Cricket Australia approves BBL privatisation framework as player revenue talks stall

Cricket Australia's board has ratified a self-determination model allowing state associations to sell ownership stakes in Big Bash League clubs. The Melbourne Renegades are set to be the first club to pursue private investment under the new framework. However, the privatisation push is proceeding despite ongoing disputes with players over revenue sharing arrangements. The players' side has called for an independent assessment to resolve the financial disagreement. CA has acknowledged that a final deal with players remains a significant distance away.