Cricket Business : Bad News for Australian cricketers, big salary cuts…

first_img Cricket Formula 1 YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Share on Facebook Tweet on Twitter $1 = 1.4497 Australian dollars F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd CA had more than A$90 million in reserves at the end of March but furloughed about 80% of its workforce in April to save some A$3 million in costs, a move that drew widespread criticism.Several of Australia’s state associations have also made deep staff cuts in recent weeks.Roberts last week flagged another round of cost-cutting, saying no part of the game would be “untouched”. TAGSAustralian Cricketers Salariescricket AustraliaCricket BusinessIndia tour of AustraliainsidesportSport NewsT20 World Cup SHARE WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates Cricket Cricket Business : Bad News for Australian cricketers, big salary cuts imminent Australia’s cricket board have projected a nearly 25-30% plunge in revenue that underpins player payments as the domestic game struggles to cope with the fallout from the COVID-19 pandemic, local media reported on Thursday.A 25 per cent reduction on the pre-pandemic revenue figure of $407 million would take it down to about $305 million, just below the initial $323 million expected before the $1.2 billion TV deal was signed in 2018. This would see players lose $28 million in payments.  Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoPUBG Mobile Big Update : For the first time ever, India Government makes it official, ‘No Permissions to PUBG’UndoWrestler Murder Case: Sushil Kumar spotted hitting victim with sticks in exclusive video; WatchUndoWhy Cricket Australia’s revenues matter to the players ?It has been agreed between the players and Cricket Australia in 2017 that board will share 27.5% of its total revenues with the players. The total revenues or Australian Cricket Revenue (ACR) constitutes of money earned from broadcast deals, sponsorships, percentage of gate and other revenue streams for CA. Players earn 27.5 per cent of ACR. Now with the new revenue projections presented to the Players on Wednesday, player salaries will be impacted majorly. The players union, the Australian Cricketers’ Association, confirmed to Reuters that they had received revised revenue projections from CA and would hold a board meeting to discuss them later on Thursday. Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates Cricket Facebook Twitter Cricket center_img CricketSports BusinessCricket BusinessLatest Sports NewsSport RELATED ARTICLESMORE FROM AUTHOR Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Previous articleTeammates have helped me succeed: Harmanpreet after Arjuna nominationNext articleBEN vs TON Dream11 Team Prediction;Benfica vs Tondela Preview, Key Players , Live Streaming Details Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. By Kunal Dhyani – June 4, 2020 WTC Final Day 3 LIVE Score: Latham, Conway provide solid start- Tea Break; NZ 36/0 (21 ovs)- Follow Live Updates Cricket IND vs NZ Live Streaming for free with Jio, Airtel and Vodafone Idea, Check out the best Recharge Plan Latest Sports News WTC Final 2021 LIVE: 5 Ways to watch India vs New Zealand World Test Championship LIVE Streaming for free WTC Final 2021: India vs New Zealand Full Squad, Schedule, Live Streaming, Date, Time, Venue all you need to know World Test Championship final Football CA Chief Executive Kevin Roberts said last week the board was facing a shortfall of about A$80 million in revenue due to COVID-19 and there was a high likelihood Australia would not be able to host the Twenty20 World Cup in October-November. The bleakest scenario looks to have been avoided, however, with India’s lucrative four-test tour, worth an estimated A$300 million in revenue, set to go ahead in the home summer. Cricket BCCI to form committee to take call on compensating domestic cricketers Tokyo Olympics: Deepika Kumari to be sole entry to Tokyo Games as Indian women’s recurve team fails to qualify last_img

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