The International League T20’s (ILT20) franchises have reportedly written to the league seeking changes in the current revenue model. The board is yet to gain a full member status, and hence is sanctioned by the Emirates Cricket Board (ECB) and not the ICC. The current revenue model states that the revenue model will be allocated to the franchises once the league completes 10 years.
Also read: Franchises retain Andre Russell, Kieron Pollard, Chris Woakes, and more for ILT20 season 2
However, all the six franchises involved in the league demanded allocation of the revenues from the year 2024 itself. The names of the franchises involved are Gulf Giants, Desert Vipers, MI Emirates, Dubai Capitals, Sharjah Warriors and Abu Dhabi Knight Riders. According to reports by News 18 Cricket Next, the Secretary General of the Emirates Cricket Board Mubashir Usmani was approached for his say on the same, but he is yet to make any comment on the same.
Not only this, but the report also states that Zee, which holds the media rights for ten years, wants to renegotiate the existing arrangement. Zee reportedly paid more than INR 800 crore for the global media rights for both TV and digital. News 18 Cricket Next quoted an industry source saying, “After evaluating the first season, Zee too may want to renegotiate terms. It initially got into a ten-year arrangement which was believed to be over Rs 800 crore. The first season has given the media house a better sense of the numbers game.”
Till the time the league gets the status of a Full Member (FM) of the International Cricket Council, matches won’t get a formal List A T20 status and the statistics won’t be recorded. The inaugural season of the league in 2022 saw the participation of some big names with the Adani Group-owned Gulf Giants winning the first season of the tournament.
