Cricket West Indies (CWI) has announced structural changes amid a severe financial crisis, including a 25 per cent cut in retainers for international and domestic players. The board has also suspended the women’s domestic T20 Blaze and next year’s Women’s Super50 competitions.
CWI chief executive Chris Dehring said in a statement that the board had been forced to take several difficult decisions to address the severe financial crisis. As part of the restructuring, the retainers of centrally contracted international players will be reduced by 25 per cent, while domestic players’ contracts will be shortened from 12 months to seven.
The women’s T20 Blaze and next year’s Women’s Super50 competitions have been suspended due to the rising costs of running domestic cricket. In place of the suspended tournaments, CWI plans to organise a ‘best versus best’ development tournament for women next year.
Separate qualifying tournaments will also be organised for the 2028 Los Angeles Olympics. However, CWI will not bear the cost of these events. The respective cricket and Olympic associations of Caribbean countries, along with local sponsors, will be responsible for funding them.
Dehring said CWI could no longer afford to cover the full costs of domestic teams’ travel, accommodation and match fees. The board has spent more than US$80 million on domestic air travel over the past 15 years.
Amid the financial difficulties, the West Indies Players’ Association and the cricketers have agreed to the board’s decisions after considering the overall situation.
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