WICB levies contract fees

The West Indies Cricket Board (WICB) has taken an unprecedented decision to impose a 20 percent levy on the contract fees of its Twenty20 cricketers playing in overseas domestic tournaments.

The WICB said in a statement that the revenue raised will be used to aid the development of players in the territories.

The statement said some of the funds will be disbursed as an incentive for territories to “expose new cricket talent.”

The WICB proposed to take 20 percent of Twenty20 players’ contract fees in exchange for a No-Objection Certificate to play in overseas Twenty20 tournaments.

The WICB said it has communicated its new policy to the CEO’s and presidents of all ICC full members.

The statement says that so far India and Bangladesh have agreed to the release fees.

Insignia Sports, which manages all-rounders Kieron Pollard, Chris Gayle, Darren Sammy, Dwayne Bravo and some others, also plans to challenge the WICB plan.

More from Around NYC