President of Cricket West Indies, Ricky Skerritt, says despite the economic downturn from the impact of the COVID-19 pandemic, West Indies players on retainer will not be asked to take a pay cut just yet.
This, according to Skerritt, doesn’t mean there will be no changes because a technical committee had been vetting retainer contracts in lieu of them coming to an end in a few months.
“There has been no move in that direction at this time. We are actually in the process right now, that is the technical team is in the process of reviewing retainer contracts [because] the retainer contracts come to an end within the next couple of months. So, it is being looked at as normal, but I expect that we will have to do a bit of a check on where we are and what we can afford to do going forward,” he said in an interview with the Good Morning JoJo Sports Show in Antigua.
Skerritt’s comments do not mean that the CWI is in great financial standing despite the COVID-19 pandemic’s effects on sport worldwide, and in fact, the president has pointed to other areas where there might be an impact in short order.
“CWI is facing a rapidly changing world environment for sports and with no sports taking place, with revenues related to broadcast rights and sponsorship and so on, gate receipts, all of those revenues are important, so every sporting organisation around the world is facing issues. Those that were already facing cash flow issues or other organizational issues will just have it tougher and CWI is one of those,” said Skerritt.
English male cricketers have collectively donated £500,000, the women have agreed pay cuts for the next three months to help the English Cricket Board deal with the fallout from a lack of play, while the NBA is proposing a 50 per cent pay cut while games are suspended.
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