Sale of SA20 franchises & broadcast rights have bolstered CSA

The SA20 has been tremendous fun and showcased some great cricket, but let’s not forget its primary function is to bolster South African cricket’s finances. Happily, the sale of franchises and broadcast rights has gone really well for Cricket South Africa. Most unusually for a start-up T20 league, the SA20 is expected to show profitability after Year One. That means after the other shareholders and franchises have taken their share, CSA are expecting to get a few million dollars by way of a dividend. As one insider put it “It won’t yet move the needle on our financial situation, but...

from The Citizen https://www.citizen.co.za/sport/cricket/sale-sa20-franchises-broadcast-rights-bolstered-csa/