Cricket Australia Avoids Player Strike

Cricket Australia has agreed a number of concessions with players including setting aside more than 25 percent of the revenue generated by the 2015 World Cup for the nation’s first-class players.

Cricket Australia (CA) and the Australian Cricketer’s Association (ACA), have “signed a new memorandum of understanding,” beating the June 30 deadline

The CA agreeing to provide the ACA with 26% of revenue from the World Cup to be jointly hosted by Australia and New Zealand in 2015 was vital. Other significant provisions included the performance model increasing from 24.5 percent to 27 percent, the state pool retainer growing from $(AU)6M to $(AU)7.8M and the average state cricketer’s contract increasing from $(AU)55,000 to $(AU)65,000.

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