Cricket Sports

CWI slashes salaries of staff and players

Cricket West Indies have slashed staff and player incomes by 50 per cent, amidst heightening financial troubles due to the global COVID-19 pandemic.

Describing the move as a “temporary measure”, the board said it did not envisage pay cuts lasting beyond “three to six months”.

The cuts will also extend to the funding for territorial boards, territorial board franchises along with the players association, WIPA. Retainers and allowances for directors and executive management are also being slashed by half.

CWI approved the measures during a board of directors meeting held by teleconference on Thursday, acting on recommendations put forward by its Financial Strategy Advisory Committee.

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