WICB Could Lose US$15M in ICC Contract Dispute
The West Indies Cricket Board (WICB) could lose up to US$15
million if the contract dispute between the ICC and the players is
not resolved.
Along with the other nine full ICC members, the WICB would get
US$8.85 million for participating in the mini-World Cup tournament
in Sri Lanka and next year's World Cup in South Africa but a
simmering tiff between the ICC and unions representing the players
over sponsorship money is threatening to toss that money out of the
window.
For the cash-strapped WICB, there is also the possibility the
takings could exceed $15 million, when the prize money of US$6
million is taken into account, according to a report in Wednesday's
Barbados Nation.
Although no West Indian player has an individual endorsement deal
that is directly affected by the proposed ICC contract, the 14-man
squad for the tournament has been directed by the West Indies
Players' Association (WIPA) to unite with the Federation of
International Cricketers Associations (FICA) and refuse to sign the
contracts.
According to the newspaper, the Caribbean board is required to sign
the Participating Nations Agreement (PNA) which covers a commitment
to send a full-strength team to both tournaments.
"If its leading players absent themselves, (the WICB) is likely to
be heavily fined by the ICC, losing money that it cannot afford at
a time when it has lost US$15 million over the last three years,"
according to the newspaper..
The ICC is demanding players relinquish personal sponsorships that
conflict with its own official business partners as part of a
US$550 million pact for commercial rights it signed with Global
Cricket Corporation (GCC) two years ago.
India's players have already refused to sign the contract and FICA
has also gained support from Australia, South Africa and the West
Indies main cricketers. According to the Nation, Bangladesh,
England, Holland, Kenya, New Zealand, Pakistan, Sri Lanka Zimbabwe
have had no problems with the contracts.
The Board of Control for Cricket in India (BCCI) is contemplating
sending a second string team if the players don't sign the ICC
contract.