Caribbean Premier League News Topic

CPL MAKES SALARY CAP CUTS

Last year’s inaugural edition of the Caribbean Premier League (CPL) was a success with the public. But in an effort to reduce costs for the 2014 tournament, the player salary cap is likely to be scaled down.
“We’re looking at reducing the salary cap,” CEO of the CPL Damien O’Donohoe told the Express yesterday.
O’Donohoe said the move “hasn’t been finalised,” yet, but asked how much of a cutback was being considered, he said, “ten per cent will be close to what we will be looking at.”