and the franchises bear all these costs. There is no financial burden on CWI.
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With their long-term agreement with Cricket West Indies (CWI) heavily scrutinised by government leaders and cricket stalwarts, chief executive, Pete Russell of the Caribbean Premier League (CPL) defended the product’s positive contribution to cricket in the region.
Addressing the gathering on Friday’s final day of the CARICOM conference on West Indies cricket themed ‘Reinvigorating West Indies Cricket’, Russell said the CPL is one of CWI’s largest domestic commercial partners.
While noting that CPL contributed significantly to player economic welfare, with nearly US$28 million spent on salaries since the start of the tournament in 2013, Russell, also revealed that cumulative losses, across both the league and franchises for the past 11 years, stand at US$40 million.
“Dennis O’Brien and Digicel have been the principal investors, not only investing in the league from day one but they also spent money on sponsorship and media rights. The franchises have also pumped in significant money, money that helps pay players and coaches, as well as investing in local businesses around the region that help make the games happen. All the franchises have made losses.
“So, on the positive side, Cricket West Indies has been paid close to US$17 million in sanction fees, so over the past 12 years CPL would be one of CWI’s largest domestic, commercial partners. Caribbean players have taken home US$27.7 million in player salaries since the tournament’s inception, all paid for by the franchises,” Russell declared during the event held in Trinidad and Tobago.
“Each year, it takes US$25 million to run this tournament over five weeks. CPL and the franchises bear all these costs. There is no financial burden on CWI or the territorial boards, so the risk is 100 per cent ours.
“So that is our starting point each and every year. So as you can imagine, the commercial challenges are considerable just to break even,” he added.
Russell’s response came as government leaders and West Indies legend Sir Clive Lloyd, suggested that the 50-year contract between CPL and CWI be re-negotiated.
The issue of the league’s ownership was also called into question, as they view was largely expressed that there would potentially be more development and earnings for players, if CWI controlled the tournament.
But, Russell, a member of the CPL management team rebutted.
“What is interesting is that other leagues around the world are following the lead of CWI. They are also looking for third-party investors to help fund their leagues. The English Cricket Board are in the process of selling The Hundred, the Australian Cricket Board are courting outside investors for the Big Bash, Cricket South Africa sold all their rights to host broadcaster Supersport, and the new American Major League Cricket is 100 per cent privately owned,” Russell shared.
“In time, only the IPL will end up being 100 per cent owned by its domestic board and that is simply because they can afford to do so. So, trust me when I say, ownership isn’t everything, and smart stewardship and partnership can yield better results. But of course, we’re always happy to listen to any suggestions on how we can improve things,” he ended.
ICC Men’s T20 World Cup 2024 Warm-Up matches confirmed
The official warm-up match fixtures for the ICC Men’s T20 World Cup 2024 have been announced. Matches are scheduled to be played from Monday 27 May to Saturday 1 June across the USA and at two venues in Trinidad and Tobago in the West Indies.
The venues to host the 16 warm up matches are the Grand Prairie Cricket Stadium, Grand Prairie, Texas; Broward County Stadium, Broward County, Florida and Queen’s Park Oval and Brian Lara Cricket Academy in Trinidad and Tobago.
Warm-up fixtures will be 20 overs per side and will not carry international T20 status as teams will be allowed to field all members of their 15-player squad. In a change from the previous rights cycle, teams will now have the option of playing up to two warm-up matches depending on arrival time at the event.
The West Indies against Australia fixture at Queen’s Park Oval, Trinidad and Tobago on Thursday 30 May will be open to fans, tickets will be available at tickets.t20worldcup.com or box offices located at the National Cricket Centre and Queen’s Park Oval from 16 May.
Warm-up match schedule:
Monday 27 May
Canada v Nepal, Grand Prairie Cricket Stadium, Grand Prairie, Texas 10h30
Oman v Papua New Guinea, Brian Lara Cricket Academy, Trinidad and Tobago 15h00
Namibia v Uganda, Brian Lara Cricket Academy, Trinidad and Tobago 19h00
Tuesday 28 May
Sri Lanka v Netherlands, Broward County Stadium, Broward County, Florida 10h30
Bangladesh v USA, Grand Prairie Cricket Stadium, Grand Prairie, Texas 10h30
Australia v Namibia, Queen’s Park Oval, Trinidad and Tobago 19h00
Wednesday 29 May
South Africa intra-squad, Broward County Stadium, Broward County, Florida 10h30
Afghanistan v Oman, Queen’s Park Oval, Trinidad and Tobago 13h00
Thursday 30 May
Nepal v USA, Grand Prairie Cricket Stadium, Grand Prairie, Texas 10h30
Scotland v Uganda, Brian Lara Cricket Academy, Trinidad and Tobago 10h30
Netherlands v Canada, Grand Prairie Cricket Stadium, Grand Prairie, Texas 15h00
Namibia v Papua New Guinea, Brian Lara Cricket Academy, Trinidad and Tobago 15h00
West Indies v Australia, Queen’s Park Oval, Trinidad and Tobago 19h00
Friday 31 May
Ireland v Sri Lanka, Broward County Stadium, Broward County, Florida 10h30
Scotland v Afghanistan, Queen’s Park Oval, Trinidad and Tobago 10h30
Saturday 1 June
Bangladesh v India, Venue TBC USA
IPL: Washout confirms SRH play-off place
Sunrisers Hyderabad are into the Indian Premier League play-offs despite their game against Gujarat Titans being abandoned without even doing the toss due to rain.
SRH move onto 15 points, with one game remaining, but are now ensured a top-four finish for the first time since 2020.
Their top-two hopes have taken a hit though – they have to beat Punjab Kings in their final game and hope Rajasthan Royals lose to Kolkata Knights Riders to finish second.
The Titans were already out of play-off contention after their previous game against KKR was also called off due to a heavy storm without hitting a ball. They finish their season currently third from bottom, though that could change depending on results in the final few matches.
JPL finalists Mount Pleasant, Cavalier join teams from T&T, Dom Rep as early qualifiers for Concacaf Caribbean Cup
Reigning Jamaica Premier League champions Mount Pleasant FA and Cavalier FC have booked spots in this year’s Concacaf Caribbean Cup where they will again challenge for a berth in next year’s Concacaf Champions Cup.
By virtue of setting up a repeat of last year’s final, Mount Pleasant, hunting their second local top-flight title, and Cavalier, seeking redemption from last season’s defeat, joined three other clubs from Dominican Republic and Trinidad and Tobago as early confirmations.
This will be Mount Pleasant’s debut in the Caribbean Cup and first appearance in a Concacaf tournament, while Cavalier makes a return after an unbeaten run in the group stage, before finishing as runner-up to Suriname’s Robinhood FC. It also and earned them a debut appearance in the Concacaf Champions Cup.
From Dominican Republic, Cibao FC, will make its second appearance in the Caribbean Cup as the 2023 league champion from the Dominican Republic. Cibao has become a regular to Concacaf competitions, appearing in the 2018 Champions League and the 2020 and 2022 Concacaf League.
Based in Santiago de los Caballeros, Cibao became the first team in the history of the Dominican Republic to secure an official international title when they won the 2017 Concacaf Caribbean Club Championship.
Meanwhile, Moca FC, also out of Dominican Republic, returns for a second crack at the Caribbean Cup due to their standing in the 2023 season. Moca reached the semifinals in the previous edition and won the third-place match to qualify for the 2024 Concacaf Champions Cup, making its debut earlier this year. Gustavo Ascona is the club’s all-time leader with four goals in the competition.
Trinidad and Tobago’s AC Port of Spain will make a second appearance in the Caribbean Cup. The club will be aiming to achieved new milestones by getting their first win in the tournament and, by extension, secure a first Concacaf Champions Cup participation.
The remaining clubs in the annual 10-team tournament –that crowns a Caribbean champion and determine participants from the region for the Concacaf Champions Cup –will be determined as their respective nations wrap up their domestic seasons.
A draw will be held on June 6 to divide the teams into two groups of five.
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