Wednesday, May 15, 2013

WICB to earn $4.5 million from Caribbean Premier League

The West Indies Cricket Board (WICB) will earn US$4.5 million each year from their deal with Verus International, the owners of the Caribbean Premier League, a WICB Director has announced. The WICB earnings will also include an annual licence fee of US$1.5 million, which takes inflation rates into account, Director Baldath Mahabir has stated.

“The West Indies Cricket Board was running the regional T20 tournament and was losing US$3 million a year because there were no sponsors,” said

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