All those cricketers who were drafted for eight franchises for “The Hundred” will have their contracts terminated by England and Wales Cricket Board(ECB).
As ECB announced that they will be delaying this tournament of “The Hundred” till 2021 in the wake of coronavirus pandemic.
The two reasons for extending this tournament firstly, Global travelling restrictions which will be imposed on all the international stars who were supposed to take part in the tournament. Secondly, the lack of fans witnessing the match in the stadium.
As International stars like Aaron Finch, David Warner, Steve Smith, Glenn Maxwell were all snapped up on $150k contracts of the tournament.
The new 100 ball competition was supposed to start from 8 city-based franchises which were supposed to start from July 17th.
Sky Sports who was supposed to broadcast matches for this have withheld the rights as the event will happen next year now and they had also paid the first installment amount of $45 million per annum will not release any more payments now.
The deal which the broadcaster had with ECB was for five years will cover 5 seasons for the hundred and all home matches with England Cricket Team along with domestic matches.
As the “Sky Sports and ECB” have a contract for five years so the remaining amount which has been paid by Sky Sports to ECB will that amount is going to be refunded back to the broadcasters or will it be adjusted when the same tournament commences next year.
