Cricket Australia approves privatisation of Big Bash League
In what comes as a massive development, Cricket Australia has announced the privatisation of the Big Bash League on Tuesday. The first step would be launching the sales process for the Melbourne Renegades franchise.
For years now, private investment and privatisation of BBL has been a topic of debate in Australian cricket. Over the last year or so, the discussions only intensified, and on Tuesday, the CA board greenlit the decision.
"CA will invite bids from private owners for the Renegades with a view to them playing the 2027-28 season under new ownership. Pending the result of that process, CA will consider taking other clubs to market under a self-determination model that gives each State member the ability to assess the optimal pathway for its own club and community," CA said in a statement.

